A Bounded-Range Long Grid for BTC Perpetual Futures

Summary

This TradingView strategy divides a fixed BTCUSDT perpetual-futures price range into configurable levels, using either geometric or arithmetic spacing. It allocates the stated total investment evenly across levels. When a bar closes through an unowned level from above, the script opens a long position for that level; when price rises through the next higher level, it closes that position. The script also plots grid levels, owned levels, average entry, status information, and can send alerts formatted for a connected bot.

The source describes a long-only strategy with no trailing exit or stop loss; the stated risk controls are the grid bounds and bounded investment. It provides configurable costs, slippage, dates, level count, and spacing, but the supplied document gives no performance results or validation. A price decline through the lower bound can leave positions without the described grid take-profit, and the fixed range may cease to fit market conditions. Backtest assumptions and live execution through alerts also warrant independent review.

Key ideas

• The strategy places grid levels between user-defined upper and lower prices.
• Geometric spacing targets a roughly constant percentage gap, while arithmetic spacing uses equal price increments.
• A downward crossing opens a long allocation, and an upward crossing to the next level closes it.
• Investment is divided across grid levels, with no separate stop-loss or trailing exit.
• The document provides implementation settings but no evidence of profitability.

Tags

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