DCA bot

PreviousTP + SL combo NextFeatures & setup

Last updated 8 days ago

DCA bot

DEX DCA bot is a versatile tool enabling multiple trading strategies previously only available on cetralized exchnages.

DCA stands for dollar-cost averaging, meaning that the bot enters a position and then places additional orders if the price moves against you, averaging down your cost basis.

The bot automatically adjusts your Take Profit and Stop Loss as your position changes.

After Take Profit or Stop Loss are triggered the bot can either stop or repeat with the same settings.

This enables several use cases for the bot:

SAFETY NET Enter positions knowing that should the market move against you, you'll buy more at a lower price and your TP will be adjusted to reflect that. All without you lifting a finger.
VOLATILITY SCALPER Run the bot on volatile coins on repeat - rack up hundreds of profitable iterations by covering 50%+ price range with averaging orders and going martingale on orders size (each averaging order 2x of previous).
SCALE ORDER If your entry strategy involves placing multiple orders on several levels - use the bot to do that for you. If you don't plan to use the bot's automated TP - set it at an unreasonable level (say, 999%) and stop the bot once it enters the required position.
MULTIPLE TAKE PROFITS If you want to place multiple Take Profits to your existing position, select the position's coin in the bot's "Spend" field. The bot's entry and averaging orders will act as your Take Pofit levels. Set the bot's TP to an unreasonable level so it won't mess with your setup.
BTFD Buy the f*ing dip! Accumulate ETH, BTC, SOL and other top coins automatically taking advantage of the market dips. Trend is your friend - if you believe that the coin will ultimately go up, then the lower it goes the more you want to buy it. DCA bot is the perfect tool for it.

Here is our DCA bot's video overview:

We are also running a dedicated TG channel where we post our best-performing DCA setups - both for centralized and decentralized exchanges. Join to get new trading ideas and share your experience.