yejiming Launch a Grid Bot
PREREQUISITE: Load the following skills to execute this recipe:
kraken-grid-trading,kraken-paper-to-live
Deploy a grid of buy and sell orders across a price range.
CAUTION: Grids profit in ranging markets but lose in strong trends. Always paper-test first.
Steps
- Get current price:
PRICE=$(kraken ticker BTCUSD -o json 2>/dev/null | jq -r '.[].c[0]') - Compute grid levels (e.g., 3 levels at $1000 spacing):
BUY1=$(echo "$PRICE - 1000" | bc),BUY2=$(echo "$PRICE - 2000" | bc),BUY3=$(echo "$PRICE - 3000" | bc),SELL1=$(echo "$PRICE + 1000" | bc),SELL2=$(echo "$PRICE + 2000" | bc),SELL3=$(echo "$PRICE + 3000" | bc) - Paper-test the grid:
kraken paper init --balance 10000 -o json 2>/dev/null - Place paper buy levels:
kraken paper buy BTCUSD 0.001 --type limit --price $BUY1 -o json 2>/dev/null(repeat for BUY2, BUY3) - Place paper sell levels:
kraken paper sell BTCUSD 0.001 --type limit --price $SELL1 -o json 2>/dev/null(repeat for SELL2, SELL3) - Monitor paper fills:
kraken paper orders -o json 2>/dev/null - Review paper results:
kraken paper status -o json 2>/dev/null - Pre-flight live:
kraken auth test -o json 2>/dev/null && kraken balance -o json 2>/dev/null - Enable dead man's switch:
kraken order cancel-after 3600 -o json 2>/dev/null - Validate live grid orders:
kraken order buy BTCUSD 0.001 --type limit --price $BUY1 --validate -o json 2>/dev/null - Place live grid (requires human approval): place buy and sell levels sequentially using $BUY1-3 and $SELL1-3
- Monitor fills:
kraken ws executions -o json 2>/dev/null - Replace filled levels: when a buy fills, place a sell one level up, and vice versa