ATR-Based Price Range Grid for Long-Only ETH Perpetual Futures

Summary

This document describes a long-only ETH perpetual futures system that uses average true range (ATR) to set price levels around the midpoint of each completed candle. It divides the ATR-scaled range into grid increments, with inner levels used for adding to a long position and an outer lower level used to close it; an upper inner level triggers profit-taking. The code checks orders and throttles decision checks, and it includes exchange-specific position sizing and execution routines.

The published settings show a daily-period backtest from 2020 through early 2023, using hourly base data. The title claims an extraordinary return, but the document gives no accompanying performance report or evidence to assess that claim. The source is truncated, and its implementation includes operational details such as a testnet setting and market orders, so the full strategy behavior cannot be verified here. The approach also concentrates on long exposure and does not describe a systematic short entry.

Key ideas

• ATR relative to the candle close is used to scale a set of price levels around the candle midpoint.
• The strategy adds to long exposure below an inner level and closes long exposure at outer or upper levels.
• The published backtest uses ETH/USDT perpetual futures with daily bars and hourly base data.
• The title's return claim is not supported by a reported performance summary.
• The source is incomplete, limiting assessment of the full position and risk logic.

Tags

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