Overview
Use this bot to "accumulate" or buy a certain amount of assets over time. This strategy is useful in achieving an average price when uncertainty about future prices exists or a large quantity needs to be purchased.
Details
You can use this bot to split up a large order over time, sending a maximum of 1 order per minute. The total run time can be a few minutes to years - it's up to you how you use this bot.
Examples
Buy $10,000 USD worth of BTC, over 10 days. By setting your "Amount per Order" to $1000, the bot will place 1 order per day for 10 days until $10K has been spent or 10 days have elapsed.
Buy 1 BTC worth of ETH, over 30 days. By setting your "Amount per Order" to 0.001389 BTC, the bot will place 1 order per hour for 30 days until 1 BTC has been spent or 30 days have elapsed.
Accumulator Settings
Spend Per Order: The amount to spend per order.
Place Order Once Every: The frequency at which to place an order.
Order Types
This strategy sends all orders as Market orders.