DCA Strategy with Hedging

hace 4 días

This strategy implements a dynamic hedging system with Dollar-Cost Averaging (DCA) based on the 34 EMA. It can hold simultaneous long and short positions, making it suitable for ranging and trending markets.

Key Features:

• Uses 34 EMA as baseline indicator
  
• Implements hedging with simultaneous long/short positions
  
• Dynamic DCA for position management
  
• Automatic take-profit adjustments
  
• Entry confirmation using 3-candle rule
  

How it Works
Long Entries:

• Opens when price closes above 34 EMA for 3 candles
  
• Adds positions every 0.1% price drop
  
• Takes profit at 0.05% above average entry
  

Short Entries:

• Opens when price closes below 34 EMA for 3 candles
  
• Adds positions every 0.1% price rise
  
• Takes profit at 0.05% below average entry
  

Settings

• EMA Length: Controls the EMA period (default: 34)
  
• DCA Interval: Price movement needed for additional entries (default: 0.1%)
  
• Take Profit: Profit target from average entry (default: 0.05%)
  
• Initial Position: Starting position size (default: 1.0)
  

Indicators

• L: Long Entry
  
• DL: Long DCA
  
• S: Short Entry
  
• DS: Short DCA
  
• LTP: Long Take Profit
  
• STP: Short Take Profit
  

Alerts
Compatible with all standard TradingView alerts:

Position Opens (Long/Short)
DCA Entries
Take Profit Hits

Note: This strategy works best on lower timeframes with high liquidity pairs. Adjust parameters based on asset volatility.