This script helps with planning on how to exit DCA deals that are in the negative.
The following deal information is required - Current average position price - Funds invested - Required take profit
Additional indicator settings are - The date/time on which to start the simulator - Minimum deviation % to start adding funds - Expected bounceback from when funds are added
The RSI trigger Adding funds is triggered when the selected RSI settings yield a value that is at or beyond the selected threshold.
How it works The amount of funds needed are calculated based on the supplied settings, such that the new average price matches the expected bounceback. It will also show if the exit strategy has failed to hit the TP (this happens when the RSI threshold is hit again)