Multi-Mode Grid Strategy

Grid Strategy (SIMPLE)

█ Overview

This script is a system trading tool designed to generate cash flow from market volatility without relying on short-term directional predictions. It operates on the principle of Grid Trading, creating a mesh of buy and sell orders within a user-defined price range.

The strategy automates the process of "buying the dip" and "selling the bounce" repeatedly. It is most effective in sideways markets or during accumulation phases where the price oscillates within a specific channel.

█ TRADING MINDSET & SETUP GUIDE

To use this tool effectively, you must shift your perspective from "Sniper" (trying to hit the perfect entry) to "Manager" (managing a zone). Here is the required mindset for setting up this strategy:

1. Shift from Prediction to Range DefinitionDon't ask: "Will the price go up or down tomorrow?"Ask instead: "What is the price range the asset is unlikely to break out of in the coming weeks?"
   
   Your primary job is to define the Grid Top Price (Ceiling) and Grid Bottom Price (Floor). As long as the price stays within this "Arena," the strategy will continue to execute trades.
   
   
2. Embrace Volatility as Fuel
   For a trend follower, chop/sideways action is a nightmare. For a Grid Trader, it is fuel. Every time the price crosses a grid line down, it builds inventory. Every time it crosses back up, it realizes profit. You want the price to wiggle as much as possible within your defined boundaries.
   
   
3. Capital Allocation & Survivability
   The biggest risk in grid trading is the price crashing below your Grid Bottom Price.
   Mindset Check: Before launching, assume the price WILL drop to your bottom price immediately. Can your account handle that drawdown?
   The script includes leverage and capital percentage inputs to help you size your position correctly. Never allocate 100% of your capital to a tight range without understanding the liquidation risk.
   

█ HOW IT WORKS

• Grid Construction:
  The script divides the space between your Upper Border and Lower Border into specific levels based on the Grid Quantity.
  - Arithmetic: Equal spacing between lines (Standard).
  - Geometric: Spacing based on mathematical ratios (useful for wider ranges).
  
  
• Execution Logic:
  - Entry: When price crosses below a grid line, a Long position is opened.
  - Exit: When price bounces back up by a specific number of grid levels (defined by "Distance of TP"), the specific position is closed for a profit.
  
  
• Time & Backtesting:
  You can set specific Start and End Times. This allows you to backtest how the grid would have performed during specific historical volatility events before deploying it on live markets.
  

█ VISUALIZATION DASHBOARD

To keep you informed without cluttering the chart, the script features an information table at the bottom right:

• Cash Out: Total realized profit booked into the account.
  
• Open Position: How many grid levels are currently active (holding bags) vs. total levels.
  
• Open Trade: The current floating P/L of held positions (Unrealized).
  
• Max Drawdown: The deepest drawdown the strategy experienced during the test period.
  

RISK DISCLAIMER

Grid trading involves significant risk, particularly in strong trending markets that break out of your range against your position. This strategy does not use a stop-loss per trade; it relies on the user defining a safe "Bottom Price" and allocating capital accordingly. Past performance in backtesting does not guarantee future results. This script is a tool for execution and analysis, not financial advice.