{"id":3765,"date":"2020-12-17T19:53:52","date_gmt":"2020-12-17T14:23:52","guid":{"rendered":"https:\/\/www.trailingcrypto.com\/support\/?post_type=article&#038;p=3765"},"modified":"2024-03-02T22:05:53","modified_gmt":"2024-03-02T16:35:53","slug":"dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges","status":"publish","type":"article","link":"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges","title":{"rendered":"DCA buy\/sell bots for Long and Short Positions on top crypto exchanges"},"content":{"rendered":"\n<p>DCA bots are a great way to protect losses and reach your target profit in a quicker time compared to buying whole lot at a fixed price. Lets have a quick look at how you can setup up DCA bot in Growlonix.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_75 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69cff6666e86e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69cff6666e86e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\/#Steps_to_Configure_DCA_Bot\" >Steps to Configure DCA Bot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\/#Description\" >Description:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\/#DCA_bot_to_Open_a_Short_position\" >DCA bot to Open a Short position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\/#DCA_bot_in_SignalTrigger_based_Trades\" >DCA bot in Signal\/Trigger based Trades<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_to_Configure_DCA_Bot\"><\/span><strong>Steps to Configure DCA Bot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>STEP 1: Select order type CUSTOM OSO<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-original=\"https:\/\/www.Growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image.png\" alt=\"\" class=\"wp-image-3766\"\/><\/figure>\n\n\n\n<p><strong>STEP 2: Select Stop Buy option in Primary order<\/strong><\/p>\n\n\n\n<p>Click on Add target to add your multiple buy targets. In this example. I have added 4 buy targets at -0.1%, -1%, -2%, -3% with respective quantities relative to main quantity. Fill your total buy quantity as well in the quantity input below coin pair.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"446\" height=\"651\" src=\"https:\/\/www.Growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1.png\" alt=\"\" class=\"wp-image-3767\" srcset=\"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1.png 446w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1-206x300.png 206w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1-329x480.png 329w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1-232x338.png 232w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1-277x405.png 277w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-1-195x285.png 195w\" sizes=\"auto, (max-width: 446px) 100vw, 446px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>STEP 3: Select DCA mode to True from advance options in primary order<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"519\" src=\"https:\/\/www.Growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-1024x519.png\" alt=\"\" class=\"wp-image-3768\" title=\"DCA mode in CUSTOM OSO\" srcset=\"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-1024x519.png 1024w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-300x152.png 300w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-768x389.png 768w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-480x243.png 480w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-667x338.png 667w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-580x294.png 580w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-563x285.png 563w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png 1088w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>STEP 4: Click next button then Select OCO Sell option from secondary Order dropdown.<\/strong><\/p>\n\n\n\n<p>You can also select only TP or SL. You will notice quantity input is disabled this is because quantity in secondary order will be automatically adjusted based on number of filled targets in primary order in real-time. Once done click on submit form.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"451\" height=\"651\" src=\"https:\/\/www.Growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3.png\" alt=\"\" class=\"wp-image-3769\" srcset=\"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3.png 451w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3-208x300.png 208w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3-333x480.png 333w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3-234x338.png 234w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3-281x405.png 281w, https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-3-197x285.png 197w\" sizes=\"auto, (max-width: 451px) 100vw, 451px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Description\"><\/span><strong>Description:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Lets take this example:<\/p>\n\n\n\n<p><br><strong>Primary Order<\/strong> &#8211; STOP BUY -&gt; 3 BUY Targets with DCA enabled:<br>BUY TARGET 1: -0.1% 10$<br>BUY TARGET 2: -1% 20$<br>BUY TARGET 3: -2% 30$<br>BUY TARGET 4: -3% 40$<br><\/p>\n\n\n\n<p><strong>Secondary Order<\/strong> &#8211; OCO -&gt; 1 TAKE PROFIT, 1 STOP LOSS<\/p>\n\n\n\n<p>Take Profit : +3%<br>Stop Loss: -8%<\/p>\n\n\n\n<p><strong>Quantity Auto Adjustment<\/strong><br>When buy target 1 will be hit then both sell orders quantity will be set to 10$, when buy target 2 will be hit then both sell orders quantity will be set to 30$, when buy target 3 will be hit then sell orders quantity will be 60$ and so on.<br>This is how sell orders quantity will be automatically adjusted based on filled buy targets.<\/p>\n\n\n\n<p><strong>Sell Targets Auto adjustment<\/strong><br>when multiple buy targets will be hit then new average buy price will be calculated by bot and stop prices in sell orders will be re-adjusted according to new break-even price or average buy price. In above example when buy target 1 and 2 is hit then average buy price will be -0.55% so Take profit +3% will be re-calculated based on new average buy price and will be equal to +2.45%. As more buy targets will fill, sell targets will keep getting lower in accordance with new average buy price.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"DCA_bot_to_Open_a_Short_position\"><\/span><strong>DCA bot to Open a Short position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Same as above example only different will be order combination in CUSTOM OSO. For short position. You can select Take profit  in primary order and <a href=\"https:\/\/www.growlonix.com\/support\/article\/oco-order-cancels-order\">OCO<\/a> buy in Secondary Order.