//@version=5
strategy("Infinity Grid Trading Bot", overlay=true)
// Define strategy parameters
capital = strategy.equity
gridSize = 0.01 // Grid size as a percentage of the asset price
takeProfit = 0.01 // Take profit as a percentage of the asset price
stopLoss = 0.01 // Stop loss as a percentage of the asset price
riskPerTrade = 0.01 // Risk per trade as a percentage of the capital
// Calculate grid levels
gridLevels = math.ceil(1 / gridSize)
gridStep = 1 / gridLevels
// Calculate position size based on risk per trade
positionSize = riskPerTrade * capital / stopLoss
// Calculate target profit and stop loss levels
targetProfit = close * (1 + takeProfit)
stopLossLevel = close * (1 - stopLoss)
// Calculate the current grid level
currentGridLevel = math.floor((close - close[1]) / gridStep)
// Check if a new grid level is reached
isNewGridLevel = currentGridLevel != currentGridLevel[1]
// Buy condition: price crosses above the target profit level
buyCondition = crossover(close, targetProfit) and isNewGridLevel
// Sell condition: price crosses below the stop loss level
sellCondition = crossunder(close, stopLossLevel) and isNewGridLevel
// Place buy and sell orders
if buyCondition
strategy.entry("Buy", strategy.long, qty=positionSize)
if sellCondition
strategy.close("Buy")
// Plot grid levels
plotshape(isNewGridLevel, title="Grid Level", location=location.belowbar,
color=color.green, style=shape.labelup, text="Grid Level")
// Plot target profit and stop loss levels
plot(targetProfit, title="Target Profit", color=color.green, linewidth=2)
plot(stopLossLevel, title="Stop Loss", color=color.red, linewidth=2)
