Dip Buyer
No backtest yet
About this strategy
A customizable template that moves a cash allocation into one broad ETF gradually, buying tranches on dip days, escalating on consecutive dips, with a time backstop so cash never waits forever.
Default parameters
Customize these when you set up your own copy of this agent.
How it works
- Agent triggers
The run starts at 9:45 AM and 3:45 PM each trading day, checking for dip conditions. It also activates if no purchases occur for a specified backstop period.
- Computes its signals
It monitors the selected ETF's daily closes, investing on days it drops by your chosen threshold. Consecutive down days increase investments, allowing for faster buying on declines.
- Sets the target portfolio
The target portfolio consists of a single broad ETF, with investment amounts determined by the dip conditions and escalation settings. Up to 15% can be invested in a single day, depending on consecutive dips.
- Executes orders
Your account trades toward that target, sells before buys, inside the platform's risk rails: stop-loss and daily loss limits you control.
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* Backtest figures are simulated based on historical market data. Past performance is not indicative of future results.