This is a backtesting script that demonstrates the power of incorporating dollar cost averaging into your trading strategies. Catch the bottom of those lightning fast dips buy placing your limit orders ahead of time.
Four entry conditions have been included: - ASAP mode - Quickfinger's Luc - Bullish pivot point - Bearish pivot point
An EMA-based entry condition filter is included
Placement of all DCA orders is adjustable, and "take profit" % is also variable and can depend on the size of the price dip.
Release Notes
Added the ability to make short trades 2 independent EMAs are used to filter long and short entry conditions
Release Notes
fixed the bounce % input for QFL entries
Release Notes
changed data table format to match the QaSH DCA Daytrader script
Release Notes
aesthetic update
Release Notes
aligned with "daytrader" script added "tick overshoot" input specified that orders must be placed when the bar has closed.
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