Almost all of my orders exceeding 100000 units Both entered and exited using icebergs The combination of multiple icebergs can create a simple and effective dynamic grid strategy Today is idle Let's talk about elegant icebergs and dynamic iceberg grid strategies through iceberg combinations The smoothest and most user-friendly iceberg among all exchanges OKX, with its strong product strength in the industry It's been a long time since I last wrote a long article For the convenience of everyone, please add a directory 1/Iceberg Strategy and OKX Iceberg Characteristics ❄️🚀 2/Applicable scenarios for iceberg commission 🎯 3/Dynamic Iceberg Grid Trading Strategy Design 📊 4/Strategy Execution Process ⚙️ 5/Risk Management and Exit Mechanism 🛡️ 6/Optimization and Advanced Techniques 🔥 1/Iceberg Strategy and OKX Iceberg Characteristics ❄️🚀 Dynamic placement: Traditional iceberg strategies usually place orders based on fixed price ranges or ratios, while OKX's new iceberg uses real-time dynamic prices (such as buy one, buy two, sell one, sell two) to calculate placement. This approach can adapt more flexibly to market changes, significantly reduce slippage, and better conceal trading intentions. Multiple order preferences: Users can choose from three modes based on their needs: "Faster Transaction", "Balanced Transaction Speed", or "Better Price" to meet different trading objectives. Automatic adjustment and rebooking: When an order is completed or the market level changes, the system will automatically cancel the original order and rebook it, ensuring the continuity and efficiency of the strategy. Reduce slippage and hidden intentions: By placing orders in batches, only small orders are displayed each time, effectively reducing market impact and avoiding trading intentions from being discovered by counterparties. 2/Applicable scenarios for iceberg commission 🎯 Large amounts of funds entering or leaving: For example, when institutional investors or individual investors with large amounts of funds need to execute trades worth millions of dollars, using iceberg orders can significantly reduce market impact. Quantitative trading in volatile market conditions: Combined with grid strategy, it is possible to achieve buying low and selling high in interval volatile market conditions, and profit from fluctuations. Avoid being targeted by the market: by hiding trading intentions, prevent competitors from rushing or maliciously manipulating the market. 3/Dynamic Iceberg Grid Trading Strategy Design 📊 Design a dynamic quantification strategy that combines iceberg orders and grid trading based on the current Bitcoin price of approximately 83000 USDT. This strategy not only utilizes grid trading to capture interval volatility returns, but also enables covert and low sliding point large-scale fund operations through iceberg commissions. Strategic core idea The dynamic iceberg grid trading strategy replaces a single buy or sell order in traditional grid trading with multiple iceberg commission orders. Within each price range, large amounts of funds can be entered or exited through iceberg commissions, while dynamically adjusting the grid position based on market price changes. Strategy parameter settings 1. Basic grid parameters Firstly, determine the grid parameters: Price range: set from 80000 USDT to 86000 USDT, centered around the current Bitcoin price of 83000 USDT. Grid quantity: divided into 12 grids, with a spacing of approximately 500 USDT between each grid. Funding per grid: Approximately 100000 USDT is invested per grid, with a total funding of 1.2 million USDT. Mobile grid condition: When the price exceeds the upper limit (86000 USDT) or lower limit (80000 USDT), the overall grid movement rule. 2. Buy Iceberg Settings For each buying grid point, configure a buy iceberg order: Buy grid points (80000 USDT): -Single order quantity: 0.03 BTC -Single hanging number: 5 -Total commission amount: approximately 1.25 BTC (worth 100000 USDT) -Preference for pending orders: Balanced transaction speed -Hanging order limit price: 80500 USDT -Starting condition: Price trigger (when the price drops to 80000 USDT) Set iceberg orders for other buying grid points (80500, 81000, etc.) in sequence. 3. Selling Iceberg Settings For each selling grid point, configure a selling iceberg commission: Sell grid points (83500 USDT): -Single order quantity: 0.03 BTC -Single hanging number: 5 -Total order quantity: approximately 1.20 BTC (corresponding to the amount of BTC obtained from buying the grid) -Order preference: Better price -Hanging order limit price: 83000 USDT (selling suspended below this price) -Starting condition: Price trigger (when the price rises to 83500 USDT) Set iceberg orders for other selling grid points (84000, 84500, etc.) in sequence. 4. Dynamic adjustment mechanism Design a dynamic adjustment mechanism to enable the grid to adapt to market changes: Upward mechanism: When the price breaks through the highest grid point (86000 USDT) and continues to rise by a certain percentage (such as 3%), the overall grid shifts up one level. Downward mechanism: When the price falls below the lowest grid point (80000 USDT) and continues to decline by a certain percentage (such as 3%), the overall grid moves down one level. Dynamic spacing adjustment: Adjust the spacing between each grid dynamically based on market volatility (such as ATR indicators). 4/Strategy Execution Process ⚙️ Initializing After setting all parameters, activate the corresponding buy or sell iceberg order based on the current Bitcoin price of approximately 83000 USDT. For example, activate buy icebergs below 83000 and sell icebergs above 83000. Normal operation phase When the price reaches a buying or selling grid point, the corresponding iceberg order is triggered. For example: When the price drops to 82500 USDT, trigger a buy iceberg order at that level, gradually completing the buy operation through multiple small orders. When the price subsequently rises to 83500 USDT, it triggers a sell iceberg order at that point, gradually completing the sell operation through multiple small orders. Dynamic adjustment stage When the price exceeds the upper or lower limit of the set range, a dynamic adjustment mechanism is triggered: If the upper limit is exceeded to 86500 USDT, the overall grid will move up, and the new area will be set between 83500 and 89500 USDT. If it falls below the lower limit to 79500 USDT, the overall grid will shift downwards, and the new interval will be set between 76500 and 82500 USDT. 5/Risk Management and Exit Mechanism 🛡️ Set the following risk control rules for the dynamic iceberg grid based on the current price environment: Overall stop loss line: When the total loss reaches 10% of the total funds, close all unfinished iceberg orders and exit the strategy. Trend filter: Combining long-term trend indicators, such as the 200 day moving average, pause counter trend operations in strong trend markets. Volatility monitoring: dynamically adjust parameters based on recent volatility, such as increasing or decreasing grid spacing, to improve flexibility. 6/Optimization and Advanced Techniques 🔥 Multi cycle composite strategy Design a multi-level dynamic iceberg grid based on different time periods: Long term is based on weekly charts with a wide range, such as 78000 to 88000 USDT. The medium-term period is set based on the daily chart, with a medium range, such as the current range of 80000 to 86000 USDT. Short cycles are set within narrow intervals based on hourly lines, such as 82000 to 84000 USDT. Use different parameters in each cycle to form a composite strategy that captures volatility returns at different time scales. Technical indicator enhancement triggering conditions Optimize triggering conditions based on technical indicators: Activate buy when RSI<30; Activate sell when RSI>70. Increase buying when MACD crosses; Increase sales when MACD crosses. Intelligent fund management Optimize fund allocation based on historical transaction volume data: Increase buying funds at key support levels, such as around 80000 USDT. Increase selling funds at resistance levels, such as around 85000 USDT. The dynamic iceberg grid trading strategy perfectly combines OKX's advanced intelligent splitting function with the classic low buy high sell logic, providing concealment, flexibility, and efficiency for large funds. In addition, it can capture the volatility returns in volatile market conditions while effectively reducing market shocks. @okxchinese @Lanng_okx @Haiteng_okx @OKX_Yuki @Cayne_okx @mia_okx @Mercy_okx