Better and clearer stats for Grid Bots#523
I keep finding myself using the calculator in order to know how much I’m gonna get if I stop my grid bot right now. That is important and it’s missing in the UI. As far as I can understand, we see the initial investment, the aproximate value of the current orders in the bot (which paradoxically seem to include the realized profit), and current PnL (which, again included the realized profit), and the realized profit. After all this I’m still missing some clear information in order to do some basic calculations - I’d love to see stated clearly:
- Initial investment (this does exist): let’s say it was 1,000 USD
- Realized profit (this does exist): let’s assume the bot made 200 USD from the grid.
- Current estimated value if I stop the bot now (this does NOT exist): in other words, if I click on “Stop bot”, cancel my buy orders and sell my sell orders at market price, how much am I getting back? I can’t seem to find this in the UI and it’s very important.
At the end of the day, what I wanna do is a comparison between how much I invested initially, and how much I’m getting if I’m stopping the bot right now. Since I know how much (realized) profit the bot has made, I can make a solid decision on whether I wanna stop the bot or not.
In a nutshell, I don’t think the PnL should include the realized profit. Instead I believe the PnL should have only the UNREALIZED profit. Having both realized and unrealized columns separate can go a long way to help users understand how the bot’s doing. If you wish, you can leave the current PnL with a combination of both realized and unrealized, but please add the unrealized separately. In my previous example, let’s say the price dropped below the initial entry price, what I’d love to see is:
- Initial investment: 1,000 USD
- Realized profit: 200 USD
- Unrealized profit: -100 USD (since the price has dropped below the entry price)
With this information I’d be able to understand that if I stop the bot now I’d get 900 USD (initial investment - unrealized profit), but since I already made 200 USD (realized profit) I’d end up making 1,100 USD.
These are the ABC of grid bots calculation, and I fail to see this clearly stated in the UI. Thanks.