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Bounded Long-Only Price Grid Strategy for TRX

Article Strategy library · Author: 3Commas

Summary

The document presents a long-only grid for TRX perpetual futures. It defines fixed upper and lower price bounds and distributes buy levels between them using either geometric or arithmetic spacing. A downward crossing of a level triggers a buy; an upward crossing sells toward the next level. The stated design has no trailing stop or stop loss, relying instead on the grid boundaries and a capped allocation across grid slots to constrain exposure.

Inputs cover the bounds, level count, spacing method, total investment, date window, and webhook details for a trading bot. The script header gives example settings for TRX/USDT perpetual futures and specifies commission, slippage, and order-processing assumptions, but the supplied excerpt ends before the actual order logic and reports no backtest results. A bounded grid can accumulate inventory during a sustained decline, and the stated structural limits do not eliminate market, execution, or configuration risk. The material describes the intended mechanics rather than demonstrating profitability or validating the chosen bounds.

Key ideas

  • The strategy buys at grid levels crossed on downward moves and sells toward the next level on upward moves.
  • Grid prices can use geometric or arithmetic spacing between fixed bounds.
  • The design is long-only and deliberately omits stop-loss and trailing-stop orders.
  • Investment is divided among grid slots to bound intended allocation.
  • The excerpt gives trading assumptions but omits the order logic and any performance results.

Tags

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