This section follows on from the information contained in the following locations. Please read them first.
- DCA Buy and Sell Logic
- DCA Level Specific Settings
Dollar-cost averaging (DCA) can be used dynamically to buy additional amounts of a particular coin, as it decreases in value, in order to lower your average combined purchase price for the coin.
Be aware that if your DCA buys go past all the levels you set or skip any numbered levels, DCA buys will use the default un-numbered settings.
When using
DEFAULT_DCA_A_buy_strategy = PROFITPERCENTAGE
The DEFAULT_DCA_A_buy_value_X setting determines the price point in a negative percentage, at which your buy strategy allows another DCA buy.
So if you have a coin and want to allow a DCA buy at -2%, your trigger setting should be -2.
Decimals are allowed as above; if you use less than a whole number one (1), format with a leading zero (i.e -0.50%)
The DEFAULT_DCA_buy_percentage_X setting determines the percentage amount of the DCA buy, measured by your existing coin holdings.
So if you want to buy 100% of your existing coin balance, your buy percentage would be 100.
If you want to buy 50% of your current coin balance, your buy percentage would be 50.
The following examples assume that all buying strategies are (true) and would otherwise allow the DCA buy.
You first need to setup your triggers.
You can set any number of buy_percentage amounts, but you only need to set as many as you are using with the DEFAULT_DCA_max_buy_times setting.
We will use the following as an example.
DEFAULT_DCA_A_buy_strategy = PROFITPERCENTAGE
#Default buy value
DEFAULT_DCA_A_buy_value = -3
DEFAULT_DCA_A_buy_value_1 = -1.0
DEFAULT_DCA_A_buy_value_2 = -1.75
DEFAULT_DCA_A_buy_value_3 = -2.25
#Default buy_percentage
DEFAULT_DCA_buy_percentage = 5
DEFAULT_DCA_buy_percentage_1 = 100
DEFAULT_DCA_buy_percentage_2 = 50
DEFAULT_DCA_buy_percentage_3 = 33.33
No number at end = When no numbered levels are present, DCA buys will use the DCA default un-numbered settings
_1 = When PROFITPERCENTAGE BSV is <= -1.0% AND your DCA strategies are true, buy 100% of current coin holdings
_2 = When PROFITPERCENTAGE BSV is <= -1.75% AND your DCA strategies are true, buy 50% of current coin holdings
_3 = When PROFITPERCENTAGE BSV is <= -2.25% AND your DCA strategies are true, buy 33.33% of current coin holdings
If no default is set, and no level specific value is found, ProfitTrailer can not complete the buy.
In the above example:
Each trigger level is defined by the number at the end of the setting string (1, 2, 3, etc…)
1 is the first time it buys in DCA, 2 is the second, etc.
Absent a specific level, the default is used. If you skip level 2, it will use the default un-numbered setting.
The percentages in the above example show what would happen if you wanted to buy the same amount as the initial buy, for 3 times.
Let’s say for example you have NEO and your initial pairs log buy is 10 NEO coins.
the 1st DCA buys 100% of your current coin balance, 10 coins, adding 10 coins (100%), so now you own 20 coins.
the 2nd DCA buys 50% of your current coin balance, 20 coins, adding 10 coins (50%), so now you own 30 coins.
the 3rd DCA buys 33.33% of your current coin balance, 30 coins, adding 10 coins (33.33%), so now you own 40 coins.
You can go on much longer buying roughly 10 coins each time. Remember that a partial fill will throw off the future calculations.
DEFAULT_DCA_buy_percentage_1 = 100
DEFAULT_DCA_buy_percentage_2 = 50
DEFAULT_DCA_buy_percentage_3 = 33.33333333
DEFAULT_DCA_buy_percentage_4 = 25
DEFAULT_DCA_buy_percentage_5 = 20
DEFAULT_DCA_buy_percentage_6 = 16.66666667
DEFAULT_DCA_buy_percentage_7 = 14.28571429
DEFAULT_DCA_buy_percentage_8 = 12.5
DEFAULT_DCA_buy_percentage_9 = 11.11111111
DEFAULT_DCA_buy_percentage_10 = 10
DEFAULT_DCA_buy_percentage_11 = 9.09090909
DEFAULT_DCA_buy_percentage_12 = 8.33333333
DEFAULT_DCA_buy_percentage_13 = 7.69230769
DEFAULT_DCA_buy_percentage_14 = 7.14285714
DEFAULT_DCA_buy_percentage_15 = 6.66666667
DEFAULT_DCA_buy_percentage_16 = 6.25
DEFAULT_DCA_buy_percentage_17 = 5.88235294
DEFAULT_DCA_buy_percentage_18 = 5.55555556
DEFAULT_DCA_buy_percentage_19 = 5.26315789
DEFAULT_DCA_buy_percentage_20 = 5
... through to 100 levels
CAUTION: This example will buy 100% of your current holding, effectively doubling it each time it buys. This scenario could use your available balance very quickly.
DEFAULT_DCA_A_buy_strategy = PROFITPERCENTAGE
DEFAULT_DCA_buy_value_1 = -1
DEFAULT_DCA_buy_value_2 = -1
DEFAULT_DCA_buy_value_3 = -2
DEFAULT_DCA_buy_value_4 = -3
DEFAULT_DCA_buy_value_5 = -5
DEFAULT_DCA_buy_percentage = 100