OPEN-SOURCE SCRIPT

Dollar Cost Average Cost Basis

Updated

Shows the cumulative cost-basis for buying a fixed $ quantity of the asset over various plots: 30 days, 60, 90, 120, 180, and 1-6 years

when the current price is profitable for the DCA plot, fills red
when it will reduce the cost-basis for a DCA investor to buy more, turns green
draws heavier support lines for longer term DCA investors
intensifies colors to show where larger pools of players stand with DCA profitability

Note: since pinescript doesn't have arrays/collections and you can't plot within a for loop anyway, the code repo contains gen.dcacb.sh, which generates the repetitive pinescript using bash.

Source Code here:
https://github.com/atomantic/pine_scripts

Making Money From My Work?
⚡ Lightning Network Satoshi Tips Accepted tippin.me/@antic

With the advent of Bitcoin Lightning Network, you can tip me as little as 1 satoshi (.00000001 ). 1000 satoshi is about $.05 as of this writing. Any amount is appreciated :)

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Eclair Wallet (for Android)

Release Notes

***Update with Continuous Calculation mode by default***

Shows the cumulative cost-basis for buying a fixed $ quantity of the asset over various plots: 30 days, 60, 90, 120, 180, and 1-6 years

when the current price is profitable for the DCA plot, fills red
when it will reduce the cost-basis for a DCA investor to buy more, turns green
draws heavier support lines for longer term DCA investors
intensifies colors to show where larger pools of players stand with DCA profitability
uses a continuous calculation mode to create static reports but has a boolean option for a sliding window (updates as time progresses)

Note: since Pinescript doesn't have arrays/collections and you can't plot within a for loop anyway, the code repo contains gen.dcacb.sh, which generates the repetitive Pinescript using bash.

Source Code here:
github.com/atomantic/pine_script...

Making Money From My Work?
⚡ Lightning Network Satoshi Tips Accepted https://tippin.me/@antic

With the advent of Bitcoin Lightning Network, you can tip me as little as 1 satoshi (.00000001 ). 1000 satoshi is about $.05 as of this writing. Any amount is appreciated :)

Don't have Lightning?

Blue Wallet (for iOS and Android)
Eclair Wallet (for Android)

Release Notes

fixed issue where continuous mode was stopping as soon as it couldn't calculate a quantity (whenever reaching back through the intended start date before the ticker was available on the market). Now it will only calculate having spent and bought shares up to the start of the ticker's availability.

Again, source code in bash :)

Release Notes

Updated rolling window mode to use interval instead of always rolling on daily candles. Now it looks a the active interval and uses that for all the periods.

Release Notes

add blog post and update graphic

Release Notes

remove excess experiment

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

atomantic

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