XRP Geometric Grid Strategy with Fixed Level Exits
Summary
The document describes a long-only grid strategy for XRP/USDT. It places a ladder of price levels between user-set bounds, using geometric spacing by default so adjacent levels are separated by a constant percentage. A slot opens when price crosses down through its level and closes when price rises through the next level. Slots have no stop loss or trailing exit, and total deployment is limited by the configured investment.
The example uses 23 levels on a 15-minute chart and reports a backtest from April 2025 to June 2026, with 269 closed trades, positive net profit, and a stated maximum equity drawdown. These are results for the specified market, range, fees, and slippage assumptions, not evidence that the grid will remain profitable. The document emphasizes that a sustained fall below the lower bound can leave slots open with growing unrealized losses. Range choice, capital allocation, and matching actual exchange fees are central limitations; the backtest should not be treated as a forecast.
Key ideas
- The strategy opens a separate long slot when price crosses down through an empty grid level.
- Each slot exits at the next level above its entry, fixing its target without a stop loss.
- Geometric spacing keeps percentage gaps similar across the chosen price range.
- The investment setting caps deployed capital, while a range break can still cause substantial unrealized losses.
- Reported backtest outcomes depend on the chosen bounds, market period, fees, and slippage.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.