DCAquant

DCA IN/OUT Calculator {DCAquant}

DCA IN/OUT Calculator by DCAquant

The DCA IN/OUT Calculator by DCAquant is a powerful trading tool designed to facilitate dynamic trading strategies with precise control over entry and exit points. This tool operates within the TradingView platform and provides traders with comprehensive functionality to optimize their trading decisions.

Key Features:

Dynamic Buy/Sell Functionality: Users can specify whether they want to buy or sell. The tool allows for flexible trading strategies, adapting to changing market dynamics.

Dollar Cost Averaging (DCA) Settings: The calculator includes customizable DCA settings, enabling traders to allocate their capital efficiently over time. This feature mitigates the impact of market volatility and enhances long-term investment returns.

Real-Time Data Analysis: The calculator performs real-time data analysis to identify optimal entry and exit points. By leveraging price change percentages and median price calculations, traders can make informed trading decisions.

Interactive Table Display: The tool includes an interactive table display, providing users with essential trading metrics such as average entry/exit prices and remaining capital.

How to Use:

Set Buy/Sell Mode: Choose between "Buy" or "Sell" mode to indicate your trading preference.

Specify Start Date: Define the start date you wish to DCA. Use the chart to determine the frequency you want to DCA. a DCA signal will appear at the start of each new candle (1H, 12H, 1D, 2D, 4D, 1W).

Configure DCA Settings: Set the initial capital and allocation percentage for Dollar Cost Averaging to optimize your trading strategy. Recommended 10%.

Monitor Trading Signals: Follow the DCA allocation plotted at the beginning of each candle. The allocation will dynamically adjust on each candle, in an attempt to give you the best entry possible, compared to the median price over that DCA period.

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Disclaimer:

While the DCA IN/OUT Calculator by DCAquant offers valuable insights and functionality for traders, it's essential to remember that all trading involves risks. Past performance is not indicative of future results, and users should exercise caution and perform their own research before making any trading decisions. Additionally, users should consult with a qualified financial advisor to assess their individual risk tolerance and investment goals.

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact DCAquant for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

Please visit dcaquant.com or contact us via info@dcaquant.com or directly on TradingView.

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Warning: please read before requesting access.