Short excerpt from a YouTube video by Kosta Ouzas explaining that their algorithm improves on traditional dollar-cost averaging (DCA) bots by waiting during downward trends to seek better prices — functioning similarly to a trailing stop — and claiming superior performance and an ability to pick local bottoms.
But what we're able to do with our algorithm is basically, if, if there's a trend, a downward trend, it's going to try and get a better price, so it's going to have a minimum. That's based on the math, the DCA math. But if it's in a downward trend, it'll wait and hold off, almost like having a trailing stop loss and try to get a better entry. So we've ran our algorithm side by side with traditional DCA bots and it absolutely tears it to shreds because. Because we're able to outperform. And that's also why, when you go through the algorithm, we're actually really good at picking these local bottoms.
