Glossary Information

What is Omni Assist?

Omni Assist is an advanced trading tool that combines Grid trading and Dollar Cost Averaging (DCA) strategies into a single, intelligent system. Here's a breakdown of its core components and terminology to help you understand how it works.

Core Components

1. Sub-Grids

Sub-grids are smaller trading zones created around:

• Your initial entry point

• Each DCA (Dollar Cost Average) entry level

These sub-grids automatically capture profits from minor price movements, making your strategy more efficient.

2. Grid Width

Grid width defines the total percentage range of your trading zone. For example:

• A 5% grid width starting at $1,000 would cover $1,000 to $1,050

• Wider grids (8-10%) work better in ranging markets

• Narrower grids (4-6%) are more suitable for trending markets

3. Grid Levels

Grid levels are the individual buy/sell steps within your grid. They determine:

• How many orders are placed within your grid width

• The spacing between each order

For example, a 5% grid width with 5 levels would place orders approximately 1% apart.

4. DCA Levels

DCA levels are strategic buying points set below your initial entry. They:

• Automatically purchase more when price drops significantly

• Help reduce your average entry price

• Create new opportunities for profit at lower price levels

Important Settings

Step Scale

Step Scale determines the spacing between DCA levels:

Volume Scale

Volume Scale controls how much capital is allocated to each DCA level:

Additional Features

Trailing Up

When enabled, this feature:

• Automatically moves your grid upward during bullish trends

• Helps capture continued upside movement

• Maintains your profit-taking strategy as prices rise

Take Profit (TP) Settings

TP applies to the aggregate profit across all open positions in an Omni Assist. When that cumulative profit reaches the target percentage, the entire Assist closes and capital is released.

• Range Mode: Leave TP disabled so sub-grids can continue cycling profits without shutting down the Assist.

• Trend Mode: Use 1-3 % so the Assist exits once the overall profit hits the target, letting you restart higher if desired.

Market Adaptation

Omni Assist automatically adjusts its strategy based on market conditions:

Range-Bound Markets

• Uses wider grids (8-10%)

• Focuses on capturing frequent oscillations

• Maintains moderate DCA levels as safety nets

Trending Markets

• Employs narrower grids (4-6%)

• Enables trailing features

• Minimizes DCA levels to focus on trend following

Bearish Markets

• Implements multiple strategic DCA levels

• Uses higher step and volume scales

• Creates profit opportunities from partial recoveries

Risk Management

Important Considerations:

• Always ensure sufficient capital for your chosen DCA levels

• Back-test your settings before live trading

• Monitor your positions regularly

• Adjust settings based on market conditions and your risk tolerance

Understanding these components and how they work together will help you optimize your Omni Assist strategy for different market conditions and trading goals.

Disclaimer

This article is for educational purposes only and should not be considered financial or investment advice. All trading involves risk, and past performance doesn't predict future results. Conduct your own research, evaluate your risk tolerance, and seek professional guidance if necessary.