Home DCA bot Module and classification of the bots

Module and classification of the bots

Last updated on Aug 16, 2024

The module of DCA bots

A complete DCA bot configuration includes six modules:

  1. Basic：Configure the exchange market, profit coin, side, type of safety order side and name of the bot

  2. Pairs: Configure trading pairs this bot can use

  3. Order volume:Configure the amount of the base order and safety order in each round of transactions

  4. Deal condition:Configure the base order condition and safety order condition for every round of transactions

  5. Target PnL：Configure the target of profit and stop loss, a round of transaction is over when it meets any condition

  6. Trigger: Configure different triggers to intervene in the normal operation of the bot. The trigger can end a round of transactions in advance to achieve the purpose of protecting profit and controlling losses

Two categories of DCA bots

Select different [Exchange market], [Profit coin], [Side] and [Open safety order side] in the basic settings, you can get different DCA bots.However, the [Open safety order side] in basic settings is the most important, because it will deeply affect the two major module configurations of [basic order condition] and [end condition].

Create DCA bot-advance

Here we divide the bots into the two categories: "deviation safety order DCA bot" and "tendency safety order DCA bot" according to the type of safety orders, and then each category can be divided into seven small categories.

"The deviation safety order is Martin Gel's increasing the position adverse the trend, and the tendency safety order is the Livermore's increasing the position in response to the trendency"

Seven Category of deviation safety order

  1. buy in spot market to earn quate coin,and open the safety order when it falls

  2. sell in spot market to earn base coin,and open the safety order when it rises

  3. buy in margin market to earn quate coin,and open the safety order when it falls

  4. sell in margin market to earn quate coin, and open the safety order when it rises

  5. sell in margin market to earn base coin,and open the safety order when it rises

  6. buy in future market to earn settle coin,and open the safety order when it falls

  7. sell in future market to earn settle coin, and open the safety order when it rises

Seven Category of tendency safety order

  1. buy in spot market to earn quate coin,and open the safety order when it rises

  2. sell in spot market to earn base coin,and open the safety order when it falls

  3. buy in margin market to earn quate coin,and open the safety order when it rises

  4. sell in margin market to earn quate coin, and open the safety order when it falls

  5. sell in margin market to earn base coin,and open the safety order when it falls

  6. buy in future market to earn settle coin,and open the safety order when it rises

  7. sell in future market to earn settle coin, and open the safety order when it falls