How do I manually set up futures grid trading bot?

1. To enter your own futures grid parameters, simply select Long, Short or Neutral. The description of the parameters are as below:
   Long: this strategy involves buying futures contracts with the expectation that the price of the underlying asset will increase. Traders using a long grid strategy profit from rising prices.
   Short: this strategy involves selling futures contracts with the expectation that the price of the underlying asset will decrease. Traders using a short grid strategy profit from falling prices.
   Neutral: this strategy involves a balanced approach, where the trader doesn't have a strong directional bias on the price movement of the underlying asset. The neutral grid strategy aims to profit from market volatility and price fluctuations within a range, rather than a specific price direction.

2. Next, enter the grid’s upper and lower price bound, and the total number of grids

3. Then, select Arithmetic or Geometric to determine exactly how the grid lines are spaced

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   Several details need to be configured to set up the futures trading bot
   
   Arithmetic mode will space grid lines at equal price intervals. For example, if you’re trading

   BTC
   with an upper price of 35,000 USDT and a lower price of 25,000 USDT, and 10 grids, each grid line will be 1,000 USDT apart. Geometric mode uses a fixed percentage to determine grid placement. This results in widening grids further out from the starting price. You can also add leverage to your trades to increase your position size relative to the margin used, by following the next 3 steps.

4. When you’ve entered the futures grid bot parameters, select Create

5. On the next screen, check the order details and add a price at which to stop loss or take profit

6. Select Confirm to place your order

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   Proceed once you have checked all details

What's the Edit Parameters feature and why should I use it?

Edit Parameters feature is designed to give users greater flexibility and control. By using it, it allows you to:

• Adjust your grid bot setting, such as the upper and lower range, or the grid quantity, on-the-fly — without having to close and reopen new bots.

• Better respond to changing market conditions and maintain a consistent investment strategy.

This new feature also helps key influencers ensure that any changes they make to their bots are seamlessly replicated across their followers’ bots.

What are the changes included with the Edit Parameters feature?

• Users can now edit the Grid Range and Grid Quantity directly within the bot.

• Trailing Up/Down will be automatically turned off after editing and can't be adjusted separately.

• Advanced Start/Stop conditions will remain unchanged and can't be edited.

• If both base and quote assets are insufficient, users will be prompted to top up quote assets to meet the minimum investment required. Topping up base assets isn't permitted.

• Profit and Loss (PNL) will be reinvested by default after any edits.

• The marketplace workflow isn't included in this phase, so edits by lead traders won’t be broadcasted to subscribers.

• Edits can be performed in all running states, except for STOP_DELAY_TRIGGER.

This new feature is designed to help you maximize your trading strategy with more flexibility and ease, ensuring that your bots remain aligned with your evolving goals.

How do I use the Edit Parameters feature?

1. Select the Trade option, and once the dropdown menu is loaded, select the Trading bots option

2. Select History to load the list of bots on the My bots page

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   Access your list of trading bots by entering the History option

3. Once in, narrow down your bots to the Futures grid by selecting the All bots > Futures grid filter

4. Select the Edit option within the area of your preferred Futures grid bot

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   Enter the Edit option to prompt a selection of adjustment features

5. Once a dropdown menu is loaded, select Edit Parameters

6. Fill up the details according to your preference

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   Type in your preferred parameters

7. Confirm your parameters by selecting the Confirm option

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   Successfully modify your parameters by confirming the details one last time