stepgridhybrid
This strategy borrows the grid logic from the stepgrid strategy and combines it with a trend monitor that constantly evaluates the market on 15m, 1h and 4h timeframes.
Besides offering a lot of options for customizations, stepgridhybrid has:
‘trading modes’ that control when to start and stop trading a pair
the ability to keep track of how much unsold buy volume remains below the current price
the ability to automatically skip grid steps, for example when price is dropping out of a recently traded range
the ability to place additional orders based on trend triggers, next to grid orders
the ability to be combined with manual trades on the same pair
Trading behavior
In it’s pure form, stepGridHybrid is basically like stepGrid with one difference: sell amounts are based on remaining buy volume below the current price. This means that it is possible to skip buy steps (either intentionally or by accident), as soon as trading resumes at a lower level it will not attempt to sell units bought at higher rates unless the overall break even price is reached.
The integrated trend module offers settings to influence trading behavior like:
when it’s allowed to open a new trade
place additional buy orders during a pump
skip buy steps when price action is negative
increase sell target and sell trailing range when price action is positive
When you run stepgridhybrid, this is the kind of trading behavior to expect:
Let’s break down what actually happens:
Most trades follow the exact same logic as the stepgrid strategy
Sell amounts are not static, each sell order sells the remaining volume bought at lower prices * ‘partial sell ratio’
When price was moving downwards rapidly, several buy steps were skipped with the goal to spend the funds later
When in no position, the bot will buy again when either the next buy or sell step is reached – as long as the current trading mode allows opening new trades at that time
Skipping steps
The marked zones in the screenshot above are intentionally skipped buy steps. There are different triggers for skipping steps, some of them are settings configurable, some are hardcoded.
Non grid orders
The marked zones in the screenshot above are examples of additional buy orders that were triggered by conditions detected in the trend module. Such orders do not move the then active grid targets.
Trading modes
Settings for trading modes mainly define when to start and stop grid trading. By default the strategy runs in an unrestricted mode, allowing it to open a new trade anytime.
By using one of the available trading modes, opening new trades is restricted by the entry and exit criteria of the selected mode. Meaning that as soon as all assets have been sold, a new trade can only be opened when the mode allows for it.
Modes are meant to be used one at a time, enabling multiple modes on a single pair can lead to unexpected behavior.
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Trading modes can be extremely restrictive. Sometimes there can be several weeks or more between two ‘entry signals’ detected on the same pair.
Manual trading range mode
Manually set a price range in which new trades are allowed. Optionally a stop limit price can be used.
TA mode
Starts trading when the entry conditions for one of a collection of TA fractals is detected, disallows opening new trades when one or more exit scenarios have been detected. Think of ‘fractals’ as an attempt to detect a variety of bullish reversal patterns.
This mode includes an optional stop loss trigger.
Volatility mode
Attempts to look for pairs that are currently in an uptrend on the 4h timeframe, and in the lower area of a volatility zone. Allows trading from near to the bottom to the top of an expected volatility range.
This mode includes a stop in profit mechanism that automatically gets activated near the top of the zone, as well as an optional stop loss trigger.
Pullback mode
When one of several pullback scenarios is detected on the 4h timeframe, new trades are allowed until 15 minutes after the scenario loses validity.
This mode automatically increases the invested amount for the first few trades.
Balance settings
Setting Description
Trading limit
The standard amount to invest per buy order.
On an USDT-BTC pair, a trading limit of 20 means that every buy order is for 20 USDT. Always make sure that trading limit is set higher than min volume to sell.
With this strategy some buy orders will use a different amount than specified as trading limit, the possible range is between 0.25x and 2x the standard amount.
Trading limit multiplier
Controls the invest per DCA trade
Can be used to increase or decrease the invested amount with each consecutive buy order. Examples with trading limit 100 USDT and max buy count 3:
1: each buy order is for 100 USDT
1.5: first buy 100, second buy 150, third buy 225
2: first buy 100, second buy 200, third buy 400′
Auto TL ratio
Change TL dynamically.
When enabled, the strategy will use a dynamic buy amount depending on if price is relatively high (lower amount) or relatively low (higher amount).
Amount ranges between 0.3x and 1x trading limit. If you use this, make sure to set a value for trading limit that is at least ~3.3x the minimum order size.
Auto Partial sell ratio
Change partial sell amount dynamically.
When enabled, the strategy sets partial sell ratio automatically. It will use a higher value when price is relatively low, and a lower value when price is relatively high.
