Topics

1

Technical Support & Development / Pyramiding

« on: June 16, 2017, 07:00:37 AM »

Let's say I want to increase the ETH in my HODL account at an advantageous price. An ideal setting would be to let the bot buy at a good price, then sell only half the bags at resistance, then re-buy at the new support, sell at the new resistance, etc. This is known as pyramiding. Something like this would be excellent for the current state of the ETH chart, which occassionally has windows of opportunity to buy at a good price, and some of us would like to hodl medium-long term.

2

Technical Support & Development / DCA - Dollar Cost Averaging (a way to handle bags)

« 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).