Long-Only ENA Grid Trading Between Fixed Price Bounds

Summary

This document outlines a long-only grid strategy calibrated for an ENA perpetual market. It sets upper and lower price boundaries and distributes grid levels between them, using either geometric or arithmetic spacing. The description says the bot buys as price crosses levels downward and sells on upward crossings to the next level. Investment is allocated across the grid slots, and the script header describes the bounds and bounded allocation as its structural risk limits.

The supplied excerpt gives configuration details, including default bounds, level count, spacing mode, investment, commission, slippage, and a date-filtered backtest window. It does not include the order execution logic or backtest results, so profitability and the exact handling of boundary breaches cannot be evaluated. The design explicitly lacks a stop loss or trailing stop; if price leaves the configured range, the strategy may retain exposure without the excerpt showing an exit mechanism. Its defaults are specific to one market and timeframe and should not be treated as evidence of broader performance.

Key ideas

• The strategy buys at downward grid crossings and sells at upward crossings to the next grid level.
• Grid levels can use geometric or arithmetic spacing within configured price bounds.
• The total investment is divided across grid slots to bound planned allocation.
• The design has no stop loss or trailing stop, and the supplied excerpt omits execution logic and performance results.
• Its defaults are tailored to a particular ENA perpetual market and timeframe.

Tags

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