MGTG

Leonardo Fibonacci DCA Strategy

This strategy consists of the following elements and can all be set by the user.

1. Enter as the price drops.
1) Selection of multi-time frame.
- 30 minutes
- 60 minutes
- 90 minutes
- More than 120 minutes
2) Selection of Order Count
- Order Count == Long entry's qty
3) Selection of First / End indent price gap

It is DCA (Dollar Cost Averaging)
- A DCA strategy is the practice of investing into a currency at preset intervals to reduce the entry price of a position over time and mitigate volatility risk.

For example,
1) Entry Time Frame = 60 minutes
2) Order Count = 10
3) First indent price = 2 %
End indent price = 10 %
=> Starting from a 1% drop in the 60 minutes candle,
10time Long Entry(1%, 2%, 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10%)

thereby getting a better average price for your position and greatly reducing risks from the consequences of volatility .

2. Target Price and Stop Loss
1) Target price : uses the Fibonacci ratio. You can also set the target ratio.

2) Stop Loss : Long entry close when the moving average line cross under the End indent price.

3) Close Deal time : Long entry close after a set period of time has passed since long entry.


You can easily find out what's related by changing the setting value after setting the strategy.
I hope it will help you. Thank you.

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