- 📥 Download and install the terminal from the following link: Download ErienceX DEX Terminal v1.0.7
- 🔑 Enter your Secret Phrase in the Top Right section of Terminal Window.
- 📊 Place Limit/Market Buy and Sell Orders using the right-side order box.
⚡ Step 1: From and To Price 🔹 What to do: Set the price range in which you want the Grid Bot to operate. 🔹 Example: For Bitcoin, if you set the start price to $60,000 and the stop price to $90,000, the bot will only make trades while Bitcoin’s price is between $60K and $90K.
💰 Step 2: Investment Amount 🔹 What to do: Decide how much money you want the bot to use for trading. 🔹 Example: If you enter $10,000, the bot will use that entire amount of your USDC balance for trades. If you don’t have $10,000 in your account, the bot will use leverage (borrowed funds) to reach the amount needed.
📈 Step 3: Number of Grids 🔹 What to do: Set how many trading levels (or grids) you want the bot to work with. 🔹 Example: If you set 100 grids, the bot will divide your $10,000 investment into 100 smaller amounts, so each grid gets around $100 to trade with.
📉 Step 4: Slippage 🔹 What to do: Set how much the price can move before the bot buys or sells. 🔹 Example: If your bot is set to enter a trade at $60,200 and you set a 0.05% slippage, the bot will allow for a small price range from $60,169.10 to $60,230.10. The bot will buy when the price hits anywhere in this range.
🎯 Step 5: Take Profit Percentage 🔹 What to do: Decide how much profit you want to make before the bot closes a trade. 🔹 Example: If your entry price was $60,169.10 and you set a 0.20% take profit, the bot will sell the grid when the price reaches $60,289.44.
🔗 Step 1: Enter URL 🔹 What to do: Paste the URL of the wallet or trading account you want to copy trades from. 🔹 Example: If the source URL is dydxboard.com, copy and paste it here.
📊 Step 2: Select Market Sides 🔹 What to do: Decide which types of trades you want to copy:
- 📈 Long: Only copy long positions (buying with the expectation of price increase).
- 📉 Short: Only copy short positions (selling with the expectation of price decrease).
- 🔄 Both: Copy both long and short trades.
🏛 Step 3: Select Markets 🔹 What to do: Choose which markets to copy trades for:
- 📍 All Markets: Copy trades from all available markets.
- 🔎 Specific Markets: Select individual markets (e.g., BTC, ETH, SOL).
📏 Step 4: Set Trade Percentage 🔹 What to do: Define the percentage of the original trade value you want to replicate. 🔹 Example 1: If the original trade is $100 and you enter 100%, your trade will also be $100. 🔹 Example 2: If the original trade is $100 and you enter 10%, your trade will be $10.