Market Trading Tools - BOOM DCA

1 Jul 2020

Our DCA tool is an indicator that is mostly based on RSI. The DCA tool is there to let you know where you should start averaging your entries or longing or shorting a financial asset. It can also give you an idea about when a market can start going the other way depending on the time frame you are using.

DCA will signal two different buy signals and two different sell signals L/L1 - S/S1. S is for Short and L is for long. These signals can be used according to your own desire, S1 and L1 are a condition and S and L are a condition, it is rare when both will occur close to each other but in some cases they can be close depending on market situation. The indicator algorithm is based on 2 indicators, when these two intersect, the signals will be fired once the conditions are met.

** Our Indicator does not repaint.

** It can be used on any financial market; crypto, stocks or forex. We also encourage using time frames as law as the 15 minutes and above. The use of a higher than 4hr time frame requires special settings and once you have access to it, you can change the parameters as you want. We have enabled our users to freely use the settings as they wish and to their on discretionary.

Once you are granted access to use it, add it from going into the scripts >> invite only scripts >> enable the indicator. Once the indicator is added to your chart you will see the indicator popping up on your chart.

We believe that we have not seen a similar indicator, and we are proud of our work and we will continue updating the indicator when we believe it is necessary according to market changes.

Good luck! and stay safe!


** If you are interested in this indicator, please use the link below to obtain access to it.