Static Geometric Grid Trading with Fixed Price Bounds
Summary
This strategy divides a configured price range into evenly spaced arithmetic or geometric levels and places a buy when price crosses down through an unfilled level. A filled level is closed when price crosses up through the next level. Position value is configured per level, and the script tracks which levels are filled. The grid is designed to trade within fixed high and low bounds; an optional trailing-up setting can shift the whole range after price exceeds the upper boundary by a chosen threshold. The listing recommends a fifteen-minute chart and includes webhook alerts and display options.
The document reports a TradingView backtest on APE/USDT over a stated date window, with positive net profit alongside substantial drawdown and over a thousand trades; these are historical simulation figures, not evidence of future performance. The stated commission and slippage assumptions affect results, and the strategy depends on price remaining within or returning to its configured range. A static grid can accumulate exposure during a sustained decline and may miss opportunities beyond its bounds when trailing is disabled. The shown code excerpt is incomplete, limiting independent review of all display and reporting logic.
Key ideas
- The strategy places buys on downward crossings of grid levels and closes filled levels on upward crossings of the next level.
- Grid levels can be spaced arithmetically or geometrically across configured high and low prices.
- Each level uses a configured cash amount, while an optional trailing-up rule shifts the range after an upside threshold is crossed.
- The reported backtest includes profit, drawdown, trade count, win rate, and profit factor, but does not establish future performance.
- Range dependence creates exposure to prolonged moves outside the configured bounds, especially when grid shifting is disabled.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.