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Dip Analyser Trading Mode

DipAnalyserTradingMode is a trading mode adapted to volatile markets.

It will look for local market bottoms, weight them and buy these bottoms. It never sells except after a buy order is filled.

When a buy order is filled, sell orders will automatically be created at a higher price than this of the filled buy order. The number of sell orders created after each buy can be configured.

A higher risk configuration will make larger buy orders when order size is not configured.

To know more, checkout the full Dip analyser trading mode guide.

Good to know​

  • Ensure enough funds are available in your portfolio for OctoBot to place the initial buy orders.
  • Sell orders are never cancelled by this strategy unless stop losses are enabled, therefore it is not advised to use it on continued downtrends without using stop losses: funds might get locked in open sell orders.
  • Limit buy orders might be automatically cancelled and replaced when a better buy opportunity is identified.

This trading mode supports PNL history.