OPEN-SOURCE SCRIPT
Updated

Grid Indicator - The Quant Science

12 173
Quickly draw a 10-level grid on your chart with our open-source tool.

Our grid tool offers a unique solution to traders looking to maximize their profits in volatile market conditions. With its advanced features, you can create customized grids based on your preferred start price and line distance, allowing you to easily execute trades and capitalize on price movements. The tool works automatically, freeing up your time to focus on other important aspects of your trading strategy.

The benefits of using this tool are numerous. Firstly, it eliminates the need for manual calculation, making the analysis process much more efficient. Secondly, the automatic nature of the tool ensures that each grids are draw at precisely prices, giving you the best possible chance of maximizing your analysis. Finally, the ability to easily customize grids means that you can adapt your strategy quickly and effectively, even in rapidly changing market conditions.

So why wait? Take control of your trading and start using our innovative grid tool today! With its advanced features and ease of use, it's the perfect solution for traders of all levels looking to take their trading to the next level.

HOW TO USE
Using it is easy. Add the script to your chart and set the price and distance between the grids.
Release Notes
New Releases

  1. Added percentage calculation mode. Now you can choose between two calculation modes: percentage (%) and currency ($).
  2. A new time-range filter has been added to display the grid only for the specified time period.
  3. Replacing simple lines with gradient fills and progressive transparency for a clean and elegant visual layout.


Description Updated | 2026
Grid Indicator is an indicator that automatically calculates a 10-level grid on the chart, saving you time spent creating grids that are drawn and calculated manually.
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Levels are created starting from the central value, with 5 levels above and 5 levels below. The grid is completely dynamic, which means that once it's created, you can move it directly on the chart by dragging the central value to any price level you want.
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The difference between the levels can be calculated as a percentage or as currency amount, depending on user settings.
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You can filter and restrict the visibility of the grid using the date range feature, which allows you to set a specific time period.
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Disclaimer

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