BOTANA
  • INFORMATION
    • What is BOTANA
    • Tokenomics
    • Roadmap
  • How To Use
    • Get Your RPC
    • Grid Strategy Robot
    • Volume Maker Robot
    • RSI Robot
    • MFI Robot
    • VWAP Robot
    • Liquidity Sniper
    • Copy Trader
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  1. How To Use

Grid Strategy Robot

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Last updated 4 months ago

A grid strategy is a trading approach where a series of buy and sell orders are placed at regular intervals (or "grid levels") above and below a set base price. As the market moves, these orders get executed, capturing small profits from the natural price fluctuations. This method doesn't require predicting market direction—it simply takes advantage of the market's ups and downs.

  • Access the Robot Interface:

    • Navigate to the "Robots" section in your dashboard.

    • Select the option to "Create Strategy" for the grid strategy robot.

  • Configure API Keys and Endpoints:

    • Load Your RPC Key: Ensure you load your personal RPC key to connect with the blockchain.

    • Load Your BirdEye API Key: This key is essential to query market indicators without delays.

    • Include API References:

      • Helius.dev Website: Reference the helius.dev website to facilitate faster transaction processing.

      • BirdEye Website: Ensure the BirdEye website is included for efficient indicator queries.

  • Set Up Trading Parameters:

    • Grid Size Configuration: Define the grid size for each trade within your strategy. This setting allows you to tailor the strategy for multiple configurations.

  • Finalize and Save Strategy:

    • Review all settings to ensure that your RPC, BirdEye API key, and trading parameters are correctly entered.

    • Save your strategy to activate the grid strategy robot with your custom configurations.

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