Cover the extremes, capture the waves

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27.21M

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Long-term | Moderate

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What’s a grid sniper bot?

The grid sniper sets much wider upper and lower trading price limits to capture gains from extreme price fluctuations.

It trades infrequently, aiming to minimize trading fee costs while helping you capture the extreme ends of the market.

About this bot

A grid sniper bot extends the grid to cover extreme market prices, using historical volatility to set reasonable high and low points.

While it’s good for extreme trends, its wider range may lead to lower asset utilization, so it’s best paired with other grid strategies.

Case study
Start

Imagine you’re Ken. Ken wanted to find a strategy to handle Bitcoin’s unpredictable price swings, so he set up a grid sniper bot.

On March 9, 2024, when BTC was 69,000 USDT, Ken activated the bot with 10,000 USDT in BTC/USDT. Instead of frequent trades, the grid sniper patiently waited for significant price changes.

Market movements

By March 13, BTC had climbed to 73,000 USDT, triggering the bot to sell portions of Ken’s BTC for USDT, locking in profits at those high points.

Then, on March 16, when BTC dropped to 65,000 USDT, the bot automatically rebought BTC at a lower price, continuing the cycle of earning from the price differences.

Payoff

After six months, on September 9, 2024, BTC dropped to 55,336 USDT.

While the market seemed grim for regular traders, Ken’s grid sniper had been quietly working through these fluctuations. His total assets had grown to 10,979 USDT, a profit of 9.79%. Had he held onto his BTC without using the bot, he would have seen a 19.8% loss.

Bot setup

Zero profit sharing

Zero management fees

1.Each bot already has default settings. Simply enter how much you want to trade to create your bot.
2.These settings are either sourced from carefully-selected traders or generated by AI using backtested data. Note that this does not constitute any investment advice, and profits and losses are your own responsibility.
3.You can edit the settings to match your own trading strategy.
4.You can learn more about bot runtimes and risk ratings in our .

FAQ

Are there extra charges when using this bot?

This bot doesn’t charge profit share like copy trading, and doesn’t charge any management fees. However, for ordinary transactions that occur when buying low and selling high, the platform will charge transaction fees, and the specific rate is consistent with manual trading.

Will I always get high returns?

The historical performance of a bot is not a guarantee of future returns. Future returns from this bot may be higher or lower than historical backtested results, as market conditions and other factors affect actual performance.

Where can I view the bot’s settings?

You can view the bot’s settings in the order chart of each bot, and also under “Bot details” when creating a bot. If any of the settings don’t align with your strategy or risk tolerance, you can manually edit them.

What are the advantages of grid sniper bots?

1.Captures extreme fluctuations: The grid sniper bot sets orders over a wide price range, making it suitable for highly volatile markets.
2.High flexibility: It can adapt to any market condition, handling both a bull market’s upward trend and a bear market’s downward trend.
3.Risk diversification: The wide price range helps to diversify risks across different market conditions.

What are the risks of grid sniper bots?

Inefficient use of assets: If the market is stable, extreme price orders may not be executed for a long time.