DCA bots
Averaging: presets, Take-Profit and Stop-Loss, start conditions, cooldown, protections
16 articles
How averaging worksWhat a DCA bot does: enters at market, buys more as price moves against the position, closes everything with one Take-Profit from the average price and starts a new cycleCreating a DCA bot step by stepA six-step wizard: exchange bot, trading pair, direction, cycle amount, preset and the confirmation screen with the profit calculatorPresets: Conservative, Standard, AggressiveWhich parameters each DCA preset sets, what can be changed later on the confirmation screen and what can only be changed by picking another presetCustom parametersAll settings on the DCA bot confirmation screen: ranges, what is available on spot and on futures, which values cannot be changed laterTake-Profit: one level and severalHow a DCA bot places the Take-Profit from the average price, how the three exit strategies differ and how to change the strategy on a running botStop-Loss: from the first entry and from the averageHow a DCA bot places a Stop-Loss for the whole position, how the 'from first entry' and 'from average price' baselines differ, what the trigger type is and what happens after a stopSL TimeoutStop-Loss with a holding time on futures: price must stay beyond the stop for a set number of seconds before the bot closes the position at marketTrailing TP and Trailing SLOptional DCA bot settings: a Take-Profit that moves along with a rising price, and a Stop-Loss that is pulled up behind the peak by one of five strategiesStart conditions: immediate, RSI, SMA, by priceHow to delay the first DCA cycle: by the RSI indicator, by price below a moving average or by reaching a set price, and what the bot sends if the condition stays unmet for a long timeStart by an external signal (webhook)How to start a DCA bot with a signal from TradingView or another source: where to get the address and the token, when a signal is accepted, how to revoke the tokenReinvestment and cooldown between cyclesHow a DCA bot adds part of the profit to the next cycle amount and how long it waits between cycles: ranges, the reinvestment ceiling, the 'Cooldown' statusThe DCA bot cardWhat the DCA bot card shows: parameters, cycles and P&L, the consecutive-stops counter, the cooldown, bot statuses and every control buttonPause, start and stopWhat happens to an open DCA cycle when you pause it, how the bot resumes with the 'Start' button, how stopping is different and why a paused bot still takes a slot in the limitProtections: consecutive stops, leverage × orders, a series of errorsWhen a DCA bot stops or pauses itself: the limit of consecutive stop-losses, a too risky combination of leverage and order count, a series of exchange errors, the Flash Warning, the Kill switch and other automatic checksIf you intervene manually on the exchangeWhat a DCA bot does if you cancel its Take-Profit yourself, close the position, revoke a key, change the position mode or withdraw fundsWhat a DCA bot sends youEvery DCA bot notification: a new cycle, fills, Take-Profit and Stop-Loss, pauses and stops with a reason, warnings; delivery modes and what arrives immediately in any mode