OPEN-SOURCE SCRIPT
Updated

SDCA Deploy

2 687
The "SDCA Deploy" indicator is designed for investors who want to implement a Dollar-Cost Averaging (DCA) strategy in the market. Dollar-Cost Averaging involves spreading your investments over regular intervals to reduce the impact of market volatility and achieve a better average entry price over time. This tool helps you manage and visualize the systematic deployment of funds across multiple assets over a specified period of up to 12 months.

Key Features:

Total Budget Allocation:

  • Set your total budget, which will be distributed across multiple assets based on specified percentages.


Start and End Dates:

  • Define the start and end dates for the deployment period, with a maximum range of 12 months.
  • Customise the appearance of these lines on your chart with different colors, widths, and styles.


Intervals:

  • Specify the number of days between each deployment interval.
  • Customise the appearance of interval lines on your chart.
  • Interval lines display "Deployed" for those that have passed, and the last interval day on the chart says "Deploy" until the chart goes to the next line, which will update and say "Deployed" on the previous line, and the new line will say "Deploy". Future days of interval lines aren't labeled.


Asset Allocation:

  • Pre-set fixed percentages for up to 10 different assets, ensuring the total sums to 100%.
  • If an asset is assigned a 0% allocation, it will not appear in the table.
  • Customise the asset names and their respective percentages.


Visual Indicators:

  • Vertical lines are drawn on your chart to indicate the deployment intervals.
  • Labels are displayed at each interval to indicate whether the deployment is due ("Deploy"), or completed ("Deployed").


Table Display:

  • A table is created on the chart displaying the assets, their respective percentages, total budget allocations, and deployment amounts on each interval.


What to Know:

Budget Management: This script is perfect for managing a total budget and deploying it in parts over a specific period.
Customisable Deployment: Adjust the interval days, asset percentages, and visual aspects to fit your strategy.
Real-Time Updates: The script updates in real-time, indicating the current deployment status, making it easy to keep track of your investment schedule.
Simple Visualisation: The clear visual lines and labels make it easy to understand the deployment schedule at a glance.
Exclusion of Zero Allocation Assets: Assets with a 0% allocation will not be displayed in the table, keeping it clean and relevant.

How to Use:

  1. Set Your Budget: Enter the total amount you plan to invest.
  2. Define Deployment Dates: Choose the start and end dates for your deployment period (up to 12 months).
  3. Adjust Intervals: Set the number of days between each deployment.
  4. Allocate Percentages: Enter the asset names and their respective allocation percentages. Assets with 0% allocation will not appear in the table.
  5. Visual Customisation: Customise the colors, line widths, and styles for better visualisation.


Ideal For:
This tool is ideal for young investors looking to implement a disciplined, systematic investment strategy. It helps ensure you spread your investments over time, reducing the risk of market timing and promoting a consistent approach to asset allocation.
Release Notes
The "SDCA Deploy" indicator is designed for investors who want to implement a Dollar-Cost Averaging (DCA) strategy in the market. Dollar-Cost Averaging involves spreading your investments over regular intervals to reduce the impact of market volatility and achieve a better average entry price over time. This tool helps you manage and visualize the systematic deployment of funds across multiple assets over a specified period of up to 12 months.

Key Features:

Total Budget Allocation:

  • Set your total budget, which will be distributed across multiple assets based on specified percentages.


Start and End Dates:

  • Define the start and end dates for the deployment period, with a maximum range of 12 months.
  • Customise the appearance of these lines on your chart with different colors, widths, and styles.


Intervals:

  • Specify the number of days between each deployment interval.
  • Customise the appearance of interval lines on your chart.
  • Interval lines display "Deployed" for those that have passed, and the last interval day on the chart says "Deploy" until the chart goes to the next line, which will update and say "Deployed" on the previous line, and the new line will say "Deploy". Future days of interval lines aren't labeled.


Asset Allocation:

  • Pre-set fixed percentages for up to 10 different assets, ensuring the total sums to 100%.
  • If an asset is assigned a 0% allocation, it will not appear in the table.
  • Customise the asset names and their respective percentages.


Visual Indicators:

  • Vertical lines are drawn on your chart to indicate the deployment intervals.
  • Labels are displayed at each interval to indicate whether the deployment is due ("Deploy"), or completed ("Deployed").


Table Display:

  • A table is created on the chart displaying the assets, their respective percentages, total budget allocations, and deployment amounts on each interval.


What to Know:

Budget Management: This script is perfect for managing a total budget and deploying it in parts over a specific period.
Customisable Deployment: Adjust the interval days, asset percentages, and visual aspects to fit your strategy.
Real-Time Updates: The script updates in real-time, indicating the current deployment status, making it easy to keep track of your investment schedule.
Simple Visualisation: The clear visual lines and labels make it easy to understand the deployment schedule at a glance.
Exclusion of Zero Allocation Assets: Assets with a 0% allocation will not be displayed in the table, keeping it clean and relevant.

How to Use:

  1. Set Your Budget: Enter the total amount you plan to invest.
  2. Define Deployment Dates: Choose the start and end dates for your deployment period (up to 12 months).
  3. Adjust Intervals: Set the number of days between each deployment.
  4. Allocate Percentages: Enter the asset names and their respective allocation percentages. Assets with 0% allocation will not appear in the table.
  5. Visual Customisation: Customise the colors, line widths, and styles for better visualisation.


Ideal For:
This tool is ideal for young investors looking to implement a disciplined, systematic investment strategy. It helps ensure you spread your investments over time, reducing the risk of market timing and promoting a consistent approach to asset allocation.

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.