Updated ANDERSON DCA strategy (markdown)

taniman 2017-10-22 00:24:54 +02:00
parent d0719be5fe
commit f673174c2b
1 changed files with 11 additions and 11 deletions

@ -47,22 +47,22 @@ The bot again will double our units
Since we have 1.45833332 units of QTUM, the bot will proceed and buy another 1.45833332 units at the current price
Let's say the price is currently 0.00176098
After this purchase goes thru, we will have 2.91666664 units of QTUM
Average Buy price 0.00180247
Average Buy price 0.00180247
**For trigger 4** to kick in, the price would have to drop -5.5% (0.00170333) of our latest average price (0.00180247)
The bot again will double our units
**For trigger 4** to kick in, the price would have to drop -5.5% (0.00170333) of our latest average price (0.00180247)
The bot again will double our units
Since we have 2.91666664 units of QTUM, the bot will proceed and buy another 2.91666664 units at the current price
Let's say the price is currently 0.00170333
After this purchase goes thru, we will have
5.83333328 units of QTUM
Average Buy price 0.00175290
Let's say the price is currently 0.00170333
After this purchase goes thru, we will have
5.83333328 units of QTUM
Average Buy price 0.00175290
**For trigger 5** to kick in, the price would have to drop -5.5% (0.00165649) of our latest average price (0.00175290)
The bot again will double our units
Since we have 5.83333328 units of QTUM, the bot will proceed and buy another 5.83333328 units at the current price
Let's say the price is currently 0.00165649
After this purchase goes thru, we will have 11.66666656 units of QTUM
Average Buy price 0.00170469
Since we have 5.83333328 units of QTUM, the bot will proceed and buy another 5.83333328 units at the current price
Let's say the price is currently 0.00165649
After this purchase goes thru, we will have 11.66666656 units of QTUM
Average Buy price 0.00170469
If the pair does 5 DCA buys, it means that the original price we bought 0.00192000 has fallen around 14% since we bought If we hadnt done any DCA buy, we would have to wait for this pair to gain those 14% back in order to break even, that might take a long time