Dollar Cost Averaging (DCA)
The DCA approach aims to optimize the average entry price of a futures position by aligning it with the current asset price. In order to identify opportune moments for averaging down, Gunbot employs the Ichimoku Tenkan line.
Keep in mind that averaging down inherently increases position size and worsens liquidation price, so exercise caution when using this feature.
Long DCA is triggered when the price is beneath the kumo cloud, and the tenkan line intersects downwards through the candle body at a price 'DCA spread' lower than the previous order.
Short DCA occurs when the price is above the kumo cloud, and the tenkan line crosses upwards through the candle body at a price 'DCA spread' higher than the previous order. If the same event takes place again at a price 'DCA spread' above the prior order, a DCA order is executed.
In order to close a trade, the reverse conditions of initiating it must be met, followed by the completion of ROE scalper trailing.