Correct. When the price is down for a pair, (and or if the gain conditions are not met) and if you don't have double up enabled, the bot wont buy anymore.
You have a few ways out if you don't have double up enabled.
Double up manually, using some type of fundamental.
Dump your bags at a loss, and then let the bot buy again
I personally hate selling at a big loss, but sometimes it is necessary, because you will get stuck, eventuially.
This bot is not perfect, not even close, and you have to monitor it closely, and make sure all the settings are the best they can be for the conditions and the specific pair.
As usual, the real trick is catching the bottom on buys and avoiding getting stuck and knowing when to sell.
From my short time playing with Altcoins, there are some coins that tank really hard, fast and deep. And at times they all tank hard, but the ones to trade are coins that recover well, obviously.
The problem with automatic DU is that you need big reserves, and you need to DU a large amount. To get out without a loss, IMO you need the first DU to be near the bottom of a short trend, and it needs to be about 4x at least but that can vary. That said, if you miss and DU too soon, with a too high DU price, then you are sort of screwed if the price continues to fall.
With altcoins, the market is so volatile with buyers pumping coins etc, that predictability is very difficult.
I am also stuck right now.
