3commas GRID bot VisualisationHello everyone
This is a grid display indicator for a 3-comma grid bot.
Just enter the upper and lower borders of your grid and the number of grid cells in the indicator settings.
It's simple!
GRID
Percentage Range IndicatorThe Percentage Range Indicator is useful for assessing the volatility of pairs for percentage-based grid bots. The higher the percentage range for a given time period, the more trades a grid bot is likely to generate in that period. Conversely, a grid bot can be optimised by using grids that are less than the Percentage Range Indicator value.
I have been using the Percentage Range Indicator based on the one hour time period and 168 periods of smoothing (seven days based on one-hour periods).
Enjoy.
Intraday Grid trading exampleHello everyone,
This was a grid trading example for intraday trading.
Please be advised that every commodity have diferent kind of reaction and rate of change between periods therefore the percentages need to be adjusted acording to the commodities change %.
In order to specify the adjustment rate we add the Zig Zag in the script.
For Example ;
Last 3 days zigzag high points are %25 , %13 and %8 , the average %is about %9 therefore you have to put the adjustment ratios something like;
Z%1 = %3
Z%2 = %6
Z%3 = %9
Feel free to use the script with caution( it was not a investment advice), this was only a example of grid trading strategy on our trading platform.
Regards.
Fear Of Missing Out grid of forex tradingAbstract
This script finds potential safe grids placing limit orders without fear of missing out.
This script computes grids according to power of 1.0025 .
You can reference those price levels for your trading.
Introduction
Grid trading is a popular trading method.
Traders plan several price levels as grids and repeat buying at lower grids and selling at higher grids.
Grids can be round number like multiple of 100 pips.
Grids can also be support and resistance according to price history.
Some traders may think they need to adjust grids to trade.
However, there are several problems in choosing grids.
One problem is rate of change is related and therefore exponential. 20 to 30 is different from 30 to 40.
Another interesting point is there are some special impressing reversal price levels.
Several months ago, I had a question why usdjpy bounced near 108.3 .
After using a calculator, I found that 108.3 = 100 * 1.083 ≒ 100 * pow(1.0025,31) .
1.0025 , as known as 0.25% of change, is a potential stop out zone.
Therefore, we can compute grids and one grid is a little more than 1.0025 times than an another one.
After we finished computing grids, we can consider buy and sell near those grids.
Note that different traders may obtain different grid values.
For example, from 1.0 to 2.0 , it can be splited as 270 grids or 277 grids because pow(1.0025,277)<2 .
Those grids cannot always imply potential reversal points but they can be useful for traders looking for 0.25% profit targets with reducing fearing of buying or selling too early.
Computing grids
This script split from 1.0 to 10.0 into three segments.
One is 1.0 to 2.0 .
The second segment is from 2.0 to 5.0 .
The third segment is from 5.0 to 10.0 .
This script does the same thing for 0.1 to 1.0 , 10.0 to 100.0 , and so on.
For 1.0 to 2.0 and 5.0 to 10.0 , this script split a segment as 270 grids.
For 2.0 to 5.0 , this script split a segment as 360 grids.
The last step is display the next grids to the daily low and daily high.
Maybe also display the grids behind grids shown.
Parameters
x1,x2,x3,x4 : display the next x1,x2,x3,x4 grids to daily high and daily low. 1 means the next grid to daily high and daily low. 2 means the next grid to 1.
x_seg : default 2.0 . This script split from 1.0 to 10.0 into three segments. One is 1.0 to x_seg. The second segment is from x_seg to 10.0/x_seg . The third segment is from 10.0/x_seg to 10.0 .
x_grid1 : how many grids in the first segment
x_grid2 : how many grids in the second segment
x_lowprice : add this number for bigger grid distance. Generally, you don't need this number when trading forex but you may need it in stock trading. For stocks with price between 50 to 100, I recommend you use x_lowprice=100.
Conclusion and suggestions
This script can find potential grids for trading.
If price touches grids usually, we can consider buy and sell after price touches grids.
If price reverses before touching grids usually, we may consider buy and sell before price touches grids.
Those grids can remind us don't buy too much unless the price touches the next grid.
For instruments with less volatility, maybe we need more grids.
For traders with more money, they may also consider more grids for more dedicated range trading to collect more profit.
Reference
Sorry, I forgot them.
Volatility Adjusted Grid [Gann]█ OVERVIEW
Gann Square of 9 is one of the many brilliant concepts from W.D.Gann himself where it revolves around the idea that price is moving in a certain geometrical pattern. Numbers on the Square of 9 spiral tables, especially those lie in every 45degree in the chart act as key vibration levels where prices have tendency to react to (more on the table below).
