Long-Only Grid Trading Within Fixed Price Bounds

Summary

The document describes a long-only grid strategy for LINK/USDT that places a series of buy and sell levels between configured high and low prices. It supports geometric or arithmetic spacing, with geometric spacing selected by default. A downward crossing of a grid level triggers a purchase; an upward crossing triggers a sale at the next level. The investment is divided across grid slots, and the script includes date-window controls, chart displays, and webhook-related inputs.

The stated design omits trailing exits and stop losses, relying instead on the fixed grid boundaries and allocated capital to constrain exposure. Defaults are calibrated for LINK/USDT on a 15-minute chart, and the configuration includes a 0.1% commission assumption and slippage. The excerpt provides no backtest results or performance analysis, and the grid's behavior depends on prices remaining within its configured range. Price moves beyond those bounds and the use of the full stated investment allocation are material risks.

Key ideas

• The strategy buys when price crosses downward through a grid level and sells when it crosses upward.
• Grid levels can use geometric or arithmetic spacing within fixed price bounds.
• Capital is allocated across grid slots, while the design does not use a stop loss or trailing exit.
• The published excerpt gives configuration details but no evidence of realized or simulated performance.

Tags

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