StepGrid

A grid like strategy that trades when price moves more than a defined step size. You can choose between using auto step size or setting a manual step size. Price trailing is completely automatic and happens every step up or down.

The idea of this strategy is to trade every meaningful price movement. Even while below the overall break even price of a position, it will still take advantage of small steps upwards to sell parts of a bag at rates profitable compared to their corresponding buy orders.

This strategy is a bit different than most other Gunbot strategies: there are just a handful configurable options, confirming indicators are not a thing.

Trading behavior

When you run stepGrid with auto step size, this is the kind of trading behavior to expect:

Let's break down what actually happens:

  • Steps up and down are placed around last order rate, in case the trading pair has never traded before the reference price for steps is the price the pair had at the moment the strategy started running.

  • If price moves down a step, it automatically starts buy trailing and places a buy order for 1x 'trading limit' as soon as trailing finishes.

  • If price moves up a step while below break even, it automatically starts sell trailing and places a sell order when trailing finishes. Below break even each sell order is 1x 'trading limit' in size.

  • If price is above break even, the behavior is the same but the order quantities can exceed 1x 'trading limit. If price reaches a full step above break even, it will close a bag at once.

  • If price increases enough to reach the point where the next buy step is above break even, the buy step acts as stop in profit for positions bigger than 4x 'trading limit'.

When in no position, the bot will buy again when either the next buy or sell step is reached.

The bot will continue to accumulate until max buy count is hit, or when it run out of available funds. Every new buy order will lower the break even price.

Balance management is very important, make sure you can afford the planned number of buy orders.

The next trading targets are always visible on the chart.

Keep in mind the targets lines are moving over time, they represent the current targets.

How to create a stepGrid strategy

Using the advanced strategy editor: create a new strategy and select stepGrid as buy and sell method.

Essential settings

To use stepGrid, there are just three essential settings:

There are a few more settings that can optionally be used with this strategy, described below

Additional settings

There are a few additional settings you can use with this strategy.

Other parameters

Buy and Sell enabled options can be set as pair overrides. Watch mode is respected.

Besides settings mentioned on this page, no other strategy setting has any effect on stepGrid.

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