There are few square of 9 related scripts here in Tradingview and while there's nothing wrong with them, it doesn't address 1 particular issue that i have: The numbers can be too rigid even when scaled based on current price because the levels are fixed, which makes them not tradable on certain timeframes depending on where the price currently sitting.
Heres 5min and 1hour Bitcoin chart to illustrate what i mean: Grey line on the left is based on Volatility Adjusted levels, while red/blue on the right are the standard Gann levels.
You can see that on 1hour chart, it provides a good levels (both Volatility Adjusted and the standard one happened to share the same multiplier in this case),
1Hour Chart:
On 5 min chart tells a different story as the range between blue/red levels can be deemed as to big for a short term trade, while the grey line is adjusted to suit that particular timeframe (You can still adjust to make it bigger/smaller from the settings, more on this below)
5Min Chart:
█ Little bit on Gann Square of 9 table
This is the square of nine table, the numbers highlighted in Red are known as Cardinal Cross and considered to be a major Support/Resistance while those in Blue color are known as Ordinal Cross considered as minor (but still important) Support/Resistance levels
Similarly, this script use these numbers (and certain multipliers) to print out the levels, with Cardinal numbers represented by solid lines and Ordinal numbers by dotted lines.
█ How it Works and Limitations
The Volatility Adjusted grid will go through several iterations of different multipliers to find the Gann number range that is at least bigger than times ATR. Because it's using ATR to determine the range, occasionally you'll notice that the line become smaller as ATR contracting (and vice versa). To overcome this, you can change the size range multiplier from the settings to retrieve the previous range size.
Use the size guide at the bottom left to find the multiplier that suits your need:
1st Row -> Previous Range -- Change Range Size to number lower than this to get a smaller range
2nd Row -> Next Range -- Change Range Size to number higher than this to get a larger range
Example:
Before:
After:
As you'll soon realise, the key here is to find the range that fits the historical structure and suits your own strategy. Enjoy :)
█ Disclaimer
Past performance is not an indicator of future results.
My opinions and research are my own and do not constitute financial advice in any way whatsoever.
Nothing published by me constitutes an investment recommendation, nor should any data or Content published by me be relied upon for any investment/trading activities.
I strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
Any ideas to further improve this indicator are welcome :)
7-RSI strategyHello, I've only been trying to learn PineScript for two months on my own, here I am posting a version of the strategy for a grid bot with 20 orders, order size 5%, earlier I tried to find something similar, but could not. Perhaps others, those who, like me, are just starting to learn PineScript, will find something useful. In the process of using grid bots, I noticed that the RSI indicator is sufficient, so the strategy uses 7 RSI indicators on different timeframes, but it is not necessary to use all 7, usually 3 is enough, therefore, by default, the RSI values are set to limit so that there is no effect on the settings of others. The step between bot orders is set in the settings. The code can of course be simplified, but it's better for understanding, I think.
Gridimus MaximusGridimus Maximus draws N grid lines stepping by price or percent in chosen direction from set price, or draws N grid lines stepping by pivots.
The queue function method used is adapted from an example provided on the PineCoders website, much gratitude to LucF for this gem!
To prevent grid lines out of range from causing chart to rescale right click on chart's price column and enable Scale Price Chart Only.
Pictured example above is using Type Of Increment: Steps By Pivot, Number Of Steps: 5.
Pictured example below is using Type Of Increment: Steps By Price, Number Of Steps: 6, Starts From Price: $10k, Steps By Percent Or Price: $10k.
Pictured example below is using Type Of Increment: Steps By Percent, Number Of Steps: 7, Starts From Price: $10k, Steps By Percent Or Price: 33%.
NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
MA+ ROC MTF DashboardThis is a Multi Timeframe moving average ROC (percent of change) dashboard.
This dashboard shows percent of change of current price to a moving averages on different time frames.
Most left value in the dashboard always represents your chart time frame, while the next 3 represent other time frames which you can set in 'MA+ ROC' settings.
Support User Defined time frames or automatic time frames based on a multiplier value.
Better define same or higher time frames than your chart time frame to get accurate results.
Can work in conjunction with MA+ to display the moving average line, click here:
Like if you Like and follow-up for up coming new indicators: www.tradingview.com
Ganntime Grid Bot Long Strategy with frostybotThe grid strategy customized specifically for Frostybot. It use the tradingview webhook implement the safe orders mechanism of 3commas, and different position sizes can be selected according to the market direction. Currently, only long is supported.the default configration is suitable for some pair.but you can change it by yourself. Everyone is welcome to experience.
