Dollar Cost Average Cost BasisShows the cumulative cost-basis for buying a fixed $ quantity of the asset over various plots: 30 days, 60, 90, 120, 180, and 1-6 years
when the current price is profitable for the DCA plot, fills red
when it will reduce the cost-basis for a DCA investor to buy more, turns green
draws heavier support lines for longer term DCA investors
intensifies colors to show where larger pools of players stand with DCA profitability
Note: since pinescript doesn't have arrays/collections and you can't plot within a for loop anyway, the code repo contains gen.dcacb.sh, which generates the repetitive pinescript using bash.
Source Code here:
github.com
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