Grid & Martingale Backtesting System

How Our Custom Tool Helps

This is a TradingView strategy script (Pine Script v6) for testing grid and Martingale ideas on historical data. Each cycle opens a first order and places limit orders for up to 20 extra levels, spaced by a percentage of price, an ATR multiple or a fixed price distance. Each extra level is sized as the first order times a multiplier raised to the level number: a multiplier of 1 gives a plain grid, and a value above 1 gives a Martingale. The whole position closes at a take profit measured from the average entry price, with an optional stop loss beyond the last level. When the position closes, the next cycle starts. You can test a long or a short grid over a date range you choose. A table on the chart shows cycles closed, the win rate of closed cycles, net profit, open profit, maximum drawdown, the most orders open at once and the largest position. A cycle that is still open and in loss is not counted in the win rate, so always read it together with the open profit. Each cycle's grid levels are drawn on the chart, and TradingView shows every entry and exit. Results use candle data, so the order in which price touched levels inside one candle is estimated. Set capital, commission, slippage and margin in the strategy's Properties tab. This is a backtesting tool only. It does not place real trades, and Martingale can lose far more than a backtest shows. It is not financial advice.

Frequently Asked Questions