Long-Only EURUSD Grid Trading Within Fixed Price Bounds

Summary

This document presents the setup for a long-only EURUSD grid strategy. It places grid levels between configurable high and low prices, with geometric spacing by default and arithmetic spacing as an alternative. The accompanying description says the bot buys when price crosses down through a grid level and sells when it rises through the next level. Investment is divided across the grid slots, and the example configuration is calibrated for a 15-minute Kraken EURUSD chart.

The design explicitly has no trailing stop or stop loss; it treats the fixed grid bounds and allocated investment as structural risk limits. The script settings also specify a backtest window, commission, slippage, order-processing behavior, and webhook fields. However, the provided excerpt stops before the order logic and contains no strategy report or performance evidence. A bounded grid can continue accumulating long exposure as price falls, while a sustained move beyond the configured range may leave positions without the described grid exits. Results would depend on costs, execution, and the chosen bounds.

Key ideas

• The strategy buys downward grid crossings and sells upward moves at the next level.
• Grid levels span configurable fixed price bounds, with geometric or arithmetic spacing.
• Allocated investment is divided among grid slots to size each allocation.
• The design omits stop losses and trailing stops, relying on grid bounds and allocated capital as risk limits.
• The excerpt gives setup details but no complete order logic or performance results.

Tags

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