We're excited to announce that cumulative profit/loss has been incorporated into the backtest chart for the Grid Bot.
When you access the Grid Bot chart, you'll notice this addition below the price chart.
The cumulative profit and loss section displays the changes in P/L alongside price fluctuations, providing deeper insights into the behaviour of the Grid Bot.
Below, we'll delve into two scenarios: the Classic Grid Bot and the Hedge Grid Bot.
Classic Grid Bot backtest chart
In this illustration of the Classic Grid Bot, only Long levels are considered. The cumulative profit/loss chart reveals a consistent growth in profits over time. Nonetheless, during substantial market downturns, there is a notable negative impact as it diminishes a significant portion of the accumulated profits.
Neutral scenario
Long scenario
Hedge Grid Bot backtest chart
The most favourable market conditions for generating profits with the Hedge Grid Bot occur when the market is in a neutral state, characterized by price fluctuations within a specific range. The narrower this range is, with fewer grid levels, the more straightforward it becomes to capitalize on opportunities and make profits.
