Welcome to our new support center! Some articles may still be missing; they will be added shortly. For the old support documentation go to https://support.altrady.com. If you have questions, open a new ticket here. New tickets on support.altrady.com won’t be answered; existing tickets will be finalised there.

Altrady Support Altrady Support
Open Bots

Custom exchange fees and/or manual override of Grid Bot settings

HI,

There is a general issue with Grid bot setup, as well as display of PnL - I've see similar roadmap posts on these topics as well.

Mainly the issue is the profit calculation - both in the grid bot settings and then the PnL display - makes assumptions about exchange fees as a standard number for every user, and I assume it is on the generous side so as not to make any bad mistakes.

However, a lot of people may have much better fee structures which allows for profit at much slimmer order points. For example, I have a 0.005 credit on all maker orders due to my VIP status, so not only do I not pay any fee, I actually profit a fee on each maker order.

I have a long running bot on the exchange for the XRP/USDT pair which the orders are 0.0026 apart from each other. That bot completed 13 trade cycles in the past 24 hours.

I setup a new bot on the XRP/USD pair and the calculations forced me to have my orders at 0.0056 apart to be able to create and run the bot. That bot only completed 2 cycles in the past 24 hours.

Both pairs are the same altcoin, XRP, traded against a stable coin so the prices and movement mirror each other, so it is a valid controlled test. I know for a fact that the grid bot with the smaller order gaps is profitable, and I also know that the fees paid in the PnL calculation is much less than what is being displayed.

Now to the actual enhancement request -
1) Please allow for us to enter custom exchange fees (even if its just to 0.00 with no credit) so that the calculations for settings and PnL can be more accurate

2) Please allow us to manually override the grid bot settings and allow for a creation of a bot with profit less than 0.00, in the cases where we are sure the bot will still do what we want it to. This can be a double-warning pop-up to make sure the user knows and is certain they want to do that, knowing the profit may be negative

Thank you.

Suggested 24 days ago

0 comments

Sign in to join the discussion.