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Neutral Futures Grid bot.

Binance

Cryptocoins Exchanges / Binance 173 Views

Whats up everyone I hope the buying and selling is doing you all nicely.

I've a number of questions relating to the "technique buying and selling" on Binance, particularly a neutral futures grid. For some purpose, there's very little info on it.

  1. If I open a Impartial place does it use my entry worth as a "deciding" point? In different words. If the worth goes above the entry worth it goes long and if the worth goes under the entry worth it goes brief?

  2. It provides a warning that if I'm going above x20 leverage it'd close/liquidate my bot instantly. What's up with that? Particularly with low volatility.

  3. It says that it opens no positions. So how will I get liquidated?

  4. If there's excessive leverage and the take revenue of every grid line is let's say Zero.20% - Zero.40% will it open long/brief after which if the worth rises/drops Zero.20%-0.40% take revenue? As a result of that may occur pretty shortly.

  5. Why can't you make a cease loss or take revenue inside the higher and lower limit? Typically evaluation may give you a very optimistic goal but because of the randomness out there costs might not attain the higher or lower restrict which would make it handy to vary take revenue or set stop loss inside the bounds to keep away from having to continually verify every individual "bot".

  6. I realised the grid bot solely makes it more convenient and opens orders in the futures section and doesn't behave independently like other bots. How does the liquidation work in Impartial if each order has its own liquidation worth? Because if the technique is about to Β±50 grids it will open 50 orders prematurely at the futures section.

  7. I read in other threads that these bots may deliberately misbehave to "scam" individuals. How correct are these claims from your experiences? I feel that if this is true many individuals ought to have observed this? I need to know from YOUR expertise and never the technical aspect, rules or insurance policies and so forth. aspect of issues.

  8. Is a Neutral position value it or is a basic lengthy/brief higher?

If I'd advocate a setting: Choice to regulate the overall stop lack of every long or brief it opens? It's no use if it buys at a peak and then keeps the position open while the worth goes to a liquidation degree.

submitted by /u/ironjj20
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