Simple and powerful Rolling CAGR (Compound Annual Growth Rate) script.
Works with daily, weekly, and monthly data. Do not work with data of hours, minutes, seconds, or customized time intervals.
You can change the rolling period, from the default (3 years) to any other period of years. Just change one value in the script.
Plots CAGR lines for a given set of rates from a specified time. It will be helpful to see how the rate of growth of a security's price is changing over a period of time. It also calculates the current CAGR from the time specified. Works on D, W, M timeframes.
Compound Annual Growth Rate
This indicator is the compound annual growth rate to be used on any ticker.
How to use
Add indicator to your chart
Specify a data source (default is the close for the selected ticker)
Specify how many trading days are in a year (252 for stocks & 365 for crypto)
Restrictions
This is only accurate on the daily...