Infinite Grid Parameter Explanation
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*Parameter explanation uses the BTC/USDT trading pair with investment and earnings in USDT as an example (i.e., long position).
Profit Target Per Grid (Required)
Used to determine the profit target for each transaction (buy then sell or sell then buy) excluding fees. Affects the price of the closing order; setting too high a profit target will reduce the chance of closing the order. Supports setting by profit rate, meaning the profit rate target for each transaction is fixed, but the profit amount will vary. For the same profit rate, the higher the market price, the larger the required price difference for each transaction, reducing the chance of closing the order.
Example
If the profit rate per grid is set to 10%, with a single order of 100 USDT and a fee rate of 0.1%, if the opening buy order price is 1000 USDT, then the closing sell order price will be (100×(1+10%)+(1-0.1%))+(100+1000×(1-0.1%) ) =1102.20 USDT, with a grid profit amount of 100×10%=10 USDT.
Initial Grid Price (Optional)
Used to determine the initial position of the grid lines, with other grid lines distributed above and below this center. Can be set to integer prices or support/resistance levels, etc. If not specified, it defaults to the midpoint between the best bid and ask at the time of strategy creation.
Example
If the current midpoint is 1001.23 USDT, the initial grid price defaults to 1001.23 USDT but can be adjusted to 1000.00 USDT.
Advanced Settings: Single Order Amount (Optional)
Used to determine the amount for each order. The single order amount cannot be lower than the market's minimum order amount requirement.
Advanced Settings: Grid Distribution and Grid Interval (Optional)
Used to determine the distance between two adjacent grids, affecting the density of order distribution. If not specified, it defaults to a proportional grid. Supports proportional and arithmetic grids:
Proportional Grid: Fixed percentage increase between adjacent grids
Example
If the grid interval is set to 10%, and one grid line price is 1000 USDT,
then the adjacent grid line prices will be 1000×(1±10%) USDT.
Arithmetic Grid: Fixed price difference between adjacent grids
Example
If the grid interval is set to 100 USDT, and one grid line price is 1000
USDT, then the adjacent grid line prices will be 1000±100 USDT.
Investment Parameter Explanation
Total Investment Amount (Required)
The total assets invested in this strategy. The invested assets must be more than twice the single order amount. Depending on the invested assets, the strategy's order mechanism and the calculation currency for profits will differ:
·Investing in USDT Assets: Each transaction is buy then sell, with profits calculated in USDT. Recommended when the market is fluctuating upwards.
·Investing in BTC Assets: Each transaction is sell then buy, with profits calculated in BTC. Recommended when the market is fluctuating downwards.
Risk Control Parameter Explanation
Floating Loss Stop-Loss (Optional)
Used to stop the strategy when the floating loss of the invested assets reaches a certain percentage to control risk.
Example
If the fixed stop-loss target is 10%, the stop-loss is triggered when the floating profit/loss rate reaches -10%.
Trailing Stop-Loss (Optional)
The trailing stop-loss tracks the maximum drawdown of the strategy's floating profit/loss. It uses the stop-loss condition as the tracking target. When the maximum drawdown rate reaches this percentage, the stop-loss is triggered.
Example
If the trailing stop-loss target is 10%, and the initial strategy assets are 1000 USDT, when the floating profit/loss decreases from +200 USDT to +80 USDT, the maximum drawdown rate is 1-(1000+80) ÷(1000+200)=10%, triggering the stop-loss.
Highest Protection Price (Optional)
If the current midpoint is higher than the highest limit price, opening orders will be paused until the midpoint returns within the range.
Lowest Protection Price (Optional)
If the current midpoint is lower than the lowest limit price, opening orders will be paused until the midpoint returns within the range.