Bob Charles

Gunbot Shop Gunbot Forum Bob Charles

Forum Replies Created

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • in reply to: Spot Grid DCA Mutation Project #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.

    in reply to: Javier SG mutation Y Results #10144
    Bob Charles
    Participant
    • Posts: 2
    • Novice

    Do you think there would there be any benefit to adding a bigger (assumed) DCA buy override (if that is possible) when price falls to a detected support level (using Support/Resistance)… as a suggestion for some added smarts in the following phase?

Viewing 2 posts - 1 through 2 (of 2 total)