OPEN-SOURCE SCRIPT
CAGR between 2 points
This script lets you measure the Compound Annual Growth Rate between any two points on the chart.
Instead of estimating performance by eye, you can place two interactive points directly on the chart and the indicator will automatically calculate:
* CAGR
* Total return
* Elapsed time in days and years
It also draws a line between both selected points and displays the result on the chart, making it very useful for quickly comparing long term trends, price runs, and historical compounding.
This is especially helpful when analyzing stocks, indices, ETFs, or any asset where understanding the annualized growth rate matters more than just looking at the raw percentage gain.
**Features**
* Select 2 custom points directly on the chart
* Automatic CAGR calculation
* Shows total return
* Shows elapsed time in days and years
* Draws a visual reference line between both points
* Simple and practical for long term chart analysis
**Use cases**
* Measure the annualized return of a stock from a major low to a major high
* Compare different historical uptrends
* Evaluate whether a trend has compounded at an attractive rate
* Analyze long term performance in a cleaner way than using raw return alone
**How to use**
1. Add the indicator to the chart
2. Select the first point
3. Select the second point
4. Read the CAGR, total return, and time elapsed directly on the chart
Instead of estimating performance by eye, you can place two interactive points directly on the chart and the indicator will automatically calculate:
* CAGR
* Total return
* Elapsed time in days and years
It also draws a line between both selected points and displays the result on the chart, making it very useful for quickly comparing long term trends, price runs, and historical compounding.
This is especially helpful when analyzing stocks, indices, ETFs, or any asset where understanding the annualized growth rate matters more than just looking at the raw percentage gain.
**Features**
* Select 2 custom points directly on the chart
* Automatic CAGR calculation
* Shows total return
* Shows elapsed time in days and years
* Draws a visual reference line between both points
* Simple and practical for long term chart analysis
**Use cases**
* Measure the annualized return of a stock from a major low to a major high
* Compare different historical uptrends
* Evaluate whether a trend has compounded at an attractive rate
* Analyze long term performance in a cleaner way than using raw return alone
**How to use**
1. Add the indicator to the chart
2. Select the first point
3. Select the second point
4. Read the CAGR, total return, and time elapsed directly on the chart
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.