Panda Bottom

Overview

This strategy looks for the bottom of the market after a dump.
Perfect for digging out position stuck in red by buying low to DCA.

Recommended Template: https://www.cryptohopper.com/marketplace/item?item_id=9373
Buy Setting
Cooldown only after buy 1 hours
2 Position per coin.
Auto Merge enabled.

If you intent is just to use to dig out red position and have only one position do the following:
Do not enable auto merge, move the existing coin into reserve.
Whenever there is a purchase, move the reserve coin to position -> merge -> move back to reserve.
I do not support the use of DCA.

Sell Setting
Arm TSL: 1.6%
Trailing TSL: 0.25%
No DCA

Average duration between buy: 12 hours to 3 days
Worst case so far is 6 times purchase before sell with profit. Average is 2
Cater 4 times purchase budget for each coin.

Example:
If you have 15 coin, 100%/15/4 = 1.33% per purchase
If you have 40 coins, 100%/50/4 = 0.625% per purchase.

FAQ:
Why merge and not DCA?
DCA will good if you have very very deep pocket. And DCA point might not be optimal(Could be still on the downtrend or already midway uptrend)

For DCA there is an arbitrary % value which individual have to guess.
For example, you set -6% for DCA double down and the coin drops by 5.9% nothing will happen. Worst case is the coin only move up by 5% and dip again. You missed the chance to sell the uptrend.
Automerge can be view as smaller DCA. Automerge will always buy when a positive buy trigger comes and merged to your reds. So you chance is higher of moving to green is higher.
Using the same example above, coin drops 5.9% and you have a buy signal comes in 2 times during the uptrend, you will definitely clear the bag.
The goal of automerge is not to waste any TA that comes in to signal buy.