Grid Bot Simulator

2021年2月16日

This script is a grid bot simulator for ranging/choppy markets. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA), until the market consolidates. No signals are triggered above the Upper Limit or Below the Lower Limit.

Settings overview:
Upper Limit/Lower Limit : Highest and Lowest values for entire grid.
Number of Grids: Number of trade zones.
Show Grids: Show or hide all gridlines.
Show Only Current Grids: Only display the grids just above and just below the current trade zone.
High/Low for signals: If enabled, signals are triggered as soon as the price touches the next zone. If disabled, signals are triggered after bar closes. Enable this for “Once Per Bar alerts. Disable for “Once Per Bar Close” alerts.


Highlight Trade Zones

The grid bot should work well during ranging/choppy markets. Each zone will have only one trade, and then will immediately take profit in the next zone.

Ranging/Choppy Market

However, trending markets can produce multiple signals in rapid succession:

Trending Market

If the gridlines are compressing the chart space, enable the “Show Only Current Grids” in settings.

Show Only Current Grids disabled


Show Only Current Grids enabled

When changing symbols, adjust the Upper and Lower Limits to accommodate the new symbol. Otherwise, the chart will look compressed.

XBTUSD chart with ETHUSDT settings

The bot is a proof-of-concept and is considered experimental. Possible future updates will include Fibonacci grids and “smart entry/exits,” depending on the current trend. Comments and suggestions are encouraged.

2021年2月17日

版本注释

Adjusted signals to buy at LowerLimit and sell at UpperLimit if 'extremes' is enabled.

2021年2月21日

版本注释

• Added market direction filter. Bot will skip ever other signal against market direction (up or down).
  
• Added option for signal plot size.
  

2021年2月21日

版本注释

Fixed Upper and Lower Limit lines not showing

2021年2月21日

版本注释

Fixed signal arrow sizes

2021年6月6日

版本注释

Fixed "Transp" deprecation warning

2021年6月13日

版本注释

New version available:

https://www.tradingview.com/script/6k0tgcu9-Grid-Bot-Auto/

Grid Bot Auto

2022年1月17日

版本注释

Update to Pinescript Version 5.

New feature: Interactive upper/lower limit price selectors.

Use the price selectors to set the Upper and Lower Limits when adding the indicator to a new chart, or to interactively change the limits on a live chart.

To change Upper and Lower Limits on an active chart:

1. Click on the indicator to reveal the price selectors (tiny blue boxes)


2. Slide the boxes up or down to select the new price limits




When adding to a new chart, follow the prompts to set the “Upper Limit” price, then the “Lower Limit” price.