DCA
DCA (Dollar Cost Averaging) is an automated trading strategy where the bot opens trades at predefined time intervals using fixed-size orders.
This approach allows the bot to gradually build a position and reduce the impact of short-term market fluctuations on the final average entry price.
The strategy can operate either without price limits or within a defined trading range. An additional setting is also available to prevent the average entry price from becoming less favorable while building a position.
How the Strategy Works
- The bot opens an initial IN order according to the selected trading direction
- Then new orders are placed at predefined time intervals
- By default, all orders have a fixed size
- If needed, the bot can:
- operate only within a defined trading range
- limit position accumulation based on the average entry price
- stop operating when specified profit or loss conditions are reached
Trade Frequency
Defines how often the bot opens new orders.
Specific Features:
- The first order is created at the nearest time that matches the selected interval in UTC
- For intervals from 30 minutes to 12 hours, the order is created at the nearest aligned interval slot
- For the once-per-day mode, the order is always created at 00:00 UTC
Number of Cycles
Defines how many trading cycles the bot will perform with the selected frequency.
- Once the specified number of cycles is reached, the bot stops opening new orders
- The Unlimited value means the strategy will continue operating without a cycle limit
