Valtoro Grid Bot

📊 Valtoro Grid Bot – Full Details
🧠 Strategy Type:
Grid Trading Strategy — A neutral market approach that places buy/sell orders at predefined levels (grids) within a price range to capture profit from volatility or ranging conditions.

⚙️ Core Parameters:
Parameter Description
Grid Top Price The highest price at which the grid operates.
Grid Bottom Price The lowest price at which the grid operates.
Grid Levels Number of equally spaced price levels between top and bottom.
Enable Buy/Sell Toggle buy or sell signals independently.
Show Labels Enable/disable visual "BUY" and "SELL" tags on the chart for each signal.

📈 How It Works:
Grid Initialization:

The script creates a user-defined number of horizontal price levels between Grid Bottom and Grid Top.

These levels act like virtual limit order zones.

Signal Logic:

Buy Signal: Triggered when price crosses a grid level from above to below.

Sell Signal: Triggered when price crosses a grid level from below to above.

Both signals are optional (can be disabled via settings).

Visual Elements:

Grid lines are plotted as gray dotted horizontal lines.

Signals are marked as green (Buy) and red (Sell) labels when triggered.

Alerts can be sent using TradingView’s alert system (manual or webhook-ready).

Alert Integration:

Comes with alertcondition() support for automated alert triggering.

Perfect for integration with external bots via webhook (e.g., via 3Commas, Zapier, etc.).

📊 Market Suitability:
Condition Works Well?
Sideways Market ✅ Excellent
High Volatility ✅ Good
Strong Uptrend ⚠️ Risky (Grid Breakout)
Strong Downtrend ⚠️ Risky

🧠 Use Case Examples:
Range trading BTC/USD between $25k–$30k with 10 grid levels

Setting up ETH scalp grid in low volatility times

Combined with a DCA or Take-Profit webhook system for automation