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"DCA_bot_in_SignalTrigger_based_Trades\"><\/span><strong>DCA bot in Signal\/Trigger based Trades<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>User can setup DCA bot in Signal based orders by adding multiple buy target in the primary order. 1st buy target price will be overridden by buy price from signal message rest buy targets will be calculated based on entry price. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>DCA bots are a great way to protect losses and reach your target profit in a quicker time compared to buying whole lot at a fixed price. Lets have a quick look at how you can setup up DCA bot in Growlonix. Steps to Configure DCA Bot STEP 1: Select order type CUSTOM OSO STEP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3768,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","article-category":[],"article-tag":[],"class_list":["post-3765","article","type-article","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DCA buy\/sell Bots for Long and Short Positions - Growlonix<\/title>\n<meta name=\"description\" content=\"Maximize your trading potential with DCA Bots from Growlonix. Automate your Dollar Cost Averaging strategy for effective investment growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DCA buy\/sell Bots for Long and Short Positions - Growlonix\" \/>\n<meta property=\"og:description\" content=\"Maximize your trading potential with DCA Bots from Growlonix. Automate your Dollar Cost Averaging strategy for effective investment growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges\" \/>\n<meta property=\"og:site_name\" content=\"Growlonix\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/growlonix\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-02T16:35:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1088\" \/>\n\t<meta property=\"og:image:height\" content=\"551\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@growlonix\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DCA buy\/sell Bots for Long and Short Positions - Growlonix","description":"Maximize your trading potential with DCA Bots from Growlonix. Automate your Dollar Cost Averaging strategy for effective investment growth.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges","og_locale":"en_US","og_type":"article","og_title":"DCA buy\/sell Bots for Long and Short Positions - Growlonix","og_description":"Maximize your trading potential with DCA Bots from Growlonix. 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Automate your Dollar Cost Averaging strategy for effective investment growth.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.growlonix.com\/support\/article\/dca-buy-sell-bots-for-long-and-short-positions-on-top-crypto-exchanges#primaryimage","url":"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png","contentUrl":"https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png","width":1088,"height":551,"caption":"Enable DCA Mode in OSO"},{"@type":"WebSite","@id":"https:\/\/www.growlonix.com\/support\/#website","url":"https:\/\/www.growlonix.com\/support\/","name":"Growlonix","description":"Best Crypto Trading Bots &amp; Terminal","publisher":{"@id":"https:\/\/www.growlonix.com\/support\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.growlonix.com\/support\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.growlonix.com\/support\/#organization","name":"Growlonix","url":"https:\/\/www.growlonix.com\/support\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.growlonix.com\/support\/#\/schema\/logo\/image\/","url":"https:\/\/support.growlonix.com\/wp-content\/uploads\/2023\/11\/Group-44.png","contentUrl":"https:\/\/support.growlonix.com\/wp-content\/uploads\/2023\/11\/Group-44.png","width":8085,"height":1833,"caption":"Growlonix"},"image":{"@id":"https:\/\/www.growlonix.com\/support\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/growlonix\/","https:\/\/x.com\/growlonix","https:\/\/www.youtube.com\/@growlonix"]}]}},"uagb_featured_image_src":{"full":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png",1088,551,false],"thumbnail":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-150x150.png",150,150,true],"medium":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-300x152.png",300,152,true],"medium_large":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-768x389.png",699,354,true],"large":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-1024x519.png",699,354,true],"1536x1536":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png",1088,551,false],"2048x2048":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2.png",1088,551,false],"nice-template-blog":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-480x243.png",480,243,true],"nice-single-post":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-667x338.png",667,338,true],"nice-template-masonry-blog":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-580x294.png",580,294,true],"nice-template-search":["https:\/\/www.growlonix.com\/support\/wp-content\/uploads\/2020\/12\/image-2-563x285.png",563,285,true]},"uagb_author_info":{"display_name":"Growlonix","author_link":"https:\/\/www.growlonix.com\/support\/author\/admin"},"uagb_comment_info":0,"uagb_excerpt":"DCA bots are a great way to protect losses and reach your target profit in a quicker time compared to buying whole lot at a fixed price. Lets have a quick look at how you can setup up DCA bot in Growlonix. Steps to Configure DCA Bot STEP 1: Select order type CUSTOM OSO STEP&hellip;","_links":{"self":[{"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article\/3765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/types\/article"}],"author":[{"embeddable":true,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/comments?post=3765"}],"version-history":[{"count":3,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article\/3765\/revisions"}],"predecessor-version":[{"id":4426,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article\/3765\/revisions\/4426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/media\/3768"}],"wp:attachment":[{"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/media?parent=3765"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article-category?post=3765"},{"taxonomy":"article-tag","embeddable":true,"href":"https:\/\/www.growlonix.com\/support\/wp-json\/wp\/v2\/article-tag?post=3765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}