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Tokenized Stock Long DCA with RSI and Minimum-Profit Exit Gates

Article Strategy library · Author: 3Commas

Summary

This document outlines a long dollar-cost-averaging setup for a tokenized GOOGL perpetual futures pair. It describes a base order followed by up to eight equal-sized safety orders, placed at expanding price intervals using a step coefficient. The exit is gated by both a 15-minute RSI crossing above its threshold and a minimum profit relative to average entry. The stated configuration uses isolated leverage and disables a stop loss.

The text reports a bot backtest over a stated 169-day period with a positive P&L, but provides no trade-level detail or independent validation. The included script begins to expose order, RSI, date-window, and webhook settings, then cuts off before the execution logic is available. The reported result therefore cannot be checked against the provided excerpt. Averaging down without a stop can accumulate exposure during a sustained decline, and the reported backtest does not establish how the approach behaves in other periods or market conditions.

Key ideas

  • The setup averages into a long position using a base order and additional safety orders at widening price steps.
  • Closing requires both an RSI threshold cross and a minimum profit relative to average entry.
  • The described bot uses isolated leverage and has no stop loss.
  • The document reports a backtest result but supplies no trade-level evidence, and the code excerpt is incomplete.
  • Averaging down without a stop can increase exposure during a prolonged decline.

Tags

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