Absolutno is a pine script strategy for backtesting DCA bots with a different approach for placing both safety orders and take profit levels. Motivation Using DCA bots with safety orders most of the time is great during bull markets but in bear markets and strong downtrends it can be really challenging to close your deals only relying on safety orders placed...
█ OVERVIEW This script can be used to backtest DCA Bots. It draws inspiration from 3Commas and has most settings that are available on 3Commas. It contains a few popular DCA Bot Presets that are well known in the community for you to test out! Preset used here: Kirigakure V4 █ FEATURES DCA Preset (Custom, Standard TA,Urma Lite V3,Kirigakure V1,Kirigakure...
Name: DCA Bot Indicator Category: Dollar Cost Average. Operating mode: Alerts at a specific time, day of the week and day of the month. Trades duration: N/A. Timeframe: 1H Suggested usage: long-term investing DCA strategies. Entry: Only indicates the time and then the day of the week or the day of the month to buy. Exit: As per long-term Investor’s...
Purpose: The DCA Backtest script was designed to backtest the performance of any indicator using DCA bots. "Open Deal ASAP" Deal Start Condition: This script offers "open deal ASAP" deal start condition which will continuously open new deals. IT will wait for the current deal to close before opening a new one. "Script" Deal Start Condition: If you select the...
Simple "benchmark" strategy for ETFs, Stocks and Crypto! Super-easy to implement for beginners, a DCA (dollar-cost-averaging) strategy means that you buy a fixed amount of an ETF / Stock / Crypto every several months. For instance, to DCA the S&P 500 (SPY), you could purchase $10,000 USD every 12 months, irrespective of the market price. Assuming the...