Grid bot development I have completed the next stage of my grid bot which is to isolate the instances in which the market will move sideways in a narrow range.
Rudimentary Grid bot ideaUsing Eulerian principles yet again, this is the beginning of my first grid bot script. Use as static S&R when trading manually. Good for SL and TP setting too.
Horizontal Plot Lines - Max. 24 - grid strategy - DARK LINESWhen I looked for something like this I couldn't find it. Although simple in appearance, this script was actually quite long and complicated to create. It allows you to break up any horizontal space in up to 24 lines. Just remember that 13 lines equal 12 levels, as the top and bottom lines are the placeholders. So, if you are using quarters theory, you would want to select 5 lines.
It automatically sets the top line at a user-selectable place, like the close of the highest candlestick. It also allows you to select the lowest point as the close or the low. This way you can use the bodies of the candlestick or the wicks. You can also set the lookback period, so that your high and low can be set as far back as you prefer in the timescale you are looking at.
You can use these lines in things like quarters theory, or analyze buy and sell points in a grid bot strategy. This indicator could help you to determine where to equally place your buy and sells in a grid with up to 24 different placements.
This version has dark lines and is suitable for the light template. There is a matching light line version for a dark template.
(IK) Grid ScriptThis is my take on a grid trading strategy. From Investopedia:
"Grid trading is most commonly associated with the foreign exchange market. Overall the technique seeks to capitalize on normal price volatility in an asset by placing buy and sell orders at certain regular intervals above and below a predefined base price."
This strategy is best used on sideways markets, without a definitive up or down major trend. Because it doesn't rely on huge vertical movement, this strategy is great for small timeframes. It only goes long. I've set initial_capital to 100 USD. default_qty_value should be your initial capital divided by your amount of grid lines. I'm also assuming a 0.1% commission per trade.
Here's the basic algorithm:
- Create a grid based on an upper-bound (strong resistance) and a lower-bound (strong support)
- Grid lines are spaced evenly between these two bounds. (I recommend anywhere between 5-10 grid lines, but this script lets you use up to 15. More gridlines = more/smaller trades)
- Identify nearest gridline above and below current price (ignoring the very closest grid line)
- If price crosses under a near gridline, buy and recalculate near gridlines
- If price crosses over a near gridline, sell and recalculate near gridlines
- Trades are entered and exited based on a FIFO system. So if price falls 3 grid lines (buy-1, buy-2, buy-3), and subsequently crosses above one grid line, only the first trade will exit (sell-1). If it falls again, it will enter a new trade (buy-4), and if it crosses above again it will sell the original second trade (sell-2). The amount of trades you can be in at once are based on the amount of grid lines you have.
This strategy has no built-in stop loss! This is not a 'set-it-and-forget-it" script. Make sure that price remains within the bounds of your grid. If prices exits above the grid, you're in the money, but you won't be making any more trades. If price exits below the grid, you're 100% staked in whatever you happen to be trading.
This script is more complicated than my last one, but should be more user friendly. Make sure to correctly set your lower-bound and upper-bound based on strong support and resistance (the default values for these are probably going to be meaningless). If you change your "Grid Quantity" (amount of grid lines) make sure to also change your 'Order Size' property under settings for proper test results (or default_qty_value in the strategy() declaration).
Ganntime Grid Bot long strategy This is a simulating 3commas grid and DCA robot strategy implementation. In AI mode, the default grid width of btc is 500, and the default grid width of eth is 25. Anyone can use it for free. You can also cancel the AI mode option and manually set the grid size and grid width. The initial order, safety order size, stop loss and take profit parameters are consistent with the configuration and usage of 3commas dca bot.
Grid SystemThis script plots a a square composed of 8 equilateral triangles ("grid"). User can set the frequency of calculation/interval by adjusting the 't' parameter.
Steps for calculating grid:
1. Find the highest high and lowest low for last 't' periods.
2. Calculate midpoint for prices during that interval (highest high + lowest low) / 2.
3. Center of the grid = {time , price midpoint}.
Interpretation:
Volatility : If price is volatile for a given period, the area of the grid will expand, since the top and bottom sides are based on the highest high and lowest low for the period. So as range for a given period increases, the grid's area increases.
Support and resistance : The grid's center line often acts as the support / resistance line.
Trend Following : The example chart shows Cognex (CGNX) price using an interval of t=365. When the stock's trend was bullish, the area of the grids became increasingly larger and the y-coordinate of each grid was greater than that of the previous grid.
Grid Bot RSIGrid Bot Simulator. Based on RSI levels.
