{"id":87361,"date":"2023-11-22T12:52:55","date_gmt":"2023-11-22T10:52:55","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=87361"},"modified":"2025-09-13T11:23:07","modified_gmt":"2025-09-13T08:23:07","slug":"grid-dca-and-the-signals-marketplace-an-overview-of-okxs-trading-bots","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/grid-dca-and-the-signals-marketplace-an-overview-of-okxs-trading-bots\/","title":{"rendered":"Grid, DCA and the Signals Marketplace: An Overview of OKX&#8217;s Trading Bots"},"content":{"rendered":"<p>In August, the cryptocurrency exchange OKX <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.okx.com\/ru\/landingpage\/signal-trading?channelId=ACE520184\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">introduced<\/a> a bot that enables integrating signals from TradingView and trading according to other users&#8217; strategies.<\/p>\n<p>We cover this and other trading bots, and explain how to profit from studying them.<\/p>\n<h2 class=\\\"wp-block-heading\\\">Why trading bots are useful<\/h2>\n<p>Trading bots are programs that automate trades based on defined market parameters and indicators such as <a href=\"https:\/\/forklog.com\/en\/news\/what-the-rsi-is-for-and-whether-it-suits-cryptocurrencies\">RSI<\/a>.<\/p>\n<p>Trading with bots is common in both traditional and cryptocurrency markets. Bots offer traders the following advantages:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>they can monitor and execute trades across several instruments;<\/li>\n<li>they allow monitoring of various cryptocurrencies and trading around the clock;<\/li>\n<li>they demonstrate higher execution accuracy, as well as place large orders without significant impact on the asset&#8217;s price;<\/li>\n<li>unlike human traders, they do not experience emotions.<\/li>\n<\/ul>\n<p>However, bots have drawbacks:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>Configuration requires knowledge of trading strategies and cryptocurrencies in general. Because of volatility and constantly changing market conditions, you must periodically monitor the bot&#8217;s profitability;<\/li>\n<li>Bots directly manage assets, so it is important to study the platform that provides access to them.<\/li>\n<\/ul>\n<p>Developers create bots as standalone programs connected to a trading platform via the <span data-descr=\\\"Application Programming Interface \u2014 application programming interface\\\" class=\\\"old_tooltip\\\">API<\/span>, or embed them directly into the cryptocurrency exchange interface.<\/p>\n<p>For example, to access trading bots on OKX go to the &#8220;Trading&#8221; section and click the &#8220;Trading Bots&#8221; button. In November the exchange published an instructional video about these tools and launched the &#8220;Back to School&#8221; campaign with a prize pool of 5000 USDT.<\/p>\n<p>The organizers will distribute:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>500 USDT for watching the <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.youtube.com\/watch?v=Lkqq92L7Q_g\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">video<\/a>, subscribing to the YouTube channel &#8220;OKX Academy&#8221; and completing the <a class=\\\"tracking_link\\\" href=\\\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSdFiygc5IqgbsoVAanKiS6IYT_gowIhdEey-L4O4mOr_Zo9cg\/viewform\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">test<\/a>;<\/li>\n<li>1500 USDT for launching bots that execute trades totaling more than $500;<\/li>\n<li>3000 USDT for trading volumes up to $25 000.<\/li>\n<\/ul>\n<p>The promotion runs until December 1, 2023. Users will be able to study Grid, DCA, split bots, arbitrage and signal bots. Below we describe them in more detail.<\/p>\n<h2 class=\\\"wp-block-heading\\\">Grid bots \u2014 for trading in a market without a clear trend<\/h2>\n<p>Grid trading is a strategy in which the bot places a grid of orders within a defined price range.<\/p>\n<p>When the asset rises to one of the upper grid lines, the bot executes a sell order. Conversely, it buys crypto when the price falls to the lower boundary of the range.<\/p>\n<p>OKX offers four types of grid bots:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li><strong>Spot<\/strong> \u2014 for buying and selling crypto assets without leverage;<\/li>\n<li><strong>Infinite grid<\/strong> \u2014 does not require setting an upper price level. Allows buying and holding cryptocurrency in a rising market;<\/li>\n<li><strong>Moon grid<\/strong> \u2014 a variant of the spot bot with a wider price range and no <span data-descr=\\\"Order to minimize losses in case of price movement unfavourable to the position\\\" class=\\\"old_tooltip\\\">stop-loss<\/span> and <span data-descr=\\\"Take-profit orders\\\" class=\\\"old_tooltip\\\">take-profit<\/span> levels;<\/li>\n<li><strong>Futures<\/strong> \u2014 for opening long and short (<a href=\"https:\/\/forklog.com\/en\/news\/shorts-and-longs-in-crypto-what-they-are-and-how-to-use-them\">long and short<\/a>) positions with leverage up to 50x.