recipe-launch-grid-bot

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

1. Get current price: PRICE=$(kraken ticker BTCUSD -o json 2>/dev/null | jq -r '.[].c[0]')
2. 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)
3. Paper-test the grid: kraken paper init --balance 10000 -o json 2>/dev/null
4. Place paper buy levels: kraken paper buy BTCUSD 0.001 --type limit --price $BUY1 -o json 2>/dev/null (repeat for BUY2, BUY3)
5. Place paper sell levels: kraken paper sell BTCUSD 0.001 --type limit --price $SELL1 -o json 2>/dev/null (repeat for SELL2, SELL3)
6. Monitor paper fills: kraken paper orders -o json 2>/dev/null
7. Review paper results: kraken paper status -o json 2>/dev/null
8. Pre-flight live: kraken auth test -o json 2>/dev/null && kraken balance -o json 2>/dev/null
9. Enable dead man's switch: kraken order cancel-after 3600 -o json 2>/dev/null
10. Validate live grid orders: kraken order buy BTCUSD 0.001 --type limit --price $BUY1 --validate -o json 2>/dev/null
11. Place live grid (requires human approval): place buy and sell levels sequentially using $BUY1-3 and $SELL1-3
12. Monitor fills: kraken ws executions -o json 2>/dev/null
13. Replace filled levels: when a buy fills, place a sell one level up, and vice versa