When a price moves up 1.5% if the % per grid is 1.5%, that means it'll touch the next order, right?

So the % refers to the amount of profit, because 0.05% of that is fee, but at the same time to the space between grids, is that correct?

Answer

Yes, but the profit per grid shown at apps is already fee deducted. Make sure it is positive, or you can adjust how low or how high you want it to be

Related posts:

  1. In grid trading if we increase the grids although the profit per gird comes down but the chance of activating the grid in time goes up but at the same time we will pay more fees for trades done.From your experience which one is more significant “lower grids but bigger profit per grid” OR “more grids but lower profit per grid” ?
  2. I put 2 buy order for different coin,When i try to put sell limit order of that 1 coin….it shows last coins order only…
  3. Question? Instead of setting a grid for when it goes down can I set a grid for when it moves up and still set a stop loss?
  4. Does Trigger Price settings means the bot will start after market price reaches my set price?
  5. How can one invreatevthe qty per grid. Only once the botbis created I can see number of qty per grid
  6. What Trailing percent means? Is it mean the upper price is 10% above the trigger for example? 10% of what range? 10% from the range between highest price and trigger price?
  7. Hello. Why Profit per grid is not fixed?But Profit per grid(Fee deducted) is 0.41%-0.94% (99 Grids)
  8. "BTC/USDT –If the price drops too much and goes out of the GRID and all my buy orders are filled I will still have bought the BTC ( may be not at the best price) but I will have my BTC – ( better then just holding it) .If the price goes too high and out of the GRID then I will have all my SELL order filled and no more pending orders and I will have all my profit in USDT ?"
get free trading bots now