When Should You Close A Grid Bot
Knowing when to start one is important, but so is knowing when it's to close. It's all about optimizing your bot to keep making profits and reduce losses or recover from them!
When To Close a Crypto Grid Bot Out Of Range (High Price) If you have big gains and think the price might drop, consider closing your bot and locking in the profits. Sometimes it’s very noticeable when there's a pump or a very big move upwards in a short period of time. As in our strategy we set it up to catch at least 20% of the price increase… You can consider that value as a starting point.
Out Of Range (Low Price) If the price goes below the grid, you will want to wait some time before canceling.