How to Use Risk Protect?
Last updated
Last updated
DCA strategy has a Risk Protect function, which provides three options: Off, No increase, and Close.
When holding countertrend positions, the bot will pause increasing to positions if the market price breaks above the price ceiling or below the price fioor. Increasing to positions will only resume once the price returns to the price range.
When holding countertrend positions, once the market price breaks through the preset Price Ceiling or Price Floor , the bot will immediately close all positions. This function is designed to protect capital to the greatest extent and effectively avoid potential huge losses when investors hold counter-trend positions.
However, it should be noted that although choosing to liquidate can stop losses in time, it may also cause a certain degree of partial losses.