Grid Bots
Grid Bot entities are designed to automate trading strategies by executing a series of buy and sell orders within predefined price ranges. They allow users to take advantage of market fluctuations while minimizing manual intervention.
Quentrade provides a comprehensive suite of REST API endpoints to create new Grid Bots, configure geometric or arithmetic grid lines, adjust order parameters, and monitor bot performance and events in real time.
How Grid Bots Work
Grid trading works by placing buy orders below the current market price and sell orders above it at set price intervals (grids). When a buy order is filled, a corresponding sell order is placed at the grid level above it to capture profit, capitalizing on price volatility within the configured range.
Information Held by Grid Bot Entities
Configuration Details
Trading pair, linked exchange account, strategy type (geometric or arithmetic), price boundaries, and grid line step settings.
Performance Metrics
Real-time metrics including current unrealized profit, cumulative realized profits, and total invested capital in base and quote assets.
Status & Risk Indicators
Indicators showing whether the bot is enabled, disabled, or if stop-loss thresholds have been reached.
Quentrade Grid Bot Capabilities
Automated Range Trading
Capture profit from sideways and oscillating markets 24/7 without predicting macro trend direction.
Flexible Grid Customization
Choose between Arithmetic (fixed dollar step) or Geometric (fixed percentage step) grid distributions.
Risk & Balance Verification
Dedicated endpoints to query required balances and calculate optimal capital allocation prior to launching.
Real-time Event Tracking
Monitor order executions, trigger events, balance adjustments, and market orders via dedicated audit endpoints.
Grid Bot Endpoints
Quentrade provides a complete set of REST endpoints to create, configure, toggle, inspect, and delete Grid Bots.
Create a new manual Grid Bot with custom price boundaries and grid levels.
Returns a paginated list of all configured Grid Bots for the authenticated account.
Enables an existing Grid Bot to resume active order placement and deal execution.
Disables an active Grid Bot and pauses order placement.
Sets or updates an internal reference note on a specific Grid Bot entity.
Updates settings, boundaries, or grid steps for an existing manual Grid Bot.
Retrieves comprehensive information, status, and grid configuration for a specific Grid Bot.
Calculates the base and quote balances required to activate the specified Grid Bot.
Retrieves historical audit events and operational logs for a Grid Bot.
Returns market orders and executions placed by the Grid Bot.
Permanently deletes the specified Grid Bot entity.