With this script you can trade Classic grid bot - SET UP MAX Upper Limit / Lower limit and determine how much grids you want to trade and what % deviation between grids.
Or Use AUTO Grid BOT which will keep adapting your grid levels to the SMA, EMA or WVMA of the market price.
You can trade this strategy: LONG // SHORT, use TP/SL, trailing SL, trailing TP, Multiple Take Profits Move Stop Loss to breakeven after TP 1 is hit.
Prices are divided into grids, or Grid Block, that will trigger signals each time a new zone is entered. You are sellling when trending up - break out grids to the upside and buying when you are crossing down your Grid Lines. No signals are triggered above the Maximum Upper Limit or Below the Lower Limit Line - it's waiting for the price to come back in your zone.
Release Notes
You can now choose to close trades or turn it off and sell them by your Take Profit settings only.
Release Notes
Swing Trade and One-Way Mode trading alerts available.
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Starbots for more information, or follow the author's instructions below.
Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.