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If the price moves out of the grid, the bot status changes to ‘range’ and waits indefinitely for the price to enter back in. 

You have four possible choices:

  1. You can wait for the price to enter the grid again and do nothing else.
  2. You can cancel the bot and use the funds for something else.
  3. You can edit the bot configuration and cover a broader range.
  4. You can create another bot that covers an additional price range.

A note for users trading on Futures: if the price moves above the upper grid level, you will have an active short position on the exchange. Likewise, if the price moves under the lower grid level, you will have an active long position on the exchange. We strongly suggest you monitor these positions closely and close them if necessary to avoid account liquidation.

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Gainium is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.