Dollar cost averaging (DCA) is a trading mode that can help you lower the amount you pay for investments and
minimize risk. Instead of purchasing investments at a single price point, with dollar cost averaging you buy
in smaller amounts at regular intervals.<br><br><div class="text-center">
<div>
<iframe width="560" height="315" src="https://www.youtube.com/embed/519pwSV1uwE?si=MT9e1Gqp9WWw45Z"
title="Build your own Smart DCA strategy" frameborder="0" allow="accelerometer; autoplay;
clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
</div>
</div><br><br>OctoBot's DCA is more than just a simple regular DCA technique, it allows you to accurately automate your
entries and exit conditions in a simple, yet very powerful way.<br><br>To know more, checkout the
<a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/dca-trading-mode?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=DCATradingModeDocs">
full DCA trading mode guide</a>.<br><br>### In a nutshell
- Entries can be triggered either:
- On a pure time base, regardless of price.
- Upon enabled evaluators maximum signals (only 1 or -1 evaluations). In this case, the latest evaluation will
prevail when using limit entry orders: previous evaluations open orders will be cancelled.
- Entries can be market or limit orders.
- Once an entry is filled, you can choose to exit/sell the assets yourself (manually) or automatically
create a take profit at your price target.
- You can enable stop losses protect your holdings once an entry is filled.
- It is also possible to split entries and exits into multiple orders at regular price intervals to profit even more
from the dollar cost averaging effect.<br><br>Over the long term, dollar cost averaging can help lower your investment costs and boost your returns by optimizing
entry and exit prices according to your goals.<br><br>_Note: When using default configuration, DCA Trading mode will buy 50$ (or unit of the quote currency: USDT for BTC/USDT)
each week._<br><br>
_This trading mode supports PNL history when take profit exit orders are enabled._