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Bounded Long Grid Trading with Geometric or Arithmetic Price Levels

Article Strategy library · Author: 3Commas

Summary

This JUP grid strategy buys as price crosses grid levels downward and sells as it crosses upward to the next level. Users set upper and lower price bounds, choose geometric or arithmetic spacing, and allocate investment across the grid slots. The published defaults are calibrated for a JUP perpetual market on a 15-minute chart, with commission and slippage configured in the strategy settings.

The design deliberately has no trailing stop or conventional stop loss. Its stated structural limits are the fixed grid range and bounded capital allocation, so performance depends on price remaining within or returning to the chosen range. The script includes a configurable backtest window and webhook fields, along with chart visualization controls. The excerpt does not include the full order logic or any performance report, and the documented defaults are market-specific. A bounded grid can accumulate exposure during a sustained decline, while movement outside the selected range can undermine the intended trading cycle; the description does not quantify these risks.

Key ideas

  • The strategy buys on downward crossings of grid levels and sells on upward crossings to the next level.
  • Grid levels can be spaced geometrically or arithmetically between user-defined bounds.
  • The allocated investment is divided across grid slots, limiting the capital assigned to the setup.
  • The design omits stop loss and trailing stop orders, relying on the range and investment cap as structural controls.
  • The published settings target a specific JUP perpetual market and timeframe, and the excerpt gives no performance evidence.

Tags

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