Dual RSI DCA - Long Indicator

The Dual RSI DCA - Long Indicator is a signal-only tool that replicates a dollar-cost averaging long workflow with a dual Relative Strength Index (RSI) confirmation system. It identifies oversold reversal entries using a lower-timeframe RSI cross-up, manages a virtual position with up to five averaging fills on a deviation ladder, and triggers exits when the RSI reaches overbought levels—provided a minimum profit threshold is met.

Usage

The indicator identifies local extremes and provides structured entries and exits. Traders can use it to monitor a virtual DCA position directly on the chart, with full transparency on average entry prices, fills, and deployed capital.

The tool utilizes two independent lower-timeframe RSI conditions: one to gate the entry and one to gate the exit. This dual-architecture ensures that the tool filters both ends of the trade. The take profit logic does not fire on a static target; instead, it waits for the RSI to roll over from overbought levels, allowing winning trades to run while still requiring a minimum profit before any close signal is dispatched.

Details

The indicator tracks a virtual position by capturing the entry price and base USDT size. Each subsequent safety order updates the running totals of cost and asset units, ensuring that the average entry, total deployed capital, and profit zones are derived from accurate bookkeeping.

Five deviation thresholds are pre-computed from the base entry (defaulting to 1.30%, 2.99%, 5.18%, 8.04%, and 11.75%). When the price reaches a threshold, the corresponding safety-order signal fires. For automation, every event (base entry, safety orders, and exit) emits a fully-formed JSON alert payload designed for direct consumption by DCA bots via webhooks.

Settings

Order Sizing (Virtual)

• Base Order Size (USDT): The initial entry size used for virtual average-entry computation.
• First AO Size (USDT): The USDT size of the first safety order.
• Order Size Multiplier: The factor by which each subsequent safety order's size grows.

Averaging Orders

• Averaging Orders per Trade: Maximum number of safety orders allowed (up to 10).
• Deviation to First AO (%): Price distance from the base entry for the first safety order.
• Deviation Step Multiplier: Factor that widens each subsequent deviation step.

Entry & Exit Filters

• RSI Timeframe / Length / Level: Configuration for the lower-timeframe RSI gates.
• Minimum Profit (%): The threshold above the average entry price required before an exit can trigger.

DCA Bot Webhook

• Bot ID / Email Token / Pair: Fields used to populate the JSON alert payloads for automation.

FAQ

How do I access Dual RSI DCA - Long Indicator?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Does this indicator include a backtester?

No, this is a signal-only indicator designed for live monitoring and automation. For performance metrics, you should use a companion strategy version with the same parameters.

Is there a built-in Stop Loss?

There is no hard exit signal for moves beyond the safety-order ladder. Risk is structurally capped by the bounded position-size sequence; users can layer additional stop losses on the bot side if required.