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Dip Analyser Entries with Split Take Profits and Stop Losses

Article OctoBot

Summary

OctoBot’s Dip Analyser trading mode is designed to enter near local bottoms and exit through multiple take profit orders. The document describes it as similar to an evaluator-driven dollar-cost averaging mode, with support for spot and futures markets. Entries can use limit or market orders, and the mode can place stop losses as well as take profits.

Configuration controls how many take profit orders are created. Their prices are spread linearly from the entry price toward a target derived from the entry signal’s price multiplier, while the signal’s strength can affect take profit pricing. Entry size can combine configured or default amounts with a volume multiplier from the signal. The page explains the available mechanics but supplies no performance results or rules for validating local-bottom signals. It therefore describes order management capabilities, not evidence that the approach will identify profitable bottoms.

Key ideas

  • The mode seeks local-bottom entries and exits positions through multiple take profit orders.\nEntries can use market or limit orders, and stop losses can be enabled.\nTake profit prices are linearly distributed between the entry price and a signal-adjusted target.\nEntry size can incorporate configured amounts and a signal volume multiplier.\nThe documentation describes configuration options but reports no evidence of trading performance.

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Full text
# Dip Analyser Trading Mode


---
title: "Dip Analyser trading mode"
description: "Profit from local bottoms and multiple take profits using the Dip Analyser Trading Mode on OctoBot to trade SPOT or futures markets."
sidebar_position: 6
---

# Dip Analyser Trading Mode

The Dip Analyser Trading Mode (or DipAnalyserTradingMode) is designed to buy on local bottoms and sell the bought assets using multiple take profits. It can be compared to an advanced pre-defined evaluator-based [DCA trading mode](dca-trading-mode).

## The Dip Analyser Trading Mode can

- Split take profits into mutliple sell orders to maximize profits
- Use limit or market entry orders
- Use stop losses
- Customize take profit prices based on the local bottom signal strength
- Trade SPOT and Futures markets

## Configuring orders
- The Dip Analyser Trading mode can spit take profits into as many orders as defined in configuration.
- Entry amounts are using both default or configured amounts and the entry signal's Volume multiplier.
- Take profit order prices are linearly spread between the entry price and the entry signal's Price multiplier.
- Entering a Stop loss price multiplier will enable the creation of stop loss orders alongside take profit orders.
- Entry order amounts can be configured using the [order amounts syntax](order-amount-syntax).

Shown in full with attribution under the source's licence. Licence: GPL-3.0

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.