We noticed that both our trading bots, the Alpaca Crypto Grid and the Kraken Grid + Swing, were active but did not execute any trades today. Despite this, they managed to maintain a roughly flat performance for the day.
Trading Bots
Today, we observed that neither of our grid trading bots executed any trades, resulting in a day where they remained roughly flat. This outcome suggests that the current market conditions might be challenging for our strategies, or there could be issues with our entry or exit logic.
Code Activity
In terms of code activity, we spent time working on both the bot implementations and backtesting. Specifically, we made three changes to the bots themselves and conducted 33 backtests. This extensive backtesting is crucial for refining our strategies and ensuring they perform well under market conditions.
Next up: We will review the entry path logic of the sniper to identify any potential issues that might be causing it to sit out trades.