Ability to autoinvest on a defined price swing (e.g. -2.5%) | Voters

Ability to autoinvest on a defined price swing (e.g. -2.5%)

complete

Tom & Anaïs Adams

An auto invest feature that automatically purchases a defined stock/ETF when it's price movement fluctuates below a certain threshold (e.g. -2.5%)

September 15, 2022

Hayden Smith

marked this post as

complete

We have developed a buy-the-dip feature which can be checked out and setup through our automate functionality: https://pearler.com/automate

Jesse Xu

Hayden Smith hi how does the feature work. I'm a bit confused about period I.e. 1 month vs 12 months. Is that period of activity for the option or an actual calculation?

Hayden Smith

Jesse XuHey Jesse, what we implemented is a little different to the request and should be explained when you check out the buy the dip setup on the automate page :)

Jesse Xu

Hayden Smith thank you. Apologies but I'm not fully understanding how it calculates it from the description. Is the buy the dip automate triggered if the price moves below a specific DMA and what happens if I set my period for 1 month vs 12 months. Is that referring to the length of my automation or is that referring to how it calculates the DMA?

Hayden Smith

Jesse Xu It's the period used in the calculations. It will remain active until it is turned off :)

Jesse Xu

Hayden Smith thank you