Buying power against Bitcoin and Ethereum — Indicator by Vu_Nguyen

chartpatterns cycles sentiment buy power

I created a simple tool where you can input your capital (in USD) and it will track your buying power against Bitcoin and Ethereum.
A handy tool for Dollar Cost Averaging and trend following systems.
Default value: You have 1000$

Formula: Buying power = Capital / Underlying assets

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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