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Long-Only BNB Grid Trading Within Fixed Price Bounds

Article Strategy library · Author: 3Commas

Summary

This script describes a long-only grid strategy for BNB perpetual trading. It divides a chosen price range into multiple levels, with either geometric or arithmetic spacing. The strategy buys when price crosses a grid level downward and sells after an upward crossing to the next level. The investment amount is divided across the grid slots, and the stated design has no trailing stop or fixed stop loss; instead, the range boundaries and allocated capital are presented as structural limits.

The source gives example bounds, level count, investment, and trading-cost assumptions, along with a date-filtered backtest configuration. These are settings, not evidence of profitable results: the provided excerpt ends before the grid-crossing logic and reports no performance statistics. A grid depends on price staying within a useful range; the excerpt does not explain how positions are handled if price leaves the bounds. The fixed range and long-only exposure therefore merit careful risk assessment before use.

Key ideas

  • The strategy buys on downward grid crossings and sells at the next higher level after an upward crossing.
  • Grid levels can use geometric or arithmetic spacing within user-defined price bounds.
  • The allocated investment is divided across the configured grid slots.
  • The stated design omits trailing stops and fixed stop losses.
  • The excerpt provides configuration details but no backtest performance results.

Tags

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