We know how difficult it can be to choose the right settings for your DCA bot.
We tried to help you with our new addition - the DCA bot's strategies:
In the DCA creation form, you can choose the Strategy by clicking on the "Strategy presets" button at the top right corner of the page:
Classic trading.
This strategy is a good suit for Spot exchanges and is dedicated to trading Long. The main settings are very handy when the market is rising.
The settings of this strategy include:
Trading pair - ETH/USDT - Single pair bot;
Trade start condition - ASAP;
Base order and averaging order size - 15 USDT (Quote);
Take Profit - 1% (Coinbase Advanced TP=2.4%);
Averaging orders - 3 total and 3 active;
Price deviation to open averaging orders (% from initial order) - 1%;
Averaging order step multiplier = 4%;
Averaging order volume multiplier = 1.7;
No Stop Loss;
Other settings are set by default.
Super power.
This strategy is designed for Long trading on the Futures market. It allows you to set the leverage up to x125.
The settings of this strategy include:
Trading pair - ETHUSDT/USDT (perpetual contract) - Single pair bot;
Trade start condition - ASAP;
Base order and averaging order size - 15 USDT (Quote);
Take Profit - 1% (Coinbase Advanced TP=2.4%);
Averaging orders - 3 total and 3 active;
Price deviation to open averaging orders (% from initial order) - 1%;
Averaging order step multiplier = 4%;
Averaging order volume multiplier = 1.7;
No Stop Loss;
Other settings are set by default.
Super speed.
This is the same as Super power above but for Short trading on Futures. Suits for quick and aggressive trading on a descending market. 3 averaging orders will help to handle the market volatility and minimize the risk
The settings of this strategy include:
Trading pair - BTCUSDT/USDT (perpetual contract);
Trade start condition - ASAP;
Base order and averaging order size - 0.001 BTCUSDT equivalent in USDT;
Take Profit - 1% (Coinbase Advanced TP=2.4%);
Averaging orders - 3 total and 3 active;
Price deviation to open averaging orders (% from initial order) - 1%;
Averaging order step multiplier = 4%;
Avergaing order volume multiplier = 1.7;
No Stop Loss;
Other settings are set by default.