OPEN-SOURCE SCRIPT
מעודכן

AliceTears Grid

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AliceTears Grid is a customizable Mean Reversion system designed to capitalize on market volatility during specific trading sessions. Unlike standard grid bots that place blind limit orders, this strategy establishes a daily or session-based "Baseline" and looks for price over-extensions to fade the move back to the mean.

This strategy is best suited for ranging markets (sideways accumulation) or specific forex sessions (e.g., Asian Session or NY/London overlap) where price tends to revert to the opening price.

🛠 How It Works
1. The Baseline & Grid Generation At the start of every session (or the daily open), the script records the Open price. It then projects visual grid lines above and below this price based on your Step % input.

Example: If the Open is $100 and Step is 1%, lines are drawn at $101, $102, $99, $98, etc.

2. Entry Logic: Reversal Mode This script features a "Reversal Mode" (enabled by default) to filter out "falling knives."

Standard Grid: Buys immediately when price touches the line.

AliceTears Logic: Waits for the price to breach a grid level and then close back inside towards the mean. This confirms a potential rejection of that level before entering.

3. Exit Logic

Target Profit: The primary target is the previous grid level (Mean Reversion).

Trailing Stop: If the price continues moving in your favor, a trailing stop activates to maximize the run.

Stop Loss: A manual percentage-based stop loss is available to prevent deep drawdowns in trending markets.

⚙️ Key Features
Visual Grid: Automatically draws entry levels on the chart for the current session, helping you visualize where the "math" is waiting for price.

Timezone & Session Control: Includes a custom Timezone Offset tool. You can trade specific hours (e.g., 09:30–16:00) regardless of your chart's UTC setting.

Grid Management: Independent logic for Long and Short grids with pyramiding capabilities.

Safety Filters: Options to force-close trades at the end of the session to avoid overnight gaps.

⚠️ Risk Warning
Please Read Before Using: This is a Counter-Trend / Grid Strategy.

Pros: High win rate in sideways/ranging markets.

Cons: In strong trending markets (parabolic pumps or crashes), this strategy will add to losing positions ("catch a falling knife").

Recommendation: Always use the Stop Loss and Date Filter inputs. Do not run this on highly volatile assets without strict risk management parameters.

Settings Guide
Entry Reversal Mode: Keep checked for safer entries. Uncheck for aggressive limit-order style execution.

Grid Step (%): The distance between lines. For Forex, use lower values (0.1% - 0.5%). For Crypto, use higher values (1.0% - 3.0%).

UTC Offset: Adjust this to align the Session Hours with your target market (e.g., -5 for New York).

This script is open source. Feel free to use it for educational purposes or modify it to fit your trading style.
הערות שחרור
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