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The Tesla Grid bot is built for sideways markets, helping traders profit from repeated price movements between support and resistance levels. It automatically places a sequence of buy and sell orders at fixed intervals within a selected range. Each time an order is executed, the bot places an opposite one to capture the next price move and lock in profits.
The bot features three modes: Short, Long, and Neutral. Short mode is suited for bearish conditions, starting with a short position and placing buy orders below as take-profit levels while using sell orders above for averaging. Long mode works in reverse, opening with a long position and using sell orders as multiple take profits. Neutral mode combines both strategies by placing sell orders above and buy orders below the current market price to capture movements in either direction.