How it works:
Prices are divided into grids, or trade zones, that are based on RSI levels. Buys will trigger when the RSI crosses into a higher zone, after descending. Sells will trigger when the RSI crosses into a lower zone, after ascending. After triggering, a new signal will not be produced until the RSI progresses into better zone.
Standard Settings :
RSI Length
Number of Grids
RSI Type : Standard RSI or Jurik RSX (based on Everget’s formula)
Show All Grids
Experimental Features (Adjust in settings menu) :
No Trade Zone : RSI Levels where no trades will be signaled. Adjust to prevent over-buying/selling in narrow markets. Default: 35-65:
No Trade Zone (40-60)
Aggression Level : Increase aggressiveness to stack buys/sells at extreme RSI levels:
Aggression = high
Aggression = low
Market Direction : If market is trending up, the bot will skip every other sell ( = more buys than sells). If down, will skip every other buy (more sells than buys). Default: neutral.
Market Direction: down
Market Direction: neutral
Grid Bot SimulatorThis 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.
VPR Grid█ OVERVIEW
Official release of VPR Grid, a mean reverting, trend discovering tool meant to protect capital and find high probability entries.
What this indicator is meant to be used for:
Mean reverting trades
Entries or exits for either swing trades or scalps
Traditional and cryptocurrency markets
Low and high timeframe setups
Sentiment checks
Options to configure:
Optionally use volume in analysis
Use intraday, daily, weekly, or month calculation + choose how many periods of each
Moving average length. This is best kept on the lower end for cryptocurrencies, with respect for volatility
Grid spacing: a purely comestic option that should help with viewing the indicator.
The most important thing to use VPR effectively is to use its settings. The flexibility of VPR Grid is given through its settings. The development that went towards mean reversion and trend discovering means it is a hybrid of fading and trend following tools.
This is a paid premium indicator; please DM me for access. See the images below for examples/explanations on the indicator. Take note of the indicator arguments and which settings were used for a certain timeframe or asset class.
NimhFX Grid LevelsA simple levels indicator for plotting pre-defined price grid.
The default setting is as follows:
Group 1 shows 1000 Point (100 Pip divisions)
Group 2 shows 250 Point (25 Pip divisions)
Groups are duplications of each other to allow multiple divisions to be visible at once, e.g. 100 Pip grid and a 25 pip grid with differing visuals as the default setting.
Number of Lines above/below will alter the amount of lines drawn, change as required, note: Tradingview seems to try to capture all drawings when double-clicking the right price index which can cause this to compress the data.
depending on preferred timeframe you may want to alter this for example to a 10 pip grid (100 point)
Trading with GridThis indicator helps you to negotiate through the grid. You must depend on a flag to start trading. In the indicator we use a weekly moving average with 20 periods.
Use volatility for larger timeframes.
Note that the gray spaces are minimum and maximum, weekly and monthly. If the price goes out of that range, it usually has greater volatility.
The grid has 28 lines.
Purchase order preference.
Once you lose the moving average:
- buy level below
- sale level up.
Real Grid Trend Multiplier & SMA Final Real Grid Trend Multiplier & SMA
"M4x Rainbow" is a Grid Trend Multiplier bot, who is following an adjustable SMA.
Settings:
- Profit % per Step (0-1000%)
- SMA lenght (0-4000)
Alerts: (one Alert is one step)
- longRain
- shortRAIN
The coloring of the lines is:
green = linestate is LONG
blue = linestate is WAIT
yellow = linestate is SHORT
!!! Tested only on 1 Minute Chart !!!
Give it a try and let me know.
...have fun ;-)
[RS]Supertrend GridDynamic grid system based on supertrend.
note: the input nlines/nfractions are not locked so if values too high might start overlapping line objects.
M4x Rainbow V4i strat LINK-USDTGRID & TREND Multiplier Experiment
// "M4x Rainbow" is a Strategy Grid Trend Multiplier bot, who is following the trend.
// I built it as an experimental tool with Strategy implemented, even if that numbers are far out...!
// Because.....it not only depends on the bot setup, the timings of the TradingBot (eg.3Commas) are very relevant too!
// Like amount of Trades, Security Orders, Deviation and so on...
// Please feedback your experience with a Comment , as I would like to improve this bot.
// Updates will follow ;-)
//
// "M4x Rainbow" is not bound on FIFO, each trade get's his own exit.
// It is set for Pyramiding, which can be changed in the "Strategy" line
// Fees are set equal to Binance numbers at 0.1%, about...
// The coloring of the lines is:
//
// green = linestate is LONG
// blue = linestate is WAIT
// yellow = linestate is SHORT
//
// Give it a try and let me know.
//
// ...have fun ;-)