<\/li>\n<\/ul>\n<h2 class=\\\"wp-block-heading\\\">DCA bots \u2014 for averaging positions<\/h2>\n<p>Dollar-cost averaging (DCA) \u2014 a strategy that involves gradually buying or selling an asset in small portions to build a position. A DCA bot automates this process.<\/p>\n<p>OKX offers three types of DCA bots:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li><strong>Spot<\/strong> \u2014 buys or sells assets at regular intervals, &#8220;averaging&#8221; the entry or exit price;<\/li>\n<li><strong>Futures<\/strong> \u2014 enables gradually building long and short positions using leverage;<\/li>\n<li><strong>Recurring purchase<\/strong> \u2014 buys one or more assets for a predetermined amount.<\/li>\n<\/ul>\n<h2 class=\\\"wp-block-heading\\\">Arbitrage bots \u2014 for profiting from price differences<\/h2>\n<p>These bots earn when there is a price discrepancy between instruments on the trading platform.<\/p>\n<p>OKX offers three subtypes of arbitrage bots:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li><strong>Smart portfolio<\/strong> \u2014 sets a specific mix of cryptocurrencies in the portfolio and conducts automatic rebalancing;<\/li>\n<li><strong>Dip hunter<\/strong> \u2014 buys cryptocurrency below the market price;<\/li>\n<li><strong>Peak hunter<\/strong> \u2014 sells the asset above the market price;<\/li>\n<li><strong>Arbitrage<\/strong> \u2014 creates <span data-descr=\\\"Delta-neutral positions that lock in profits when prices diverge between different trading instruments, for example, spot and futures markets.\\\" class=\\\"old_tooltip\\\">delta-neutral<\/span> positions, which lock in profits when prices diverge between different trading instruments, for example, spot and futures markets.<\/li>\n<\/ul>\n<h2 class=\\\"wp-block-heading\\\">Split bots \u2014 for opening large positions<\/h2>\n<p>A split bot helps optimize trading by reducing slippage when executing large orders. It breaks them into several smaller ones to reduce market impact.<\/p>\n<p>OKX provides two subtypes of split bots:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li><strong>Iceberg<\/strong> \u2014 splits a large order into several smaller ones within an acceptable slippage level;<\/li>\n<li><strong>Time-weighted average price<\/strong> <strong>(TWAP)<\/strong> \u2014 executes large trades over a pre-defined period of time.<\/li>\n<\/ul>\n<h2 class=\\\"wp-block-heading\\\">Signal bot \u2014 for trading based on indicators and scripts<\/h2>\n<p>With such a bot you can trade on indicators and scripts on TradingView, and also buy signals from other users on a dedicated marketplace.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/hi9GpmBUNgAW3pg7N2DPqUVMe3f4jV9nwfIgisEKcOZoa2ZYNwNPTXMkgKU575MXdmDlKbNCH84jWEw1FRWazo4WI3C2kdQile4qA5H-b6bO9-lNLa9lp_f2hFzbEf-dWxvU2tT-URVP9X6YN3DYMro\\\" alt=\\\"Grid, DCA \u0438 \u043c\u0430\u0440\u043a\u0435\u0442\u043f\u043b\u0435\u0439\u0441 \u0441\u0438\u0433\u043d\u0430\u043b\u043e\u0432: \u043e\u0431\u0437\u043e\u0440 \u0442\u043e\u0440\u0433\u043e\u0432\u044b\u0445 \u0431\u043e\u0442\u043e\u0432 OKX\\\"\/><figcaption class=\\\"wp-element-caption\\\">To create your own bot, go to the &#8216;Signal Bot&#8217; section and click &#8216;Create&#8217;. Data: <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.okx.com\/ru\/trading-bot?channelId=ACE520184\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">OKX<\/a>.<\/figcaption><\/figure>\n<p>Users can sort signal bots by three metrics: 30-day returns, assets under management and number of subscribers.<\/p>\n<p>To integrate a bot, click the <strong>&#8216;Subscribe&#8217;<\/strong> button and choose a subscription plan \u2014 profit share (the bot creator earns a percentage of profits) or a fixed monthly fee. Some users offer their signals for free.<\/p>\n<h2 class=\\\"wp-block-heading\\\">How to subscribe to a signal bot<\/h2>\n<p>We tested signal bots on OKX in demo trading. For this:<\/p>\n<ul class=\\\"wp-block-list\\\">\n<li>we selected the items <strong>&#8216;Trade&#8217;<\/strong> and <strong>&#8216;Demo trading&#8217;<\/strong> in the side panel on the homepage;<\/li>\n<li>in the demo account we went to the <strong>&#8216;Trade&#8217;<\/strong> section, then to <strong>&#8216;Trading Bots&#8217;<\/strong> and <strong>&#8216;Marketplace&#8217;<\/strong>.<\/li>\n<\/ul>\n<p>We chose the Okq bot, studied profitability metrics and supported trading pairs. We clicked <strong>&#8216;Subscribe to signal&#8217;<\/strong>.