Static Geometric Grid Trading for UNI/USDT
Summary
This strategy models a static grid for UNI/USDT spot trading. It divides a fixed price band into geometric or arithmetic levels and buys when a bar closes down through an unfilled level. A position is closed when price crosses the next level upward. The default configuration uses a geometric grid, a fixed investment reference, and equal quote-currency amounts per level; trailing the grid upward is optional and disabled by default.
The document reports a 120-day built-in backtest with positive returns and many grid trades, but provides no independent validation or detailed performance context in the excerpt. The strategy is described as calibrated for a 15-minute chart, and its range remains fixed unless trailing is enabled. Grid systems can accumulate exposure when price falls through levels or perform poorly when price leaves the selected band. The script also includes chart displays and an alert intended to signal bot startup; those features do not establish live execution quality.
Key ideas
- A geometric grid spaces levels by a constant percentage across a chosen price band.
- The strategy opens long positions as price crosses grid levels downward and closes them after an upward cross of the next level.
- The default setup uses equal USDT allocations per level and disables grid trailing.
- The reported backtest is limited to a stated 120-day period and does not establish future or live performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.