Long-Only Crypto Grid Trading with Geometric or Arithmetic Levels

Summary

This ENA strategy places a fixed set of price levels between user-defined upper and lower bounds. Levels can be spaced geometrically, keeping percentage spacing more uniform, or arithmetically, keeping absolute spacing uniform. When the closing price crosses a level downward, the script opens a long position sized from the allocated investment per grid slot; a subsequent upward cross through the next level closes that slot. It includes chart displays for the grid, range, fills, and position and profit status, along with alerts intended for bot integration.

The design is long-only, has no stop loss or trailing exit, and relies on bounded investment and price range as structural limits. A sustained move below the lower bound can leave positions open, while a move above the range may offer no additional grid entries. The document gives configured defaults and execution assumptions but no performance results. Grid bounds, spacing, fees, slippage, sizing, and the selected backtest period can strongly affect outcomes, so the example settings do not establish profitability.

Key ideas

• The strategy divides a fixed price range into geometric or arithmetic grid levels.
• A downward close crossing buys a slot, and an upward crossing through the next level sells it.
• Each slot’s order size is derived from total allocated investment divided across the configured levels.
• The design is long-only and uses neither a stop loss nor a trailing exit.
• Grid bounds, transaction costs, and market moves beyond the range shape its risk and performance.

Tags

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