INTC Long DCA with RSI and Minimum-Profit Exit Conditions

Summary

This document describes a long-only dollar-cost averaging setup for an INTC-linked USDT perpetual futures market. It starts with a base order and adds equal-sized safety orders as price falls, using progressively wider price steps. The configuration specifies isolated leverage and a cap on the number of additions. To close, the setup requires both an RSI crossing above its threshold on a 15-minute timeframe and a minimum gain relative to average entry; no stop loss is configured.

The script header refers to a long backtest period and provides execution assumptions such as fees and slippage, but it directs readers elsewhere for the profit and does not state any result here. The available text is truncated partway through the script, limiting review of its full implementation. With no stop loss and repeated averaging into declines, exposure can accumulate while a position remains open; the stated exit gate can also delay closing until both conditions are met.

Key ideas

• The strategy adds safety orders as price declines, with equal order sizes and expanding price steps.
• It trades long only and uses an RSI cross plus a minimum unrealized profit as joint exit conditions.
• The configuration specifies isolated leverage and disables stop loss.
• The document gives backtest assumptions but no performance result, and the script excerpt is incomplete.
• Averaging into falling prices can accumulate exposure while the exit conditions remain unmet.

Tags

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