Customize QubitRise DCA Bot Settings

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When you navigate to the DCA Bot creation page, you will be able to select an exchange and a currency pair. Select an exchange from the drop-down list of [Exchange], and a currency pair from the drop-down list of [Pair].

In [Basic Settings], enter the amount of [Base Order] in quote currency. [Base Order] is the first order to fill when the DCA Bot starts.

In [Target Profit], enter your desired profit condition that the DCA Bot will stop trading when achieved. You can set the target profit as a percentage of the size of base order, or you can set the target profit as a percentage of the size of total investment amount which includes both base order and DCA orders.

[Stop Loss]

This is an optional entry which allows you to set a stop loss percentage from the base order price. And choose an action when the stop loss condition is triggered. You can close the deal and stop the bot, or you can simply stop the bot.

In [DCA Order Settings], you can set your DCA strategy that lowers the average cost by buying more when the price decreases for the base currency. [DCA Order Amount] is the amount of your first DCA order when the price decreases. [Max DCA Orders Count] is the max open DCA limit orders. [DCA Order Amount Multiplier] is the amount ratio between two next DCA orders. [Price Deviation to Open DCA Orders] is the price step from the initial order, and [DCA Order Step Multiplier] controls the price step ratio.

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