Articles on: Trading With EazyBot

How is the AV Price for the EazyBot Strategy 3.0 calculated?

The enhanced version of the bot operates with Independent Covers.
Initially, it sets the first buy price as the Average.
As the market dips and additional Covers are bought, this average price remains unchanged.
Profits from sold covers are used to reduce the Average Price: 10% of profits from Covers 1 to 4 and 50% from all subsequent Covers.

Once the adjusted average price aligns with the price of Cover 1, it merges into the average, and the process repeats for subsequent covers.
The Cycle completes when the Market Price exceeds the Average Price by 3%, followed by a -0.5% Retracement, at which point the bot closes the Cycle.

Updated on: 30/11/2023