This strategy runs a grid on ETH's 1 hour chart inside a 30 day high-low range, placing 10 buy orders in the lower half and selling one step above each fill, stopping and closing all positions if price closes 5%...
3 months tested on market history: 38 completed grid trades, +3.94% on the grid budget, max drawdown 2.7%. ETH, 1h candles. Past results do not guarantee future results.
The rules
Setup
Lane (first to light up)
crypto
Instrument(s)
ETH-USD
Primary timeframe
1 hour
Trigger
Pullback definition
Range defined by last 30 days high and low
Pullback invalidation (when the setup is dead)
Price closes 5% outside the range
Entry
Entry trigger
Place 10 buy orders evenly spaced in lower half of range
Order type
Limit
Stop
Initial stop
Close all positions if price closes 5% outside range
Exit
Trailing stop method
Sell 1 grid step above each fill
Risk
Risk per trade
20%
Strengths
Captures small oscillations in a defined range without predicting direction
Hard cap on account exposure limits overall drawdown
Clear stop condition based on a close outside the range reduces tail risk
Risks
If the range breaks, the 5% stop may still lock in losses from multiple open buys
Grid spacing based on 30 day range can be too wide or narrow for current volatility, causing few fills or rapid stacking
Selling only one step above each fill means profits are small and may not cover fees or slippage in choppy markets
Source
A JustWavey pick: a well known public strategy, written out in plain words by the JustWavey team.
Version history
Version
Saved
Changed boxes
1
2026-10-17
First version
You could lose all of your money, and we do not guarantee any refunds, explanations, or funding.