Dogwifhat
trading bot

The Grid Dogwifhat bot enables you to profit from ranging markets when the price bounces between support and resistance levels. It continuously places buy and sell orders at multiple equally distant grid levels within a specified price range. When any of these orders are triggered, the bot automatically sets a Take Profit order at another grid level.

The Grid $WIF crypto bot by GoodCrypto has three main modes: long, neutral, and short. In long mode, the bot places Buy limit orders and sets the Sell order as a Take Profit. Conversely in short mode, the bot does exactly the opposite. Neutral bot combines both strategies, placing sell orders above and Buy orders below the current market price.

The DCA strategy is a favorite among beginner traders for its simplicity in both understanding and execution. When the market moves against you, the DCA Dogwifhat bot automatically averages down your entry price while simultaneously adjusting the Take Profit order. This allows you to exit the market with a profit once the price retraces in the desired direction. The bot operates in two modes: placing averaging Buy orders during the Long mode and Sell orders during the Short mode. Additionally, you can configure TradingView webhooks or utilize GoodCrypto’s in-app alerts to enable the bot to automatically enter the market once it receives buy or sell signals.

The Dogwif hat Infinity trailing bot is your ideal friend in volatile markets, helping you catch and profit from market reversals. It automatically trades using advanced trailing stop orders, allowing you to enter positions at market dips and exit when the price moves against you. Simply set up a trailing distance for your Dogwifhat bot and let it handle all the routine work for you. You can also attach a PnL drawdown limit to turn off the bot once it reaches a specific profit or loss level, acting as a Stop Loss for the Infinity Trailing bot.