Flexible safety orders
D
D_yo_r
Free definition of safety steps and volume scale or required change after the safety order per step to allow every possible DCA strategy and not only those that can be setup currently
There could be a wizard for geometrically spaced safety order steps (which is already possible with the old settings) but with a volume scale that leads to a predfined required change to take profit after the safety order. I’ve done the calculations for that. Feel free to task
There could be a wizard for safety order steps placed exactly a maximum required change to take profit from the current average price (which isn’t possible with the old settings). This should also be combined with a volume scale that leads to a predfined required change to take profit after the safety order. I’ve done the calculations for that. Feel free to task
Short deals as alternative to DCA for long deals at spot market. The deal requires far less additional funds than DCA. The long deal takes care to update the take profit according to the results of the inner short deal. If the deal starts with the minimum order size, it will be necessary to increase the take profit to be able to close the deal to match the minimum order size to close the deal. Or the miminum order size of the base order has to be increased, that the long deal is able to close.
Trailing safety orders that aren’t fix at a level but follow a downtrend until a reversal takes place. It would help if the volume would be scaled accordingly. That could be done by defining the required change after the safety order
Conditional safety orders to not waste money in a continued downtrend but to make it more likely to close the deal after a reversal
Safety orders that follow the price above the base order price if the take profit isn’t reached but the deal already profitable
“There could be a wizard for safety order steps placed exactly a maximum required change to take profit from the current average price […]. This should also be combined with a volume scale that leads to a predfined required change to take profit after the safety order.”
This would for example help to configure safety orders that exactly fit to DCA a leveraged trade:
Leverage 10x, that is liquidation at ~9.75 % deviation. If we place the first safety order at 9 % with enough funds to lower the deviation from the average price to the current price to 2 %. SInce the next liquidation would happen if we drop from that 2 % to 9.75 % again, we might want to place another safety order at 9 % again, …
This isn’t possible currently.
D
D_yo_r
One could even combine stop fix stop losses and safety orders to make DCAing cheaper because it only had to recover a part of the losses of the deal.
Buy
SL at 1 % from previous order's price and with 99 % of the current deal size
CSO with adapted order size
SL at 1 % from previous order's price and with 99 % of the current deal size
CSO with adapted order size
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