OPEN-SOURCE SCRIPT
SPY200SMA (+4%/-3%) TQQQ/QQQ STRATEGY

Summary of the Improved Strategy: When the price of
SPY is +4% above the 200SMA BUY
TQQQ and when the price of SPY drops to -3% under the SPY 200SMA SELL everything and slowly DCA into
QQQ over the next 6-12 months or until price returns to +4% above the SPY 200SMA at which point you will go back into 100% TQQQ.
Note: (if the price of QQQ goes 30% above the 200SMA of QQQ deleverage to QQQ or Sell to protect yourself from dot com level event)
More info and stats -reddit.com/r/LETFs/comments/1nhye66/spy_200sma_43_tqqqqqq_long_term_investment/
Note: (if the price of QQQ goes 30% above the 200SMA of QQQ deleverage to QQQ or Sell to protect yourself from dot com level event)
More info and stats -reddit.com/r/LETFs/comments/1nhye66/spy_200sma_43_tqqqqqq_long_term_investment/
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.