DCA ASAP with cool off strategies

One thing I’ve been trying to add to my DCA bots is a cool off strategy. I used to run this with a bot assistant I co-wrote with someone. It would maintain a “sin bin” of pairs and would then update the bot to remove pairs that were in the sin bin.

For example, I might have a DCA bot with pairs from the top 250 on CMC, with max deals count of 20.

Then, the bot assistant would do analysis of pairs that were going crazy and when they hit a peak (that was the secret sauce my co-author had) the pair was put in the sin bin for a day to cool off.

So here the orange boxes are where DOGE-USDT is put in the “sin bin” to cool off for 24 hours when RSI exceeds a threshold (very simple example trigger). The first trip to the sin bin wouldn’t have been worth it, but the second would have because it would have prevented the blow off top where a DOGE DCA deal gets stuck for a week.

Again, this is a very simple example. I’m just trying to illustrate the concept of a “sin bin” with a configurable duration, and configurable triggers.

Does this kind of strategy sound good? Would there be a way of doing that in Gainium now, or with some changes?

There is a change pairs endpoint for Multipair dca bots where it is achievable through python.

Strategy wise it’s a bit hard to tell
Sooner or later you will end up in a coin which will drop like so without the sin bin price action.
If you have a settings plan for that then you are okay

It worked well through 2022, but my fixed bankroll got taken down with FTX collapse!

The secret sauce of the co-creator is what made this cool off decision. But he’s gone quiet recently :pensive:

How is the co-creator? Feral?