Spot Grid Trading Bots
What are Spot Grid Trading Bots?
Spot Grid Trading Bots are automated trading tools that use grid trading strategies to capitalize on price movements in spot markets. These bots place buy and sell orders at predefined intervals within a specified price range, helping traders profit from market volatility.
All spot markets listed on Helix are supported, allowing you to create grid trading strategies for any available trading pair.
How to Set Up Your Spot Grid Trading Bot
1. Define Basic Parameters
Price Range
Upper Bound: The highest price to sell.
Lower Bound: The lowest price to buy.
Number of Grids
More Grids: Captures frequent price movements but results in smaller profits per trade.
Fewer Grids: Fewer trades but larger profit per trade.
Capital Requirements
Minimum of $50 worth of both base and quote assets.
Additional $5 per grid beyond the minimum, up to 150 grids.
2. Select Distribution Type
Arithmetic Distribution: Equal intervals between grid levels, ideal for stable markets with consistent volatility.
Best Practices
Use stop-loss orders to protect against significant losses.
Adjust grid spacing for market volatility:
High Volatility: Fewer grids with wider spacing.
Low Volatility: More grids with tighter spacing.
Regularly review and optimize your strategy as market conditions change.
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