Increasing investment in active GRID bots
The "Add Funds" feature allows you to increase your GRID bot’s investment without adding new levels or restarting the bot. This enables you to adjust your strategy while keeping the bot’s current statistics intact. Here's how to use this feature and understand its effects.
In this guide, you’ll find:
- Key Information
- How to Increase Your Bot Investment
- Effects on Bot and Trading
- Considerations Before Increasing Investment
- Handling Canceled Orders
- Impact on Other Bots
Key Information:
- Available for GRID and BTD bots in Active status.
- The feature allows for investment adjustments without interrupting trading.
How to Increase Your Bot Investment:
- Select Your Bot: Click the plus icon next to the "Current value" column, or choose [Add Funds] from the [Bot Actions] menu.
-
Edit Investment Details: A modal window will appear, allowing you to adjust:
- Amount: Specify the amount to add in absolute or percentage terms.
- Available for investment: Shows your available balance.
- Current investment: Displays the current investment.
- New investment: The projected investment after the addition.
- Confirm: Click [Confirm] to proceed. The system will cancel open orders, recalculate sizes, and place new ones based on the updated settings.
Effects on Bot and Trading:
- Investment Changes: Increasing investment alters both the bot's total investment and its available funds.
- Metrics Impact: Percent-based metrics (like profit and daily average) will be recalculated based on the new total investment.
- Grid Settings: Your grid settings (steps, levels, price ranges) remain unchanged, but the average order size increases.
Note: Super Sell orders via the Trailing Down feature remain unaffected.
Considerations Before Increasing Investment:
- Balance Requirements: Ensure you have the required base/quote currency for GRID bots or base currency for BTD bots.
- Available Funds: If your balance is insufficient, the system will prompt you to add the minimum necessary amount.
- Market Fluctuations: Large market fluctuations can impact the funds required for your bot, potentially affecting your grid and order placements.
Handling Canceled Orders:
In case of canceled orders due to exchange issues or manual intervention, the funds from canceled orders will be released back to your balance. These orders will be recreated with a new volume after increasing investment.
Impact on Other Bots:
- Suspended Trailing: When adding funds, trailing for all active GRID bots is paused to prevent balance interference.
- Restrictions on Modifications: You cannot modify or stop other GRID bots using the same currency while adjusting the investment of your current bot.
Need Assistance?
If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.