Gunbot Market Makers Strategy “GRID BOTS”
Grid bots is the strategy developed by Gunthar De Niro specifically for Binance Futures and is customized to be used with the Market Makers bot.
The GRID bots strategy is intended to never stop trading because it follows the price lines and posts various buys orders and various sell orders at different levels.
The difference between the buy and the sell positions price determines Your Profit.
Binance partnership with Gunbot allows us to make even more gains with gridbots since we can benefit from Fees Rebates.
The Grid-bot strategy is configured and ready for you to Just Add Your Binance Exchange Keys.
The following Parameters are the Suggested Default and Tested Settings for the “grid bots strategy”
To be on the safe side the Fees are already set for You at “TRADING_FEES”: 0.04 according to Binance Futures Taker Fees
CANCEL_ORDERS_ENABLED”: false, is also pre-set in bot section as per gridbots logic.
Stop Limit is set a 3 and You need to make sure You set Leverage x1 at the Exchange “Cross X1”
“GRID” true/false enables disables the GRID bot.
“GRID_SPREAD” are the levels up and down (in %) the buy and sell (LONG and SHORT) orders are posted at.
“GRID_SIDE” indicates the side of your GRID bot to enter when you start it.
“GRID_MAX” is the max contracts (expressed in quote coin for Binance futures) you want your position size.
The grid-bots strategy also accepts the “ROE trailing” Gunbot feature, you can add it to Pair “override” too with a Value of Your choice, this is optional if you want to trail Your Return On Equity.
GRID bots don’t follow CANCEL_ORDERS logic but they automatically cancel orders that are useless because unfilled and the price slide above/below spread or above/below Average Entry Price.
Please use the GRIDBOTS strategy as it is, at least until You understand and see what it does, if you want to experiment or change any of the default settings make sure you know what you’re doing.
Visit VIRALTrading To Learn More about the Gunbot Market Makers Strategy grid_bots
Take Advantage of the Gunbot Market Makers Grid Bots Strategy so You Can Profit.
Disclaimer: This config is meant for educational purposes. Use it at your discretion. Trading is always risky, just because this configuration has worked during tests does NOT mean it will keep working profitably in the future.
Risk Warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.