DCA
Last updated
Last updated
The DCA buy settings can be found once you have pasted a contract address in the bot. Once pasted you will have three parameters to decide on.
Amount: The total amount of SOL you want to buy.
Split Over: Over how many transactions you want your desired SOL to be bought over.
Interval: In what intervals you want your SOL to be bought.
In the example above, the bot will buy 1 SOL in total, split over 10 transactions, and it will buy every 1 hour. Another way to look at this, is, the bot will make 10x 0.1 SOL buy transactions every hour for the next 10 hours.
The DCA function can also be used to sell tokens. The slight difference is, is that the bot will sell a specific amount of tokens as opposed to SOL.
In the example above, the bot will sell a total of 100 tokens over 10 transactions, and it will sell every hour. i.e. The bot will make 10x sell transactions every hour for the next 10 hours for 10 tokens in each transaction. The bot will also give a schedule preview as seen below:
Price Range Limits can also be turned on if you want your DCA to only take place between a certain Market Cap or Price.