Doge SMA is a long-only moving-average crossover strategy drawn on the price chart. It calculates a fast and a slow simple moving average of close and enters a long position when the fast average crosses above the slow average, but only inside a user-defined s
Strategy · Pine Script v4 · On the chart
Buy every Month
This strategy simulates a monthly dollar-cost averaging investment plan over a user-defined date range.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code54
Settings7inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
54 lines of Pine Script v4 from Buy every Month.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Embit0one
//@version=4
strategy("Buy every Month",pyramiding=10000, overlay=true,initial_capital=0,default_qty_type=strategy.cash,default_qty_value=500,currency = currency.EUR,commission_type=strategy.commission.cash_per_order,commission_value=0)
//INPUTS##################################################################################################################
iniordersize = input(title="Ordersize / Sparrate", type=input.integer,defval=500)
// Input for Date Range
startDate = input(title="Start Date", type=input.integer,
defval=1, minval=1, maxval=31)
startMonth = input(title="Start Month", type=input.integer,
defval=1, minval=1, maxval=12)
startYear = input(title="Start Year", type=input.integer,
defval=2020, minval=1800, maxval=2100)
endDate = input(title="End Date", type=input.integer,
defval=7, minval=1, maxval=31)
endMonth = input(title="End Month", type=input.integer,
defval=04, minval=1, maxval=12)
endYear = input(title="End Year", type=input.integer,
defval=2021, minval=1800, maxval=2100)
endDate1=endDate-1
//Check if in Date Range
inDateRange = (time >= timestamp(syminfo.timezone, startYear, startMonth, startDate, 0, 0)) and (time < timestamp(syminfo.timezone, endYear, endMonth, endDate1, 0, 0))
//Ordersize calculation#######################################################
var ordersize = 0
ordersize:=floor(iniordersize/close)
var float insgesamtinvestiert = 0
//Open Position at beginning#####################################
var firsttrade=true
longCondition = inDateRange
longnow=false
if(firsttrade and inDateRange)
strategy.entry("My Long Entry Id", strategy.long,ordersize)
longnow:=true
insgesamtinvestiert:= insgesamtinvestiert + (ordersize*close)
firsttrade:=false
if(longCondition and strategy.position_size > 0)
longnow:=true
//Start of new Month, open a possition
if(longCondition and strategy.position_size > 0 and month>valuewhen(longnow, month ,1) or longCondition and strategy.position_size > 0 and year>valuewhen(longnow, year ,1) and inDateRange)
strategy.entry("My Long Entry Id", strategy.long,ordersize)
insgesamtinvestiert:= insgesamtinvestiert + (ordersize*close)
//Close all positions when End Date
if(time > timestamp(syminfo.timezone, endYear, endMonth, endDate1, 0, 0))
strategy.close_all()
//print sum of investeted capital#########################################################################################################################
f_print(_text) =>
// Create label on the first bar.
var _label = label.new(bar_index, na, _text, xloc.bar_index, yloc.price, color(na), label.style_none, color.gray, size.large, text.align_left)
// On next bars, update the label's x and y position, and the text it displays.
label.set_xy(_label, bar_index, highest(10)[1])
label.set_text(_label, _text)
f_print(" Invested: " + tostring(floor(insgesamtinvestiert)))
Expand (75 lines)
Overview
Buy every Month executes an initial long position at the start of the date window and continues to add long entries at the start of each subsequent month or year. Position sizes are calculated by converting a fixed monetary amount into asset units based on the closing price. All accumulated positions are closed when the end date is reached, and an on-chart label displays the cumulative invested capital.
- Dollar-cost averaging accumulation strategy
- Configurable start and end date boundaries
- Fixed monetary order size calculation
- On-chart label displaying total invested capital
Details
Published by
hasnocool on GitHub
Code credit
Embit0one, as written in the script's header
Type
Strategy, Pine Script v4
Draws
On the price chart
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
- The strategy enters trades without a stop loss
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Ordersize / Sparrate | int | 500 | iniordersize |
| Start Date | int | 1 | startDate |
| Start Month | int | 1 | startMonth |
| Start Year | int | 2020 | startYear |
| End Date | int | 7 | endDate |
| End Month | int | 04 | endMonth |
| End Year | int | 2021 | endYear |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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