GRID trading is a popular trading strategy in Forex and Commodity markets.
It it however a tricky strategy when markets become directional.
This Directional GRID system adjusts its trading strategy and direction based on Overbought and Oversold RSI conditions on 2 timeframes.
It uses the short timeframe (chart) to trigger adjustments, so it delays buying/selling of all the levels, until it becomes overbought/sold
And it used the longer timeframe to trigger trading direction long/short.
This makes it far less likely to ever get "underwater", and builds in extra profit potential during market extremes.
I have coded it when i was trading SLV, but it could be optimized for any market using a "TradingView Strategy Input Optimizer".
Backtest based on a 25k max capital investment during 6 months. Check the NET Profit (50%) result, and compare against the Buy & Hold (13.5%) return. Losing trades are the ones that are currently open.. Av Bars in trades is the time between direction changes, as Position Adjustments are done more frequently.
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