Kraken Adds Editable Grid Bot with Backtesting to Desktop App

Kraken has added Smart Grid, an automated range-trading tool, to its desktop application for eligible Pro users. The exchange is entering a crowded grid-bot category by focusing on backtesting, saved configurations and parameters that can be changed after launch.

Smart Grid is available to eligible Kraken Pro users through Kraken Desktop. It runs natively in the desktop application rather than through the exchange’s web interface.

Backtesting Before Capital Goes Live

The bot places a series of buy and sell orders across a price range the trader selects. It is designed to capture price movements within that range without requiring the user to place each order manually.

Before activating the strategy, users can select an eligible trading pair, allocate an investment amount and set the upper and lower price boundaries. They can also choose the number of order levels and the spacing between them. It is also possible to save configurations for reuse or adjust them as market conditions change.

Grid strategies are generally intended for sideways or choppy markets. A sustained move in either direction can take the asset outside the configured range, leaving the strategy unable to continue buying and selling across its intended levels.

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