Create Scalping Strategy

Start with an appropriate "Strategy Name", and Number of Grids.

Remember, a higher number of grids in the strategy will use less initial capital but helps minimize risk during sudden market drops.

Allocated Amount (%)

You can allocate a percentage of the amount in each box based on how you want to place buy orders if the price goes down and meets the buy conditions. The total allocation must equal 100%.

Please refer to the screen above for an example.

Buy Condition (- %)

The buy condition will check the last purchase price, and based on the added percentage, it will trigger and inform the system to check for 2nd Buy Condition.

Buy 2nd Condition (+ %)

Set the 2nd condition to protect your funds from a sudden price drop.

Once the 1st condition is met, the system will continuously check for the 2nd condition. When the 2nd condition is met, the system will trigger a purchase order.

Remember, the 2nd condition is designed for a positive trend. The 1st condition triggers when the price goes down, while the 2nd condition triggers when the price goes up by the specified percentage.

Take Profit Condition

Based on the set percentage, the system will track the average purchase price and initiate a sell when the profit condition is met, securing the profit.

NOTE:

You can access saved strategies under the "My Strategy" page, where you can edit or delete them. Editing and saving a strategy will not affect your running bot; changes will only apply to new bots.

IMPORTANT: The same strategies will work for both LONG and SHORT positions if you are using Futures trading. You can select whether to use the strategy for LONG or SHORT from the Start Bot page.