INJ Long DCA Strategy with RSI Entries and Fixed Averaging Orders

Summary

This document presents a long-only averaging strategy for the INJ perpetual market. It arms an entry when the four-hour RSI falls below its configured oversold threshold, then places up to five additional buy orders at fixed percentage declines from the base entry. Each successive order is larger, creating a scaled accumulation ladder. The position exits when price reaches a fixed profit percentage above its average entry; the described design has no stop loss or trailing exit.

The script states default order sizes, deviations, fee and slippage assumptions, and a bounded maximum exposure if every averaging order fills. It also includes a date-limited backtest configuration and webhook-related inputs, but the provided document is truncated before the full implementation and contains no performance statistics. The larger later orders can leave substantial capital committed during a prolonged decline, while the lack of a stop loss means losses may persist beyond the final rung. The stated settings are calibrated defaults, not proof of robust performance across periods or markets.

Key ideas

• A four-hour RSI oversold reading arms long entries in the INJ perpetual market.
• Five averaging orders are placed at fixed declines from the base price, with order sizes increasing at each rung.
• The exit is a fixed profit target measured above the average entry price.
• The described system has no stop loss or trailing exit, so a deep or prolonged decline can tie up substantial capital.
• The document gives exposure and simulation assumptions but no reported performance results.

Tags

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