What this means is that when prices are relatively high, partial sell orders will use less of the available balance at these rates, and aim to bring more sell volume to higher prices. When prices are relatively low, each partial sell order will sell almost the full amount of the previous buy order.
Partial sell ratio
Change partial sell amount dynamically.
The strategy is aware of how much volume was bought below the current price, and how much remains to be sold profitably. If a sell step is reached where nothing can be sold profitably, the step is skipped. When placing a sell order below the overall break even rate, the sell volume is defined by partial sell ratio.
If for example 200 units were bought at rates lower than the current price, a partial sell of 0.4 will lead to a partial sell order of 80 units.
Max buy count
Limits maximum trade size.
When max is reached, the strategy goes in sell mode only.
A value of 40 means that the total trade size may not exceed 40x the amount set as ‘trading limit’. When max is reached, the strategy goes in sell mode only.
Min volume to sell
To ignore tiny balances.
Set this to the minimum order size of the pair, to make the bot ignore small balances that cannot be sold.
TIP
Dynamic invest per order
In this strategy, the invest per buy order is not static.
The user setting for trading limit is the base amount for several multipliers in the strategy, deviations between 0.3x and 2x trading limit are possible.
Customize grid settings
Setting Description
Period
Sets the chart timeframe
Sets which candles are used to calculate auto step size and trailing range. A lower value increases trading frequency and risk.
This strategy additionally uses a hardcoded trend module that watches 15m, 1h and 4h timeframes.
Auto step size
Enables using automatic step size.
Lets the bot automatically determine a grid step size that fits the pairs current volatility, Based on Average True Range (ATR).
Step size
Sets a manual step size.
Manually defined grid step size for buy and sell orders, when auto step size is not enabled.
Normally set as a price: setting 500 on USDT-BTC makes the bot trade each time price moves 500 USDT.
When using Pct step size, the value represents a percentage: setting 2 will lead to having steps of 2% of current price.
Pct step size
Use a percentage based step size.
When enabled, the value for step size represents a percentage.
Enforce step size.
Predictable minimum distance between orders.
Used to ensure orders are not placed at a rate worse than step target.
Price trailing can sometimes finish at a rate worse than the current grid step up or down. With this option enabled, orders may only get fired when trailing finishes at a better rate than the current step target. This can be useful for very precise balance management.
Unit cost
Determines how the break even price is calculated.
When enabled, break even target represents the average price per unit of remaining units in balance.
When disabled, break even target represents the point at which the remaining units can be sold for the total trade sequence to break even.
Dynamic exit logic
Different targets for different market situations.
Use this to dynamically change the exit logic used for the strategy. In uptrends the target is unit cost, in any other market situation the break even price for the complete order sequence is used.
Disable unit cost to use this option.
Customize trailing settings
Setting Description
Pct trailing range
Use custom trailing range
By default trailing ranges are set automatically based on the current distance between support and resistance. With this option you can set a percentage as custom trailing range to be used for buy and sell trailing.
Custom trailing range
Set trailing range as percentage
When Pct trailing range is enabled, setting 0.5 will lead to having trailing ranges of 0.5% of current price.
Trend settings
Setting Description
Trend sync
Use custom trailing range
When enabled, new trades may only be opened when the trends on 4h and 1h are aligned and bullish. Does not apply to dca trades.
This can be very restrictive.
Trend basic
Enables dynamic strategy behavior based on price action
Uses the trend module to modify the following part of the strategy:
using an increased sell step and trailing range when the market seems good for it
placing immediate buy orders (regardless of hitting a step) when price action is very positive
using a higher partial sell ratio after an immediate buy
skipping certain buy steps when price action is very negative
This option will usually lead to more trading volume and makes it more complex to plan capital allocation.
Trend plus
Enables dynamic strategy behavior based on trend
Uses the trend module to modify the following part of the strategy:
placing immediate buy orders (regardless of hitting a step) when there seems to be a short term opportunity
using higher partial sell ratio after an immediate buy
This option will usually lead to more trading volume and makes it more complex to plan capital allocation.
Trend orders
Disable immediate orders
When disabled, immediate orders triggered by trend basic and/or trend plus are not allowed.
Trailing range multiplier
Control dynamic changes to trailing range
This multiplier is used when trend basic and/or trend plus are enabled, and the trend module detects a situation where increased targets make sense.
Setting trailing multiplier to 2, multiplies the trailing range by 2 in specific situations. This multiplier also applies to custom pct trailing ranges.
Trend orders
Disable immediate orders
When disabled, immediate orders triggered by trend basic and/or trend plus are not allowed.
