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DCATrading Mode

Dollar cost averaging (DCA) is a trading mode that can help you lower the amount you pay for investments and minimize risk. Instead of purchasing investments at a single price point, with dollar cost averaging you buy in smaller amounts at regular intervals.

OctoBot's DCA is more than just a simple regular DCA technique, it allows you to accurately automate your entries and exit conditions in a simple, yet very powerful way.

To know more, checkout the full DCA trading mode guide.

In a nutshell​

  • Entries can be triggered either:
    • On a pure time base, regardless of price.
    • Upon enabled evaluators maximum signals (only 1 or -1 evaluations). In this case, the latest evaluation will prevail when using limit entry orders: previous evaluations open orders will be cancelled.
  • Entries can be market or limit orders.
  • Once an entry is filled, you can choose to exit/sell the assets yourself (manually) or automatically create a take profit at your price target.
  • You can enable stop losses protect your holdings once an entry is filled.
  • It is also possible to split entries and exits into multiple orders at regular price intervals to profit even more from the dollar cost averaging effect.

Over the long term, dollar cost averaging can help lower your investment costs and boost your returns by optimizing entry and exit prices according to your goals.

Note: When using default configuration, DCA Trading mode will buy 50$ (or unit of the quote currency: USDT for BTC/USDT) each week.

This trading mode supports PNL history when take profit exit orders are enabled.