What is Grid Trading, and how does it work?
Grid Trading is a powerful strategy that takes advantage of market volatility. Instead of guessing if the price will go up or down, it sets multiple buy and sell orders at predefined price intervals.
How to set up UNIBOT:
- Set a Price Range: Decide the lowest and highest prices you want to trade within.
- Choose the Grid Spacing: This determines how far apart each buy/sell order is.
- Let the Bot Take Over: UNIBOT automatically executes buy orders when the price dips and sell orders when it rises.