JUP RSI Oversold Long Strategy with Fixed DCA Orders
Summary
This long-only strategy for JUPUSDT perpetual futures uses a 4-hour RSI below 28 to arm an entry. It adds up to five averaging orders at fixed declines of 2%, 5%, 9.5%, 16%, and 25% from the base entry, with order sizes increasing by roughly 1.8 times per rung. A fixed take-profit level of 3% above the average entry closes the position. The document says the order ladder bounds further additions at the fifth rung and gives an example maximum deployed capital of about $20,633 on a $100,000 account when all orders fill.
The excerpt includes configurable sizing, commission, slippage, and a backtest date window, but provides no strategy report or realized performance figures. There is no stop loss, so the bounded ladder limits additional orders but does not cap losses if price keeps falling. Its defaults are calibrated for one perpetual market and timeframe; results may differ elsewhere. The script is truncated before its full order and webhook logic, limiting assessment of execution details.
Key ideas
- A 4-hour RSI below 28 arms long entries in the JUP perpetual market.
- Five averaging orders are placed at progressively larger fixed declines from the base entry.
- Order sizes scale upward across the ladder, increasing exposure as price falls.
- A fixed 3% take-profit is specified, and no stop loss is used.
- The document gives a maximum exposure example but no realized backtest performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.