Long-Only ETH Grid Trading Between Fixed Price Bounds

Summary

This long-only grid strategy divides a fixed ETH price range into configurable levels using either geometric or arithmetic spacing. When the closing price crosses downward through an unowned level, it opens a buy slot sized from the allocated investment. If price later crosses upward through the next level, it closes that slot. The script tracks slot ownership, plots the grid and average entry, and provides status information and webhook alerts for bot integration.

The design has no stop loss or trailing exit. Its stated structural limits are the fixed grid bounds and allocated capital, so a price that falls through the range can leave multiple long slots open and expose the allocation to losses. The document provides parameterized code and trading assumptions but no independent performance evidence; its stated defaults target a specific ETH perpetual market and timeframe, and should not be generalized without testing. The visible backtest dates and alert settings are configurable, while actual fills, fees, slippage, and exchange behavior may differ from the simulation.

Key ideas

• The strategy places a configurable set of grid levels between fixed high and low prices.
• A downward close crossing buys an unowned slot, while an upward crossing through the next level exits it.
• Level spacing can be geometric or arithmetic, and investment is divided across the grid slots.
• The strategy has no stop loss, so exposure can accumulate as price falls through the range.
• Its default market assumptions and simulated execution do not establish performance in live trading.

Tags

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