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The Grid Popcat bot performs best in markets with no clear trend or direction. It automatically places a grid of equally spaced limit Buy and Sell orders within a custom price range. Once a Buy order is triggered, the bot places a Sell order at the next higher grid level and reversal. The bot will continue operating and placing orders until you manually stop it or set a predefined profit limit.
The Popcat grid bot has three main modes: Long, Short, and Neutral. In Long mode, it places buy orders at all grid levels and, when triggered, sets a sell take-profit order at the level above. Conversely, Short mode operates in the opposite manner, constantly placing sell orders and setting buy take-profit orders at the level below. Meanwhile, Neutral mode combines features of both trading modes, placing sell orders at higher levels and buy orders at lower levels relative to the current price.