01.
The Forex Grid bot is designed for markets with no clear direction, allowing traders to profit from continual price movements between support and resistance levels. It automatically places multiple buy and sell orders at fixed intervals within a selected price range. When one order is executed, the bot instantly places an opposite order to capture profit from the next market movement.
The Forex futures bot supports three operating modes: Short, Long, and Neutral. Short Grid works best in a bearish market – it opens an initial short position, sets buy orders below the price as take-profit targets, and places sell orders above to average the position, while Long Grid does exactly the opposite. Neutral mode blends both strategies by placing sell orders above the current market price and buy orders below it, allowing the bot to benefit from price movements in either direction.