Smart Grid [Advanced] is a trading robot built on a grid trading strategy. It automatically makes trading decisions in the cryptocurrency market using several parameters that the trader can adjust. The main idea is to make profits from the price changes of cryptocurrencies using a grid of orders. These orders are adjusted based on various parameters, which affect the trade size, frequency of rebalancing, and overall profitability.Main ParameterssizeUsdDescription: This defines how much money in USD will be used for each trade.Default Value: 10Effect:Risk and Profit: Increasing this value raises both potential profit and potential loss. A larger trade size means that market changes will have a bigger impact on your money.Relation to Other Parameters: The size of the trade affects the overall risk of the strategy. For example, with a larger sizeUsd, it’s recommended to set more conservative values for basketProfit and rbPercent to manage risk better.isTradeAllowedDescription: This is a switch that allows or stops trading. If it’s set to false, the robot will not trade, even if other conditions are met.Default Value: falsecoinsDescription: A list of cryptocurrencies to trade, written as a string with symbols separated by commas.Default Value: 'BCH,XRP,EOS,TRX,XLM,XMR,DASH,ZEC,XTZ,ATOM,ONT,IOTA,BAT,VET,NEO,QTUM,IOST,THETA,ALGO,ZIL'rbPercentDescription: The percentage change in price that determines when the robot will buy or sell in the grid strategy.Default Value: 4Effect:Trade Frequency: A lower rbPercent makes the strategy more sensitive to small price movements, leading to more frequent trades and higher trading fees. A higher value reduces trade frequency but may also lower overall profits.Relation to rbSizeFactor: A high rbPercent can be balanced by using a higher rbSizeFactor to compensate for the less frequent trades.Relation to basketProfit: The higher the rbPercent, the longer it may take to reach the target profit (basketProfit), which can impact risk and liquidity.rbSizeFactorDescription: A factor that changes the size of the trade during rebalancing. A value of 1 means a balanced increase, while values greater or less than 1 mean more aggressive or conservative changes.Default Value: 1Effect:Trade Volume: Increasing rbSizeFactor makes the strategy more aggressive, raising trade volumes when rebalancing conditions are met. This can increase potential profit but also the risk.Relation to rbPercent: Higher rbPercent values can be balanced by increasing rbSizeFactor to maintain a certain trading pace and not miss large market movements.Relation to sizeUsd: When sizeUsd is large, increasing rbSizeFactor can significantly increase risk, so these parameters should be balanced.rbDynamicFactorDescription: A dynamic factor that adjusts the grid strategy parameters based on market conditions, adding flexibility to the robot's behavior.Default Value: 1.5Effect:Adaptation: It allows the robot to adapt to different market situations. For example, when market volatility is high, rbDynamicFactor can adjust other parameters like rbSizeFactor or rbPercent to make the strategy more conservative or aggressive.Relation to rbPercent and rbSizeFactor: Can be used to modify these parameters based on current market conditions. A higher rbDynamicFactor makes the strategy more flexible and responsive to market changes.basketProfitDescription: The profit percentage at which the robot will close the entire basket of assets.Default Value: 1%Effect:Profit Target: Determines when to lock in profits. A higher value increases expected profit but also raises the risk of holding positions for too long.Relation to sizeUsd: When sizeUsd is large, the profit target should be balanced to manage risks effectively. For example, increasing basketProfit might be reasonable with a smaller trade size.Relation to rbPercent: A high rbPercent may require a higher basketProfit to achieve profitability, as trades will happen less often.Key Relationships Between ParameterssizeUsd ↔ rbSizeFactor ↔ rbPercent: The size of the trade (sizeUsd) affects the overall risk. If sizeUsd increases, it's recommended to either lower rbSizeFactor (to be less aggressive) or increase rbPercent (to trade less frequently). Balancing these parameters helps manage risk.rbDynamicFactor ↔ rbPercent ↔ rbSizeFactor: The dynamic factor (rbDynamicFactor) changes the grid strategy's flexibility, affecting the rebalancing parameters (rbPercent and rbSizeFactor). Correctly adjusting rbDynamicFactor allows the strategy to adapt to current market conditions.basketProfit ↔ sizeUsd: For larger trade sizes (sizeUsd), it's usually better to set a lower basketProfit to lock in profits faster and reduce the risk of holding positions for too long.coins ↔ Other Parameters: Different cryptocurrencies have varying levels of volatility. Adjusting parameters like rbPercent, rbSizeFactor, and sizeUsd may be necessary depending on the selected coins to optimize the strategy for market conditions.In summary, successful use of the robot requires careful adjustment of these parameters based on market conditions, available capital, risk tolerance, and the trader's preferences.For instructions and detailed information, check out my section on the JT-Lab forum: Guide to Algorithmic Trading and Bots from a Crypto Insider
Coins:151
APY:695%
Min balance:$100
Max balance:$100,000