Fibonacci DCA Trend

2021年4月11日

This bot makes use of an algorithm which detects new heights and places limit orders according to the Fibonacci retracement theory. By placing limit orders under the current price, the bot allows itself to catch smaller and larger dips. This is also known as “Dollar-Cost-Averaging”, DCA in short. This bot is ideal for bull markets, both on crypto and stock indices.

The green lines are the limit orders. As soon as the price touches the limit order, a position is entered.

The settings of the back test as follows:
starting capital = 100k
leverage = 1
commission = 0.2%
Equity per trade = 5%, a realistic investment strategy when trading 2-3 assets with this bot.


It’s advised to trade this bot with futures for potential leverage. On time frames lower than H1 I’d use 2x-3x leverage for better results, especially in trending markets. On larger time frames I wouldn’t use any leverage.

This bot has very strong results on a multitude of assets. The best results are on the M15 time frame.

To give you a few ideas, this bot is tested on the assets below. All the results are very similar. You can contact me for a back-test on a specific asset. You can find the back-test results on my website.
BTC
ETH
SPX500
NAS100

The standard inputs are generally the best all-round inputs. Feel free to change the inputs to your liking.

I've also made a study-script for easy implementation on the exchange. You get that script once you get access to this bot.