Grid Trade Helper

📌 Grid Trade Helper – Range-Based Grid Planning Tool

This tool is designed for range-based traders and manual grid strategy operators, providing a framework to balance execution efficiency and risk exposure.
By referencing historical weekly volatility, it helps estimate a reasonable grid width, visualizes key levels, and supports position management with quantitative guidance.


🧭 Design Philosophy:
In multi-entry systems like grid trading, there's always a tradeoff:
"Tighter grids improve opportunity density but increase risk; wider grids reduce risk but lower efficiency."
This tool seeks to provide a dynamic equilibrium between the two, using past volatility to determine practical grid intervals and suggest safe leverage thresholds.

✨ Core Features:

• Weekly open level tracking (custom time + time zone support)
  
• Volatility-based suggestions for grid width and safe grid count
  
• Visual range plotting with optional stop-line overlay
  
• Compact live table showing key metrics: average range, grid width, grid count, leverage cap
  

🔧 Customizable Parameters:
Time zone and custom weekly open hour

Max number of visual elements (lines, boxes)

Color and line style options

📈 Suggested Use Cases:
Planning manual grid structures with volatility-adjusted intervals

Visual support for range-bound or sideways market strategies

Estimating leverage exposure and grid density for better position control

⚠️ This indicator is intended as a strategic support tool and does not constitute financial advice. Use according to your own risk framework and market understanding.