According to CoinMeta, Kraken has announced the launch of an intelligent grid trading feature. Users can configure fully adjustable grid trading strategies on the Kraken desktop version, allowing for automated range trading without the need to manually monitor charts and place orders. This feature enables users to set a series of buy and sell orders within a predetermined price range to capture potential profits from price fluctuations. Intelligent grid trading also supports backtesting of historical performance, ensuring that users understand the effectiveness of their configurations before actual trading. This feature is now available to eligible Kraken Pro users.