Grid Bot Setup
Step-by-step guide to creating and launching a grid trading bot.
This guide walks you through creating and launching a grid trading bot on a connected exchange.
Prerequisites
- A connected exchange account (Bybit or Binance) with API keys configured
- Sufficient balance in your exchange account for the grid investment
Step 1: Open the Grid Creator
From the sidebar, navigate to Grid Trading → Create Bot. The visual grid creator opens with a candlestick chart.
Step 2: Select a Trading Pair
- Use the market sidebar to search for a symbol (e.g., "ETHUSDT")
- The candlestick chart updates to show the selected pair
- Review the current price, 24h volume, and funding rate
Step 3: Set the Grid Range
- Lower Price — Drag the lower line on the chart or enter a value. This is the bottom of your grid.
- Upper Price — Drag the upper line or enter a value. This is the top of your grid.
- The range should encompass where you expect the price to trade
💡 Use the AI Grid Scanner to get recommendations for optimal grid ranges based on recent price action and volatility.
Step 4: Configure Grid Parameters
Grid Mode
- Long — Choose if you expect the price to trend upward
- Short — Choose if you expect the price to trend downward
- Neutral — Choose for sideways markets (most common)
Number of Grid Lines
More grid lines = more frequent trades with smaller profits per trade. Fewer lines = less frequent trades with larger profits.
- 5-10 lines: Fewer trades, larger profit per grid
- 20-50 lines: More trades, smaller profit per grid
- 50-100+: High-frequency grid, requires higher investment
Spacing Type
- Arithmetic — Equal dollar distance between levels. Good when the range is small relative to the price.
- Geometric — Equal percentage distance between levels. Better for wider ranges and volatile assets.
DCA Sizing
- Uniform — Same order size at every level
- Weighted — Larger orders at more favorable prices (more at the bottom for long mode, more at the top for short mode)
Step 5: Set Risk Management
- Stop Loss — Price at which the bot automatically closes to limit losses
- Take Profit — Price at which the bot closes to lock in gains
- Trailing Stop (optional) — Stop loss that moves with the price to protect profits
Step 6: Set Investment Amount
- Enter the total amount you want to invest in the grid
- The system calculates order sizes per grid level
- Review the estimated profit per grid and number of trades
Step 7: Advanced Settings (Optional)
- Leverage — Set leverage from 1x to 125x (derivatives only)
- Autocompound — Enable to reinvest profits back into the grid automatically
Step 8: Review and Launch
- Review all parameters in the summary panel
- Check:
- Grid range and number of levels
- Order sizes and total investment
- Risk management settings
- Estimated profit per grid cycle
- Click Launch Bot
- The bot immediately places initial orders on the exchange
Managing Your Bot
After launching:
- Monitor the bot from Grid Trading → My Bots
- View real-time P&L, filled orders, and grid visualization
- Pause/resume the bot without closing positions
- Stop the bot to close all positions and withdraw
Tips for Success
- Start with a wider range in volatile markets
- Use geometric spacing for assets with large price swings
- Set stop losses to protect against unexpected moves
- Monitor funding rates if trading perpetual contracts with leverage