FlashCrash (Grid) Bot¶
About¶
The flash crash bot has been one of Haasbots its most high valued bots ever. It works by creating a buying and selling grid and then the waiting game begins. The longer you wait, the higher the profits become. This bot performs at its best at sideways markets which are moving a lot. Its weakness is located when markets suddenly become heavily trending.
This bot only works on spot markets and can not be applied to leverage/margin markets.
Performance¶
The performance of this bot depends on the price movements - in general this bot is highly profitable.
Script Settings¶
Base price¶
The base price is a value which needs to be equal to the current price.
Price spread¶
The price spread controls how much price difference there needs to be between the orders (recommended to use at least 0.6%)
Order size¶
The order size controls the amount of each order.
No of Buy orders¶
The number of buy orders controls how many buy orders will be created in the grid (typically 3, 5, 10, or 20)
No of Sell orders¶
The number of sell orders controls how many sell orders will be created in the grid (typically 3, 5, 10, or 20)