#Currently take profit is single transaction. Take profit DCA is still TBD.
This should help you to visualise how DCA strategy under your desired parameters would perform in history.
- Most importantly, it demonstrates the average price movement as DCA buy orders are occurring, providing an easy way to see how your strategy could look like. - Dashboard will show the money spent and how many contracts acquired. - Base order is first order, rest of orders are DCA. - Safety orders are reset when new Higher High is made. - TradingView has limit of 999 open trades, so if your strategy doesn't fit, just reduce the buy frequency to fit longer timeframe.
The script differs from existing published DCA's by: - combining interval DCA & safety order DCA (based on % drops) in single script - visualising on chart the buy levels, average price and profit taking - calculations on dashboard to show the budget used, contracts bought. + max amounts if profit taking is in use