DCA Orders

DCA (Dollar Cost Averaging) Strategy

DCA is a strategy used to gradually enter or exit a position in a token, minimizing the impact of market volatility. By setting up DCA orders, you can automate the process of buying or selling over time, helping to avoid making large purchases or sales at market highs or lows. Here’s a step-by-step guide on how to set up DCA orders for both buying and selling:

DCA Buying Orders

1. Click on Buy.

2. Input Token Info: Provide the contract address, ticker, or appropriate link for the token you wish to buy.

3. Enable DCA: Ensure that the green check mark is selected next to DCA.

4. Set Total Amount: Choose the total amount to purchase, or enter a custom amount.

5. Set Interval: Define the time interval between each buy order. Examples:

   • 30d for 30 days

   • 10s for 10 seconds

   • 5m for 5 minutes

   • 2h for 2 hours

6. Set Duration: Determine the total time for the DCA strategy (e.g., 30 days, 5 minutes).

7. Set Min and Max Price: Specify the price range for executing the transaction. This helps control the price at which purchases are made.

8. Click Create Order to confirm and execute your DCA buy order.

DCA Selling Orders

1. Click on Sell.

2. Select Token: Choose the token you want to sell.

3. Enable DCA: Ensure the green check mark is on DCA.

4. Set Total % to Sell: Choose the percentage of your holdings you wish to sell, or set a custom amount.

5. Set Interval: Define the time interval between each sell order, similar to the buy order settings.

6. Set Duration: Determine how long the DCA selling will continue (e.g., 30 days, 2 hours).

7. Set Min and Max Price: Set a price range for the transaction to execute within.

8. Click Create Order to finalize the DCA sell order.

By using DCA, you can smooth out price fluctuations and strategically scale into or out of a token over time, mitigating the effects of market volatility.