DYNAMIC GRID TRADING BOT AND SCALPER BOT
What is the trading logic of the Dynamic Grid Bot
The purpose of this bot is to mimic traders who buy on pull backs and buy dips on sideways markets. The bot can be used to accumulate a position over time by buying at the lower price possible. Or it can be used to make small profits on sideways and up trending coins.
How does the Dynamic Grid Bot Places the Orders.
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Open a chart in the Muunship Trading Application
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Add Box Trading Indicator
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Select the 5 minute Frame
This will create two lines. A support line and resistance line. Change colors and thinkness accordingly
If you are using Dynamic Grid Bot as a Short Bot on Binance Futures, it will sell 3 levels above the resistance levels.
Adjust your Take Profits accordingly based on the coins movements. Below are examples off the Dynamic Grid Bots as a long bot
Muunship Shared image
Muunship Shared image
Muunship Shared image
Muunship Shared image
Muunship Shared image
Muunship Shared image
Muunship Shared image
Munship shared image
SCALPER BOT
What is the trading logic of the Scalper Trading Bot
The purpose of this bot is to mimic traders who buy on small break out of uptrends. The bot can be used to accumulate a position over time by buying at higher highs. Or it can be used to make small profits on sideways and up trending coins.
How does the Scalper Bot Places the Orders.
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Open a chart in the Muunship Trading Application
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Add Box Trading Indicator
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Select the 5 minute Frame
This will create two lines. A support line and resistance line. Change colors and thickness accordingly.
If you are using Scalper Bot as a Long Bot, it will buy at the break-out of the previous resistance.
If you are using Scalper Bot as a Short Bot on Binance Futures, it will sell at the break-down of the previous support.
Adjust your Take Profits accordingly based on the coins movements. Below are examples off the Dynamic Grid Bots as a long bot.
Buying Breakouts using the Muunship Trading Bots and the Scanner