DCA Strategy

2024년 3월 9일

Introducing the DCA Strategy, a powerful tool for identifying long entry and exit opportunities in uptrending assets like cryptocurrencies, stocks, and gold. This strategy leverages the Heikin Ashi candlestick pattern and the RSI indicator to navigate potential price swings.

Core Functionality:

Buy Signal: A buy signal is generated when a bullish (green) Heikin Ashi candle appears after a bearish (red) one, indicating a potential reversal in a downtrend. Additionally, the RSI must be below a user-defined threshold (default: 85) to prevent buying overbought assets.

Sell Signal: The strategy exits the trade when the RSI surpasses the user-defined exit level (default: 85), suggesting the asset might be overbought.

Backtesting Flexibility: Users can customize the backtesting period by specifying the start and end years.

Key Advantages:

• Trend-Following: Designed specifically for uptrending assets, aiming to capture profitable price movements.
  
• Dynamic RSI Integration: The RSI indicator helps refine entry signals by avoiding overbought situations.
  
• User-Defined Parameters: Allows customization of exit thresholds and backtesting periods to suit individual trading preferences.
  
• Commission and Slippage: The script factors in realistic commission fees (0.1%) and slippage (2%) for a more accurate backtesting experience.
  
• Beats Buy-and-Hold: Backtesting suggests this strategy outperforms a simple buy-and-hold approach in uptrending markets.
  

Overall, the DCA Strategy offers a valuable approach for traders seeking to capitalize on long opportunities in trending markets with the help of Heikin Ashi candles and RSI confirmation.

2024년 3월 12일

릴리즈 노트

• Increased default weekly RSI to 90
  
• Increased the default quantity
  
• Added an additional bearish Heikin Ashi candle check before an entry
  

2024년 3월 16일

릴리즈 노트

• Updated RSI to use the Heikin Ashi close
  

2024년 4월 2일

릴리즈 노트

• Adjusted the entry and exit RSI values
  

2024년 4월 8일

릴리즈 노트

• Added ability to exit partially from an asset in percentage terms (default is 50%);
  
• Updated exit logic: exit when the RSI crosser under the specified value, instead of just being higher than the specified value.
  

2024년 4월 22일

릴리즈 노트

• Removed additional entry check
  
• Added automatic exit calculation
  

2024년 4월 30일

릴리즈 노트

• Added ability to set custom RSI exit value
  
• Added ability to close all trades at specific time