A Bounded Long-Only Grid Strategy for LINK

Summary

This strategy divides a fixed price range into geometric or arithmetic grid levels and allocates investment across the levels. When the closing price crosses a level downward, it opens a long position for that slot; when price rises through the next level above, it closes that position. The default configuration targets LINK/USDT, with adjustable bounds, level count, spacing, and capital allocation.

The script also provides date-window controls, alert messages, chart annotations, and a status table. Its design has no trailing exit or stop loss: the stated structural limits are the grid bounds and allocated investment. The document supplies source code and configurable example settings, but no strategy report, performance results, or evidence that the defaults generalize. A grid can accumulate positions as price falls, and prices leaving the configured range may leave positions without the intended grid exits; costs and execution assumptions also affect outcomes.

Key ideas

• The grid can use geometric or arithmetic spacing between fixed upper and lower prices.
• Each downward close crossing a level opens a long slot, while an upward crossing of the next level closes it.
• Investment is divided evenly across the configured grid levels.
• The strategy uses no stop loss or trailing exit and relies on range bounds and allocated capital as structural limits.
• The source includes webhook alerts and chart displays, but provides no reported performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.