Explanation of Range Grid Parameters
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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)
Lower Range Price and Upper Range Price (Required)
All opening orders will be limited within the lower and upper range prices. When the mid-market price exceeds the range, opening orders will be paused until the mid-market price returns within the range.
Number of Grids (Required)
Determines how many grids the price range is divided into, affecting the target profit margin of each grid.
Example
Geometric Grid: Range 1000-2000, number of grids is 10, fee rate is 0.1%, then the interval between adjacent grid lines is (2000/1000) to the power of 10=107.18%, meaning each grid's target profit is 107.18%-1-2×0.1%=6.98%
Arithmetic Grid: Range 1000-2000, number of grids is 10, fee rate is 0.1%, then the grid interval is (2000-1000)/10=100, maximum target profit is ((1000+100)/1000)×(1-0.1%)×(1-0.1%)-1=9.78%, minimum target profit is ((2000+100)/2000)×(1-0.1%)×(1-0.1%)-1=4.79%
Advanced Settings: Order Amount per Trade (Optional)
Determines the amount for each order. The order amount per trade cannot be lower than the market's minimum order requirement.
Advanced Settings: Grid Distribution (Optional)
Determines the distribution pattern of grids between the lower and upper range prices.
Geometric Grid: Fixed percentage increase between adjacent grids.
Example
Grid interval set to 10%, a grid line price is 1000 USDT, then adjacent grid line prices are 1000×(1±10%) USDT
Arithmetic Grid: Fixed price difference between adjacent grids.
Example
Grid interval set to 100 USDT, a grid line price is 1000 USDT, then adjacent grid line prices are 1000±100 USDT
Investment Parameter Explanation
Total Investment Amount (Required)
Total assets invested in this strategy. The investment amount must be more than twice the order amount per trade. Depending on the investment asset, the strategy's order mechanism and profit calculation currency will differ:
·Invest USDT Asset: Each trade buys first then sells, profits calculated in USDT. Recommended when the market is oscillating upwards.
·Invest BTC Asset: Each trade sells first then buys, profits calculated in BTC. Recommended when the market is oscillating 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%, when the floating profit/loss rate reaches -10%, stop-loss is triggered.
Trailing Stop-Loss (Optional)
Trailing stop-loss tracks the maximum drawdown of the strategy's floating profit/loss. The trailing stop-loss uses the stop-loss condition as the tracking target. When the maximum drawdown rate reaches this percentage, stop-loss is triggered.
Example
If the trailing stop-loss target is 10%, 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%, stop-loss is triggered.
Highest Protective Limit Price (Optional)
If the current mid-market price is higher than the highest limit price, opening orders will be paused until the mid-market price returns within the range.
Lowest Protective Limit Price (Optional)
If the current mid-market price is lower than the lowest limit price, opening orders will be paused until the mid-market price returns within the range.