Introducing trailing down for 2024 GRID Bots

Trading using GRID Bots on 3Commas just became more powerful than ever in 2024. 

We’ve released a major update (explained below) that gives you more control over how your GRID Bot operates when prices are trending lower. 

These changes mean it’s now easier than ever to set up your GRID Bot without worrying about prices going beyond the lower limit. This will allow you to be even more ‘hands free’ with your GRID bot trading strategy, and should increase your odds of profit. 

You can now use trailing up and down in your GRID Bot trading

With trailing up already in place, you don’t need to worry about the price going beyond the upper limit. With the addition of trailing down, you can now prevent the price from going beyond the lower border of your bot.

When trailing down, the bot will be adding Buy levels using the quote currency from your balance until the Stop Trailing Down price is reached. In order to avoid hitting the exchange limit on maximum amount of orders, your uppermost Sell orders will be canceled and converted to virtual levels in our system.

Trailing Down feature is available for bots with order sizes in quote and base currency.

If you’ve been using a GRID bot already, these are the changes you’ll notice with this latest update — including many that go beyond the major new trailing down upgrade:

• You can see a blue widget of balances in the system currency.
• You can set Investment in the system currency.
• You can switch between the Geometric/Arithmetic mode.
• You can turn on a switch to activate Trailing up in Geometric mode.
• You can click on the "Back to default view" link in the expanded form to return to the initial compact form view.
• You can turn on a switch to activate Trailing down in Geometric/Arithmetic modes.
• You can change the trigger price for Stop trailing down, at which point Trailing down will be deactivated.
• You can switch to set Stop trailing down in a percentage deviation from the current price.
• You can see Trailing down order levels on the chart.
• You can move the Stop trailing down level on the chart.
• You can use a switch to toggle between the Step and Levels fields

Additional GRID bot updates:

• Investment is now entered in system currency equivalent such as USD, for both convenience and correctness.
• Order size currency selector is renamed to Geometric / Arithmetic and placed more conveniently, as we see that both options are popular.
• The Automatic mode was removed as it became obsolete due to numerous recent improvements such as backtest and pre-optimization. Now the launcher shows you a simplified view of the geometric bot which can be customized if needed.
• The launcher form is moved to the right so it is more comfortable to work with the chart.
• The ‘Pair’ column is removed from the active bots table as it duplicates the default bot name. This information is now available in bot details, while a chart can be opened via context menu.

More about trading with GRID bots

While average crypto HODL investors sometimes have to wait months — or even years — for the big price moves they hope will help them profit, 3Commas traders have tools to profit from relatively small market moves.

The GRID bot is one of the most powerful tools for doing so. GRID Bots aim to generate small, but frequent, profits by trading within a range (a grid) — whether the market’s going nowhere or pumping higher. 

Learn more about GRID Bots