Finandy Docs
English
Search…
⌃K
Links

Scaled grid

Control

To the right of the "1 order or grid" selection, a grid control block appears if the position has an active grid:
​
​
1 - order grid number + - create a new grid of orders x - cancel the order grid

Settings

1. Volume (Sum) / Amount of all orders in the grid

In the drop-down list, select what will be set: the total Volume (Sum) or the total Amount for all orders in the grid. A value is entered in the field on the right (in the screenshot, the value is 100)
Please note that the volume of each grid order must be larger than the minimum allowed. The size of the minimum allowable order is determined by the rules of the exchange.
​
​

2. Levels auto update

Disabled by default.
If you set a timeframe, then at the close of the candle, the distance from the close price (or the maximum value of the candle) to the price of the first order in the grid will be checked, and the system will pull all orders closer to the trend if this distance is greater than the specified one:
​
​

3. Amount factor

Regulates sum (volume) distribution in scaled orders. For instance, Factor = 2, then each subsequent order is 2 times larger than the previous one. And if the Factor = 0.5, then each subsequent order is 2 times less than the previous one.
Default Factor = 1, which means even distribution of the quantity between orders.
On the chart, you can visually see a preview of orders with the specified parameters if the amount or sum in the grid is entered.

4.1. Density

​
​
Chosen “density” equal to 1 orders will be spread in the grid evenly, if more than one, than orders will grid closer to the last price, if less than 1 then closer to the first price. Chosen “Step” than orders grid will be created from first order price with price equal to
Step in % * First order price / 100

4.2. Step in %

The order grid will be created with the same step between orders.
​
​
The last price is calculated and not edited

5. Number of orders in the grid

Minimum 2 orders, maximum 20

6. First and last price in the grid

The price or % of the beginning and end of orders grid.
On the chart, it is possible to change the prices of extreme orders using the mouse
​
​

7. Auto cancellation

You can enable auto-cancellation of the grid of orders after a specified time. If any order is executed in the grid, then auto-cancellation is deactivated.
​
​

8. Options for Futures

Click the button "Create grid"
​
​

Editing

You can change the grid in several ways:
  • By dragging orders with the mouse on the chart
​
​
  • Changing the price of an order inside a position
  • Editing in the order form, having previously selected S (Scaled grid) and grid number (if there is one grid, then you do not need to select). After editing the parameters, you must click the "Change grid" button
​
​