Grid Spot Trading Algorithm V2

This backtesting software analyzes the performance of the proprietary strategy developed by our team and released as open source as a contribution to the community.

Strategy type: manually executable

Applicability: stocks, indices, forex, cryptocurrencies, ETFs, etc.

Strategy

The analyzed strategy is a manually executable long-only strategy, based on a grid algorithm that allows averaging the entry price across 5 different levels and closing trades once the profit is achieved.

Accumulation

The entry price, located in the center, divides the grid into two parts. When the price drops below the central price and enters the red territory, the algorithm buys a fraction each time the price breaks a red level downwards [A].

During the accumulation phase, the algorithm invests at each level an amount equal to a Lot.

Lot = Current Capital / 5

Example: If the current capital is $10,000.00, Lot will be equal to $2,000.00.

Closing trades

All previously opened positions are closed simultaneously at a single level within the green area [B]. The sell level can be modified from the user interface [C].