Gunthy

GUNBOT: The automatic profit generator => Technical Support & Development => Topic started by: charliewar on June 16, 2017, 06:56:25 AM

Title: DCA - Dollar Cost Averaging (a way to handle bags)
Post by: charliewar on June 16, 2017, 06:56:25 AM
Dollar Cost Averaging
During a dump / bearish phase, bot buys 1/3 of allotted trading quota when price falls x% of BUY LVL, then another third if it falls a further 5% (or any percent), then 1/3 if it falls another 5%.

These buy levels would be paired with different sell levels depending on the entry points, so as to ensure profit. So if bot bought at 3%, 8% and 12% under a given EMA if would adjust the GAIN from 3% to 8% or so to break even or 10-12% for a profit (all of these should be user defined).