Create your targets, set the quantity, set the maximum number of DCA positions and you're ready !
Hello ! A major update is now available for bittrex and binance: FULL support for DCA strategy on crypto quality signals (cqs signals), A trading feature asked since a long time ..
It's so easy! Create your targets, set the quantity, set the maximum number of DCA positions and you're ready ! The targets are the drop percentage you want to trigger for a coin . The quantity is the amount to buy when the target is reached . By buying a coin using the DCA script, you'll create a position. A position include all the orders for the same coin. On the "dca position(s)" block, you can set the maximum number of positions. As always, only by putting your mouse on the tooltip, you'll see all the infos about the DCA scripts!
I made a very cool system to identify all infos about all your currents DCA positions . All DCA orders are identified by a colored circle on your main page, in your orders list. Then, just by putting your mouse on theses circles, you can see in real time all the DCA infos related to a coin , such as:
All DCA trades are identified by a "(DCA)" symbol on your trades history and the profit/loss percentage on your sell trade is based on all the orders of your position, so you'll always see the correct percentage if you sell only one order, or all the orders from the position.
Here is an example of some buy made by the DCA script and a stop loss trade that have closed an DCA position:
When you're using the DCA strategy, the stop loss is always using the average buy rate from your position to calculate the loss percentage. So if you have for example, 3 orders in your DCA strategy, the stop loss will use the buy rate from all theses orders to calculate an unique average price for your position. When you hit the stop loss, the full position is closed! The stop loss will reduce the trades fees by cancelling all orders from the position and place only ONE sell order using all the quantity of your position. It is possible to use the CQS stop loss, or the general stop loss, as you want ! When a position is closed, you can see all details in your logs page (how many orders closed, total quantity, ...)
The last point about this new update, but very important, is that all actions made by the DCA is logged on your log page. So you can see when your reach your first target and the percentage, if the action was correctly executed or if something is wrong (no enought money, api issues, ...), when the stop loss hit your position, how many orders cancelled, how many orders placed to liquidate (should always be 1 ), the quantity liquitaded , the stop loss used, ... Everything is logged !
Of course, I worked on the bot to fix some minor issues and to add new useful features, here is a quick list:
Hope you'll appreciate :) I'm starting now the next update: A new signaling service for binance and bittrex !