Gate Bots has added an important new feature: Spot Grid now has included a new function in advanced settings, that is Trailing Grid, which allows the bot to automatically move the price range up or down to adapt to market changes.
Explanation of Trailing Grid
After running the grid, if the price breaks through the grid range, the bot will activate the grid's "Trailing Function". This means that as the average price increases, both the upper and lower limits of the grid range will automatically move upwards, effectively avoiding missed opportunities in a rising market or being trapped in a downtrend.
Features of the Trailing Grid
First, the movement of the grid range's highest and lowest prices is consistent. For example, if the highest price of the grid moves up by 10%, the lowest price will also move up by 10%.
Second, after the grid moves, the number of grids remains unchanged.
Third, since the number of grids does not change when the grid moves, the profit rate per grid remains the same, which can be calculated according to the current formula.
Trigger Conditions for the Trailing Grid
When the bots open a position (or adjusts the price range), it will automatically adjust the price range upwards or downwards whenever the latest price is outside the grid range and the percentage change of the 720-minute moving average reaches the set ratio. An upward change in the 720-minute moving average will trigger an upward adjustment of the grid, while a downward change will trigger a downward adjustment.
How to Activate the Traling Grid?
Bots Homepage - Spot Grid - Click "Bots" - Grid Bots - Spot Grid - Customize - Advanced Settings - Fill in the parameters for the Trailing Grid
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