Dollar cost averaging (DCA)

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09 июня 2020, вторник

The Double up method is a Gunbot method for automatically averaging declining assets, also called dollar averaging or DCA. This method allows you to achieve a lower average unit price when prices decline, resulting in a lower possible exit price.

DCA behavior is highly customizable. You can set the following parameters:

  • Trigger for DCA orders: select an RSI range or a price that crosses the upper Bollinger line.
  • The minimum price difference between a buy order in DCA.
  • The number of DCA orders placed.
  • Relation to the amount of currency already available that will be purchased with each DCA order.