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How to Use Spot Grid Trading Auto Parameters

2022-03-29 03:57

What is grid trading?

Grid trading is a strategic tool to automate buy and sell orders at preset intervals and preset price ranges. The feature is designed to help you make profits on small price fluctuations as it performs best in volatile and sideways markets. You can also customize and set grid parameters to define a range to profit from price volatility.
To help you build your own grid trading strategy, we will provide recommended parameters in this article. These include lower price limit, upper price limit, and grid count. You may use the new auto parameters function to create a grid trading strategy with just one click.

How to use spot grid trading parameters?

Please note that you can only create 1 grid strategy for each trading pair and the maximum number of grids you can create is 200. You can set a maximum of 10 grid strategies.
1. Log in to your Binance account and click [Trade] - [Strategy Trading].
2. You can create your own grid trading strategy by clicking [Create Strategy], or copy an existing grid strategy’s parameters from [Strategy Pool].
For more details, please refer to How to Create a Spot Grid Trading Strategy on Binance.
3. If you’re creating your own grid trading strategy, you’ll be redirected to the spot grid trading interface. Here you can select the [Auto] or [Manual] mode to start.
1. Click on the [Auto] tab and you’ll see the recommended parameters generated based on the technical analysis of the symbol. You can also click [Copy parameters to Manual settings] to create your own strategy.
Enter the investment amount under [Invest Coin] and click [Create].
2. Check the order details and click [Confirm]. The system will automatically place buy or sell orders at preset prices.
Please note that the recommended parameters are set in Arithmetic Mode by default.
Users should understand, acknowledge and accept the risks associated. Click on the checkbox and click [Confirm] to place the spot grid order.
3. Please note that the auto parameters function doesn’t work when there is not enough trading history on a given asset. Under such circumstances, you will have to set the parameters manually.
You will see the below notice if the historical data on the trading pair is insufficient. Currently, the system requires at least 21 days of data to generate the recommended parameters. The amount of data required may change in the future.
1. There are two ways to set manual parameters. You can copy the auto parameters from the [Auto] tab by clicking [Copy parameters to Manual settings]. You can then modify them for your own grid strategy.
2. Alternatively, click on the [Manual] tab. Select either the [Arithmetic] or [Geometric] mode and enter the parameters for your grid strategy. Click [Create].
3. Check the grid order details and click [Confirm].
4. You may check your running grid strategies from [Running].

How are auto parameters calculated?

Upper & Lower Price

  • Upper Band = MA + BBM * Standard Deviation
  • Lower Band = MA - BBM * Standard Deviation

Grid Number

Grid Number = (grid_upper_limit - grid_lower_limit)/ATR
*Average True Range (ATR) for the past pre-defined hours of the selected symbol
Risk Warning: Grid trading as a strategic trading tool should not be regarded as financial or investment advice from Binance. Grid trading is used at your discretion and at your own risk. Binance will not be liable to you for any loss that might arise from your use of the feature. It is recommended that you should read and fully understand the Grid Trading Tutorial and make risk control and rational trading within your financial ability. For a complete strategy trading disclaimer, please refer to here.