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/3QQLoelUPfwISQxLeMDisVLw8EibOpmMPVD2eWPTu1R57xKBA-O1lVMEzVKe8sZkJqIoTBRwKlLNTypWLuSLTtTNIq1hCOJmyESALNDL4DYgecRCzdysvj1RgeOwdHpQu1J3hT-2lMbCQzCmQw9tk4A\\\" alt=\\\"Grid, DCA \u0438 \u043c\u0430\u0440\u043a\u0435\u0442\u043f\u043b\u0435\u0439\u0441 \u0441\u0438\u0433\u043d\u0430\u043b\u043e\u0432: \u043e\u0431\u0437\u043e\u0440 \u0442\u043e\u0440\u0433\u043e\u0432\u044b\u0445 \u0431\u043e\u0442\u043e\u0432 OKX\\\"\/><figcaption class=\\\"wp-element-caption\\\">Signal bot page with an overview of 30-day profitability, number of subscribers, assets under management and available subscription plans. Data: <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.okx.com\/ru\/trading-bot?channelId=ACE520184\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">OKX<\/a>.<\/figcaption><\/figure>\n<p>After subscribing, we set the bot&#8217;s parameters: selected trading pairs, leverage and margin. We clicked <strong>&#8216;Create&#8217;<\/strong> and confirmed the order.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/RH4fXXtIjX2rRFAPdwXETfwZxPWbhwXRRwBDe5Z_yQNNiJfRlWj8EopyQtFmFGJDOU-mUSnmCck_eKzC_59JgxHEPLkbWtlWHHIvkEEg2jvnIA81IBgqDFKNjTFRIjvcV12kOBpWOnUsPDH4L9RvGfw\\\" alt=\\\"Grid, DCA \u0438 \u043c\u0430\u0440\u043a\u0435\u0442\u043f\u043b\u0435\u0439\u0441 \u0441\u0438\u0433\u043d\u0430\u043b\u043e\u0432: \u043e\u0431\u0437\u043e\u0440 \u0442\u043e\u0440\u0433\u043e\u0432\u044b\u0445 \u0431\u043e\u0442\u043e\u0432 OKX\\\"\/><figcaption class=\\\"wp-element-caption\\\">Dialog window with the signal bot parameters before order confirmation. Data: <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.okx.com\/ru\/trading-bot?channelId=ACE520184\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">OKX<\/a>.<\/figcaption><\/figure>\n<p>The bot appeared in the open positions menu, where you can monitor <span data-descr=\\\"Profit and Loss\\\" class=\\\"old_tooltip\\\">PnL<\/span>, and quickly stop it with the <strong>&#8216;Stop&#8217;<\/strong> button.<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh7-eu.googleusercontent.com\/COIJBYqOTfslMHDBdjWbYBVsKmN3tTgEZXe3-HnEgYu070ZVsVPanUeRCQuKXS4jPF6med8KGX7907wRyhgmDa0O0ei0Q7E_axbLmXjCQGCZ0KetH1F7D3kx4pNWPahiVt1yQUAg9wwCZzeHu3l8b_I\\\" alt=\\\"Grid, DCA \u0438 \u043c\u0430\u0440\u043a\u0435\u0442\u043f\u043b\u0435\u0439\u0441 \u0441\u0438\u0433\u043d\u0430\u043b\u043e\u0432: \u043e\u0431\u0437\u043e\u0440 \u0442\u043e\u0440\u0433\u043e\u0432\u044b\u0445 \u0431\u043e\u0442\u043e\u0432 OKX\\\"\/><figcaption class=\\\"wp-element-caption\\\">Signal bot in the open positions menu. Data: <a class=\\\"tracking_link\\\" href=\\\"https:\/\/www.okx.com\/ru\/trading-bot?channelId=ACE520184\\\" target=\\\"_blank\\\" rel=\\\"noopener\\\">OKX<\/a>.<\/figcaption><\/figure>\n<p>Clicking <strong>&#8216;Details&#8217;<\/strong> reveals the bot&#8217;s trade statistics.<\/p>\n<h2 class=\\\"wp-block-heading\\\">Conclusions<\/h2>\n<p>Trading bots can help avoid emotional decision-making when placing trades. They can also help open and close positions at optimal prices around the clock.<\/p>\n<p>DCA bots gradually build a position on pullbacks or safely enter shorts at highs, while Grid bots profit from volatility during periods of market uncertainty.<\/p>\n<p>Arbitrage bots rebalance the portfolio, and split bots open large positions at market prices.<\/p>\n<p>Signal bots trade based on indicators and scripts, allowing traders to adapt to various market conditions and trading styles.<\/p>\n<p>However, no strategy guarantees profits. Before engaging in real trades, test bots in a demo account and do not invest more than you are prepared to lose.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August, OKX introduced a bot that enables integrating signals from TradingView and trading according to other users&#8217; strategies. We cover this and other trading bots, and explain how to profit from studying them.<\/p>\n","protected":false},"author":1,"featured_media":87362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"2","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[1144],"tags":[1291,1290],"class_list":["post-87361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-longreads","tag-okx","tag-trading-bots"],"aioseo_notices":[],"amp_enabled":true,"views":"70","promo_type":"2","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=87361"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87361\/revisions"}],"predecessor-version":[{"id":87363,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/87361\/revisions\/87363"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/87362"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=87361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=87361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=87361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}