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August 27, 2022 at 5:46 pm
#20244
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A bitsgap trading bot is a trading software that uses a grid system to make buy and sell orders. The bot uses a stop loss to automatically close all orders that hit a certain price level. This function is called a trailing stop loss. It keeps the price of an asset in a particular range by closing buy and sell orders as soon as it hits the level. This feature increases profits. In addition, the bot features a trailing take profit function that keeps opening orders beyond the top of the grid as market prices increase.
