Long-Only Dual RSI DCA Strategy with a Deviation Ladder

Summary

This long-only averaging strategy uses one RSI condition to initiate a base position and a separate RSI condition to trigger a take-profit exit. The entry occurs when the configured lower-timeframe RSI crosses upward through its oversold threshold. If price moves against the position, a sequence of averaging orders is added at progressively wider percentage deviations from the base entry, with order sizes increasing according to a multiplier. The exit requires both an upward profit cushion relative to the average position price and a downward RSI threshold cross.

The code includes configurable order counts, deviation spacing, order sizing, date filtering, and webhook alerts. Its description emphasizes that it has no stop loss and bounds planned capital deployment through the limited averaging ladder; this does not cap losses if price continues falling beyond the ladder. The defaults are presented for an INJ perpetual market on a short chart interval. No backtest results or independent performance evidence are supplied, and realized behavior will depend on fees, slippage, fills, and exchange execution.

Key ideas

• A lower-timeframe RSI cross upward through an oversold threshold arms the base long entry.
• Averaging orders add exposure at increasingly distant price deviations, with order sizes growing by a multiplier.
• The exit requires a minimum gain from the average entry and a separate RSI cross downward.
• The strategy has no stop loss, so the finite ladder limits planned deployment but does not bound downside losses.
• The document provides implementation settings but no performance evaluation.

Tags

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