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  • Company
    • About Electra
    • Roadmap
    • Tokenomics
    • Token Utility
  • Terminal
  • Electra Terminal Guide
    • 1.1 Connecting your EVM wallet
    • 1.2 BNB/ETH Gas Fees
    • 1.3 Deposits and Withdrawals
    • 1.4 1-Click Trading
    • 1.5 Notifications
    • 1.6 Electra Security & Audit Report
    • 1.7 Airdrop Checker FAQ
    • 1.8 Grid Bot
  • Electra Trading School
    • 2.1 What Are Perpetual Futures?
    • 2.2 Competitive Advantages of Electra for Perpetual Futures Trading
    • 2.3 Trading Fees on Electra
    • 2.4 Overview of Primary Order Types on Electra
    • 2.5 Futures Liquidation Protocols on Electra: Formula and Process
    • 2.6 How to Reduce the Risk of Liquidation on Electra
    • 2.7 Automatic Negative Balance Reset on Electra
    • 2.8 How to Adjust Leverage on Electra
    • 2.9 What Is Slippage?
    • 2.10 How to Use the Order History Feature on Electra
    • 2.11 Order Errors on Electra: Causes and Solutions
    • 2.12 Referral Program
  • Electra Tournaments
    • SQUAD Games Season 2
      • General Rules
      • How to Participate
      • Squad Formation
      • Squad Referral Links
      • Tournament Prizes
      • FAQs
    • SQUAD Games Season 1
      • Tournament Prizes
      • Tournament Schedule
    • PnL Challenge
  • Electra Liquidity Provider Pool
    • Introduction to ELPP
    • How ELPP Works
    • ELPP Tokens
    • Withdrawal System
      • Token Transfer Restrictions
      • Withdrawal Execution
    • Collateralization
    • APY Calculation
    • Risks and Considerations
    • FAQ
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On this page
  • When to Use a Grid Bot
  • Features Overview
  • Creating Your Grid Bot
  • Monitoring Your Active Bot
  • Frequently Asked Questions
  1. Electra Terminal Guide

1.8 Grid Bot

The Grid Bot automates trading to capitalize on price fluctuations within a defined range. It systematically places buy and sell orders at specific intervals, capturing profits as the market moves.


When to Use a Grid Bot

The Grid Bot is particularly effective in sideways or range-bound markets. It continuously buys at lower price points and sells at higher ones, making consistent profits from market fluctuations within your specified range.


Features Overview

Feature
Description

Leverage

Cross / x10

Grid Count

2–30 (Arithmetic grids only)

Editable Post Launch

No

Termination

Anytime

Order Visibility

Only within Grid Bot panel


Creating Your Grid Bot

1. Select Leverage & Trading Mode

  • Leverage: Cross margin, shared with manual trades

  • Modes available: Neutral, Long, Short

If you currently have a manual x10 position, the bot will automatically adopt this leverage.


2. Set Price Range & Grid Number

  • Define your Lower Price and Upper Price limits.

  • Select grid count (between 2 and 30).

  • Grid spacing is Arithmetic (equal intervals).


3. Allocate Your Investment

  • Set your total investment amount using the slider or numeric input.

  • Real-time account overview includes:

    • Equity

    • Reserves

    • Margin Level

    • Effective Leverage


Monitoring Your Active Bot

Once active, you'll see:

  • Investment amount

  • Configured price range

  • Number of grids

  • Live PnL tracking

  • A quick termination option

You can terminate your Grid Bot at any time to close all orders and secure profits or minimize losses.


Frequently Asked Questions

Q: Can I use the bot with an existing x10 manual position? A: Yes, it automatically shares leverage.

Q: What is the maximum number of grids? A: From 2 to 30 grids.

Q: Can I track bot orders in the Open Orders tab? A: No. Bot orders are managed exclusively within the bot panel.

Q: Is the bot leverage separate from manual positions? A: No, leverage is shared across positions.

Q: Can I edit settings after launching the bot? A: No, editing is unavailable post-launch—only termination is allowed.


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Last updated 7 days ago