Long-Only Grid Trading with Arithmetic and Geometric Price Levels

Summary

This strategy builds a fixed grid between user-selected lower and upper prices, using either equal price intervals or equal percentage intervals. It submits buy limit orders at grid levels and links each entry to a take-profit order at the next level above. The script checks open trades to avoid holding multiple positions for the same grid level, while allowing positions at different levels to accumulate. It also plots the grid and offers a dashboard for realized profit, drawdown, monthly return, and CAGR calculations.

The method is designed to accumulate during declines and realize gains when price rebounds through adjacent levels. The document provides implementation details and example default settings, but no backtest results or evidence of profitability. A bounded grid can continue accumulating exposure when price falls below its range, and the shown rules do not describe a protective stop or an overall exposure cap. Dashboard metrics depend on the strategy’s assumptions and calculations, so they should not be treated as independent proof of performance.

Key ideas

• The grid can use fixed price spacing or fixed percentage spacing between levels.
• Buy limits are placed at grid levels, with each filled entry targeting the next level above.
• The strategy allows holdings at multiple levels while checking for an existing position at each level.
• The dashboard reports realized results and calculated performance measures, but the document supplies no results from a test.
• Accumulation within a bounded grid can leave the strategy exposed if price continues falling.

Tags

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