OPEN-SOURCE SCRIPT
DCA Anchor Zones [AloneMask]
This indicator will show you the exact buy and sell levels for your DCA Strategy. The indicator contains 2 anchor lines, from which the required percentage change for buy/sell is automatically calculated exactly according to your own strategy settings. When changing the anchor position, the percentage distance of the buy and sell lines dependent on this anchor is automatically recalculated. The anchors can be moved with the mouse or by entering a specific price and time directly in the settings. When the required buy/sell levels are reached, you simply move the anchor and thus create new buy/sell levels. The number of dependent lines, names and style depend on your own strategy settings. Then you just need to set price alerts.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.