2. Grids of orders. Setting up and creating Order Grids in the Finandy terminal interface.

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  • Опубликовано: 8 сен 2024
  • 🔥 Finandy exchange and terminal for Binance:
    finandy.com/en...
    📁 Section:
    Manual trading
    📖 Documentation:
    docs.finandy.c...
    To create an order grid on Finandy Exchange, open the chart of a currency pair, for example, Ethereum to dolar.
    Next, select 'New Long' for buying or 'New Short' for selling, based on your strategy.
    Set the switch to the "G" position.
    Then enter the volume that will be distributed among all orders, for example, 500 dollars.
    Specify the number of orders, for example, 10.
    A preview of the orders to be created will be displayed on the chart, where you can adjust the grid's start and end through drag-and-drop or by directly entering values in the right panel.
    The following parameters are available for advanced strategy configuration:
    Volume Multiplier
    This parameter is responsible for calculating the volume of each order in the grid.
    By default, it is set to one, which means an equal distribution of volume among the orders.
    For example, if you want each subsequent order to be twice the size of the previous one, you need to specify 2. If you want it to be half the size, you should specify 0.5.
    By adjusting this parameter, you can see on the chart how the volume distribution among all orders in the grid changes.
    The next parameter is Density.
    This parameter determines price calculation for each order in the grid.
    By default, it is set to one, which means an even distribution of orders.
    If option value is greater than one, the orders will be concentrated closer to the end of the grid. If it is less than one, they will be closer to the beginning.
    By adjusting this parameter, you can see how the price of orders in the grid changes on the chart.
    In the same row, you can find an option to change the Density parameter to Step in percentages.
    Let's take a closer look at the meaning of this option
    This parameter also determines the calculation of order prices, which distributes them in the grid at an equal distance from each other, equal to the specified step in percentages
    And the final parameter is Auto Level Update, which is disabled by default.
    If you specify an Interval, at the close of each candle of the specified timeframe, the distance from the closing price or the high of the candle to the price of the first order in the grid will be checked.
    If this distance exceeds the specified value, the system will readjust all orders closer to the trend.
    To confirm the creation of a new order grid, simply click on the 'Create Grid' button.
    After the successful execution of the operation, you will receive a notification in the bottom right corner of the screen, and a new position with orders will appear below the chart
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