Reply To: Spot Grid DCA Mutation Project

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#10146
Bob Charles
Participant
  • Posts: 2
  • Novice

Re: “but it would be  nice if we could improve the trades made inside blue rectangle” (when price was dumping)

One method that you could look into is to use the 3 candles rule.  When there is 3 red candles, pause the buy condition until a green candle closes.

Also using the percentage away from an EMA with the 3 candle rule and looking at what volume is doing.  Is it increasing or decreasing.  If volume is decreasing over the last 3 candles then it’s better to wait to DCA.

This typically stops buys occurring then the waterfall appears or typically drops the DCA level down.  I have coded this in pine on TradingView but not in Javascript.