Product’s Web page: https://www.mql5.com/en/market/product/89642
Observe trades in realtime utilizing this utility right here: https://t.me/sfelibsignals
This utility allow you to outline a grid parameters for work together together with your Binance account utilizing an Remoted Margin account. That is, just like Spot Grid in Binance. This isn’t for deal with with derivatives contracts, is for deal with with Spot by Remoted Margin Account.
This utilities comes as Knowledgeable Advisor and solely have to be connected to any chart, do not thoughts the account, could be a demo account of any dealer. This EA connects to your Binance account to retreive the data.
Why this utility if binance have a grid possibility itself?
I used binance grid, however there are a number of issues I don’t like and I wished to have extra flexibility. The issue if use in-built Binance Grid is:
– All of the funds vital for canopy the total grid are mobilized because the starting. That is additionally as a result of Binance open an preliminary quantity of cypto to cowl any stage of the grid above the present worth, at present market worth.
If we wish to cowl for instance the vary 5.0 – 7.0 in steps of 0.1, and the value is at 6.0, binance purchase the quantity in crypto as we had the entry on the 7.0 stage, 6.9 stage, 6.8 stage, 6.7 stage and so till 6.1. And stays the vital quantity of $ mobilized to purchase at 5.9, 5.8, 5.7 …. 5.0.
As an alternative of this, I simply preffer open a place on a grid stage when visited, so on the init of the grid, there is no place opened. And I do not want all of the funds as if now we have lined the grid from 5.0 to 7.0 in steps of 0.1. As a result of if this funds are mobilized, I can not do an additional revenue with Binance Earn or others. Or seen it in different means, I can start a grid with much less preliminary funding, and enhance this funding solely when vital.
Additionally, as this works with Margin Remoted account, we will use the borrow risk of margin account, at very low curiosity, so even when we wish to cowl the total grid, is sufficient fund solely an element and borrow the remaining, and we will handle this borrow stage periodically relying on the wants of the present grid.
Different state of affairs, think about the value has gone down rather a lot and the grid has a giant quantity of crypto purchased. Within the in-built grid, the one strategy to make some revenue with that crypto is finalize the grid. However in a Margin account, we will switch a part of the crypto that we predict won’t attain his TP ranges quickly, and do some earn exterior in the meantime.
If you wish to change some parameter of the Binance construct in grid, just like the higher and decrease stage, or the house beetween ranges, the Grid have to be finalized and start one other one. This includes a strategy of promote the remaining cypto and purchase a part of them once more when the brand new grid begin which is inneficient.
What does Binance Grid Professional utility:
– let outline a grid buying and selling mechanism on Binance Margin Remoted accounts.
– outline an higher and decrease stage, the house between ranges, and the scale invested in every stage. Can also choose a customized Take revenue distance, which may be differen of the space between ranges.
– these parameters may be modified when desired.
– because the utility will open solely positions when the degrees are visited, shouldn’t be vital put all of the funds from the start, relying on how develops the grid, these funds won’t be vital, additionally as a result of the grid is producing revenue for canopy future positions.
– if there usually are not sufficient funds in any second for open a grid stage, a message can be despatched to the cell phone, utilizing the notification of metatrader.
– additionally may be acquired the messages of latest place opened or hit the TP within the cell phone, or may be despatched to telegram.
– if the grid acumulates a giant quantity of ranges, we will switch a part of the crypto to do some earn. If the value recovers and there’s not crypto to set the following stage on the associated TP, a notification can be ship to the cell phone and we will switch in once more the crypto for proceed with the sells on the TP.
The Parameters
the parameters are self explanatory, contact me if you happen to want extra particulars or be a part of our telegram group. https://t.me/sfecommunity
With a setup like earlier we are going to get trades like these:
We are able to obtain the trades on cell phone or telegram:
Once we connect the utility on metatrader, we will see some helpful data, just like the max. vital $ we would want if all the degrees of the grid are opened in some second.
For setup the reference to Binance:
1. Create Binance Api. In your Binance Panel, create an API Key, solely ‘allow studying’ and ‘allow spot & margin buying and selling’ is required. Retailer the key key if you create this entry, as a result of cannot be seen later.
2. Permit the Binance API url:
3. Permit notifications. You’ll find your Metaquotes ID in your cell phone metatrader utility (Settings -> Chat and Messages -> on the backside there’s the ID)
