There is a long-term strategy to take a fairly large drop range. In which I simulate a geometric grid by reducing the “order scale” to 0.95 and creating several grids covering a drop of up to 90%.I separate each DCA into 5% geometrically this results in 45 or more DCA orders in which I can only place 4 grid orders per DCA maximum since 45*4 = 180, if I place more grid orders for each DCA this exceeds the limit established by Gainium and the ideal in my case is that each grid is separated between 0.5 to 1% to taking advantage of periods of low volatility.
Will there be a possibility of increasing the maximum number of grid orders to apply this long-term strategy? Preferably double or more the current limit
Thanks
Even if the DCA levels are placed geometrically now, the minigrids themselves use an arithmetic spacing currently. I added a detailed description how to address that issue. Feel free to upvote it.
Regarding your request, why do you want your deal to execute so many orders? Can’t you have a similar effect with less?
With this formula that I apply, it even respects the separation of the minigrids quite well. That last SO (which has a 90% deviation) has 5% separation with the penultimate SO and its grids close to 1.25% as seen in the screenshot.
The formula for approximately respecting the geometric step for each SO is simple:
Order Step = 5%
(100 - OS (Order Step)) / 100 =
(100 - 5) / 100 = 0.95 Step Scale
Order Step = 2.5%
(100 - OS (Order Step)) / 100 =
(100 - 2.5) / 100 = 0.975 Step Scale
And the idea of having many deals for each SO is to increase negotiations when the price barely moves. In the case of using a deviation of almost 90%, the maximum I can place is a separation of 1.25% for each deal, and the ideal is that it moves between 0.5% and 1% separation, but Gainium’s limit of 200 deals does not allow me to increase more than that.
You cannot send that many orders for the same pair to the exchange, they won’t allow it. You have to enable smart orders and smart grids.
You are right, the way you say it allows you to create more grids per DCA, but the question would be when it reaches the last DCA levels, does the ‘combo bot’ continue without problems? Since in this case all the DCA orders and their grids were deployed or are the upper grids now turned off by the ‘smart grid’ until the price reaches higher levels?
With smart orders and grids only orders, that are close to the current price would stay open, I guess. Without that you would hit the exchanges’ maximum open orders per pair at some point.
The smart grids will continue until the end of the range, and if you want more coverage you can add more dca levels to the deal after it has started.