Intended use
Intended when price moves back and forth inside a range. A one-way decline increases base inventory.
Spot grid
A bid and ask grid is placed inside a set range to capture the range spread.
Usage
Execution
Enter the range, grid count, and size per grid. A fill at one grid buys. A move back to the grid above sells. Contracts are not traded.
Before creation
The preview shows inventory if the lower edge fills, capital used, the unrealized loss versus holding quote, and the round-trip fee. No liquidation price is provided.
After it is running
New bids are rejected after the drawdown cap is reached. Pause stops new entries only. Inventory remains at the exchange.
Allocated funds can be lost in full.
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