OPEN-SOURCE SCRIPT
Buy The Dip
This Strategy utilizes the average Drawdowns over a specific lookback and prints buy signals when the drawdowns is below the historical average (SMA).
This strategy is extremely effective for LSI, DCA & Leverage opportunities during a bull market.
Be wary that this indicator will print many false signals during e bear market.
This strategy is extremely effective for LSI, DCA & Leverage opportunities during a bull market.
Be wary that this indicator will print many false signals during e bear market.
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.