Smart DCA bot: buy only below the 200-day average
Dollar-cost average automatically, but pause buying when price is above its long-term average.
Plain DCA buys at every price. This version keeps the daily habit but only buys while the close is below the 200-day moving average, so more of your budget goes in when the market is relatively cheap. In long bull runs it may not buy for months, which is the trade-off.
The rule in Follow
Buy a fixed amount each day, but only while price is below its 200-day average.
Four steps to automated trading
- 1
Link an exchange account: A trade-only API key, locked to the IP address Follow gives you.
- 2
Create your first strategy: Describe it in a sentence or start from a template.
- 3
Backtest it: See how it would have bought and sold over the last 800 candles.
- 4
Start it: Pick the account and it follows the rules on every candle.
Questions
- Does Follow guarantee profits?
- No. Follow executes the rules you set. Markets move, and any strategy can lose money. You choose the pairs and parameters and you own the results.
- Can Follow withdraw my funds?
- No. We reject any API key with withdrawal permission. Your assets stay on your exchange account.
- How accurate is the backtest?
- It replays your rules on the latest 800 closed candles and fills at the next candle's open. It ignores fees and slippage, so treat it as a rule check, not a promise.
More guides
Follow.Finance is a software tool that executes rules you define. It is not investment advice and does not guarantee any profit or loss. Crypto assets are highly volatile.