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Algos - Accumulator Algo Execution
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Written by APEXE3HQ
Updated over a year ago

The Accumulator algo will continuously buy an asset, if a condition is met, after a specified time interval.

This algo operates as follows:

  • Once created, the algo will set itself to WAITING TO BUY mode and wait for the selected time interval to elapse before checking the validity of the relevant condition

  • If the condition is valid, the algo will buy the asset, where the amount bought is equal to the unit amount

  • The algo will keep buying until the allocated amount limit is reached

  • Once the allocated amount limit is reached, the algo will set itself to IDLE mode

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