OPEN-SOURCE SCRIPT

DCA After Downtrend (by BHD_Trade_Bot)

The purpose of the strategy is to identify the end of a short-term downtrend. So that you can easily to DCA certain amount of money for each month.


ENTRY
The buy orders are placed on a monthly basis for assets at the end of a short-term downtrend:
- Each month condition: In 1-hour time frame, each month has 240 candles
- The end of short-term downtrend condition: use MACD for less delay


CLOSE
The sell orders are placed when:
- Is last bar


The strategy use $1000 and trading fee is 0.1% for each order.

Pro tip: The 1-hour time frame for TSLA has the best results on average:
- Total spent: $1000 x 85 = $85,000
- Total profit: $790,556
DCAdowntrendExponential Moving Average (EMA)Moving Average Convergence / Divergence (MACD)uptrend

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