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Author Topic: DCA - Dollar Cost Averaging (a way to handle bags)  (Read 18014 times)

Offline charliewar

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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).