Gainium Logo

DCA Minigrids in Gainium's Combo Bot

DCA Minigrids in the Combo Bot feature is a hybrid trading strategy combining elements of both Grid and DCA strategies. This tool allows you to set up multiple mini-grids within the range of your DCA orders to maximize profits in volatile market conditions. Here’s a detailed breakdown of the settings using the tooltips for reference.

Key Settings for DCA Minigrids:

  1. DCA Orders (5):
    • This setting defines the number of DCA orders the bot will place during a deal. In this example, the bot will place 5 DCA orders. More DCA orders can cover a broader price range and provide more opportunities to buy or sell.
  2. DCA Order Amount:
    • The amount allocated to each DCA order. In this case, it’s 3.178095 USDT per order, which is customizable based on the trader’s risk tolerance and capital.
  3. Orders Step (5%):
    • This determines the percentage price drop required between each DCA order. Setting it to 5% means the bot will place a new order every time the asset’s price drops by 5%.
  4. DCA Minigrid Levels (5):
    • This specifies the number of grid levels within each DCA order. Setting it to 5 levels ensures that after each DCA order is triggered, the bot will place 5 grid orders within that price range to maximize profits from smaller price fluctuations.
  5. Active Minigrids:
    • Enabling this option allows the bot to open buy orders below the current price, creating a grid under the base minigrid instead of placing DCA orders.
  6. Smart Orders:
    • If enabled, this allows the bot to only lock funds for active orders, freeing up capital for other trades until the remaining orders are activated. This is useful for managing capital efficiently when trading multiple assets.
  7. Step Scale:
    • This setting multiplies the percentage step between each DCA order. A Step Scale of 1 means the steps between each order remain constant, while increasing the value progressively widens the gap between each order.
  8. Volume Scale:
    • This multiplier adjusts the amount for each DCA order progressively. A Volume Scale of 1 means the order sizes remain the same, but increasing the value will scale up the amount for each subsequent DCA order.
image.png
DCA Minigrids Combo

Practical Use and Configuration

The DCA Minigrids feature is particularly useful in volatile markets. Here’s how you might configure it:

  • Set DCA Orders to 5 to allow the bot to place 5 orders across different price levels.
  • Use a 5% Order Step to ensure orders are spaced far enough apart to capture meaningful price movements.
  • Configure 5 Minigrid Levels to have grid orders within each DCA, ensuring profits even with small price fluctuations within the range.

Get more profit from your crypto with our trading tools

Skyrocket your profits with the most advanced trading bots in the market

Gainium logo

Gainium - Empower Your Crypto Trading: Research, Deploy, Analyze | Product Hunt

Gainium Pte. Ltd.
68 Circular Rd. #02-01 Singapore (049422)

Community

All rights reserved. Copyright © 2024.

Gainium is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial adviser before making financial decisions.