Auto trend orders
Allows additional trend orders in uptrends
When used together with “trend orders: true”, such trend initiated orders are restricted to be allowed only during a 4h uptrend
Sell step multiplier
Control dynamic changes to trailing range
`This multiplier is used when trend basic and/or trend plus are enabled, and the trend module detects a situation where increased targets make sense.
Setting setting sell step multiplier to 1.2 makes the a sell step 1.2x times as big in specific situations. This multiplier also applies to a custom step size.
Trend trailing
Use much bigger buy trailing range during downtrend
Automatically use different buy trailing ranges for bearish situations.
The aim is to spend less on buy orders when price is not moving upwards, by using much bigger trailing ranges.
Trend trailing multiplier (small)
Controls buy trailing range
Trailing range multiplier to use when 4h structure is bullish, but 15m structure is bearish.
Sets buy trailing range to “multiplier * ATR”, or if you use a custom pct trailing range, to “multiplier * pct trailing range”
Trend trailing multiplier (big)
Controls buy trailing range
Trailing range multiplier to use when 4h structure is bearish and 15m structure is not bullish or is bearish.
Sets buy trailing range to “multiplier * ATR”, or if you use a custom pct trailing range, to “multiplier * pct trailing range”
Trading mode settings
Setting Description
Custom trading range
Set a price range to allow opening new trades in
With this mode you can define the price zone in which you want the strategy to operate, and optionally set a stop target.
With the settings like in the defaults, new trades may only be opened when price is between 8000 and 10000. DCA trades can be placed at any price. In case price drops below 7000 all funds get sold. Set stop target to 0 to effectively disable it.
Trading range low
Lower range limit
Lower limit of manual trading range. When not in a trade and price is below the lower limit, no new trades will get opened.
Trading range high
Upper range limit
Upper limit of manual trading range. When not in a trade and price is above the upper limit, no new trades will get opened.
Trading range stop
Stop loss target
Stop loss target of manual trading range. When in a trade and price drops below this target price, all assets get sold immediately.
Trading range DCA stop
Lower limit for allowing DCA orders.
Use this to block DCA orders below a specified price.
Pullback mode
Trade only during/after 4h pullbacks
When enabled, a pair may only open new trades when a pullback happens. Monitored on 4h charts, independent of the period you set in this strategy.
This can be very restrictive.
Volatility mode
Trade only within certain volatility ranges
When enabled, only bullish pairs are traded in a controlled volatility range: it will attempt to start trading relatively low and stop trading when price is about to peak.
This mode comes with a built in stop mechanism near the top to often allow for a clean exit with minimal loss on the last sell order. This stop mechanism is separated from the dynamic stop loss option, and cannot be disabled in this mode.
This can be very restrictive.
TA mode
Trade only during certain TA fractals
When enabled, only pairs are traded after they hit one or more TA fractals.
This can be very restrictive.
Dynamic stop loss
Stop loss mechanism for volatility and TA modes
This option is meant to be used together with volatility mode or TA mode and tries to provide a meaningful stop target. Can also be used with other, or no active modes.
You cannot see the stop target before it hits. This can lead to losses.
Advanced settings
Setting Description
Stop after next sell
To stop trading a pair after the position closes.
When enabled, no buy orders are placed when there is no balance left to sell.
Averaging down of the current position continues, partial sell orders do not make the bot stop afterwards.
Forever bags
Force identical behavior below and above break even.
Used to ‘ride trends up’. The default strategy behavior is to exit a trade in one or a small number of sell orders above the break even price. Using the ‘forever bags’ option the break even price is completely ignored.
Buy enabled
Allow or disallow placing buy orders.
When disabled, no buy orders will be placed at all.
Sell enabled
Allow or disallow placing sell orders.
When disabled, no sell orders will be placed at all.
SMA period
How many candles are used for calculating support and resistance levels.
By default 50 candles are used to calculate support and resistance. In this strategy, support and resistance are used to determine appropriate trailing ranges.
ATR period
How many candles are used for calculating ATR.
Number of candles used to calculate Average True Range, which is used to calculate auto step size. Default value of 50 should usually not need tuning.
Keep quote
Keep a number of units when selling
By setting keep quote at any number above 0, this number of units will be held back when the next sell order happens.
Ignore trades before
Ignore part of the order history
Optional parameter to force AILidex to not consider any trades before the time set Value represents a unix timestamp in milliseconds. Get a current timestamp on currentmillis.com
Warning: this setting can lead to all kinds of unexpected behavior. Only use it when you know you need it.
TIP
Other parameters
Besides settings mentioned on this page, no other strategy setting has any effect on stepgridhybrid.