BitCopy
Auto DCA Bot
Updated New Algo as of October 2023
5 Min Automated BTC DYNAMIC DCA bot.
BUY Conditions:
1. Bot triggers initial buy based on MA Cross and RSI Filters.
2. This DCA bot does not employ fixed percentage price drops for Dollar-Cost Averaging (DCA). Instead, it dynamically triggers DCA buys based on Fibonacci retracement levels, moving averages, the Relative Strength Index (RSI), and, as an additional risk mitigation measure, it will only initiate a DCA buy if there is a minimum price decrease from the previous DCA, avoiding DCA buys at the same price levels.
Bot will DCA up to 9 buys.
3. Bot uses 3x leverage
Take profit = 0.5% - 2%
Stop Loss = 26% drop after last DCA
BACKTEST:
> Ratio Avg Win / Avg Loss : 5.7
> Profit Factor 21.169
> 78.57% Profitable
5 Min Automated BTC DYNAMIC DCA bot.
BUY Conditions:
1. Bot triggers initial buy based on MA Cross and RSI Filters.
2. This DCA bot does not employ fixed percentage price drops for Dollar-Cost Averaging (DCA). Instead, it dynamically triggers DCA buys based on Fibonacci retracement levels, moving averages, the Relative Strength Index (RSI), and, as an additional risk mitigation measure, it will only initiate a DCA buy if there is a minimum price decrease from the previous DCA, avoiding DCA buys at the same price levels.
Bot will DCA up to 9 buys.
3. Bot uses 3x leverage
Take profit = 0.5% - 2%
Stop Loss = 26% drop after last DCA
BACKTEST:
> Ratio Avg Win / Avg Loss : 5.7
> Profit Factor 21.169
> 78.57% Profitable
The Closed P&L does not include the transaction fee and funding rate of the crypto currency exchange. BitCopy is free to use.