Strategy · Pine Script v6 · On the chart

DCA Long Nonstop

by Jaden300

DCA Long Nonstop runs a perpetual dollar-cost averaging ladder on any ticker.

View on GitHub

GitHub stars4on the repository
Pine versionv6current
Lines of code197
Settings7inputs
LicenceNone stated
Last update5 months ago31 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

DCA Long Nonstop opens a base order at market entry then adds safety orders when price drops soStep percent below the base price, with each subsequent safety order sized larger by 5 percent. When price rises tpPct percent above the average entry price it closes the entire position and immediately restarts the ladder. The strategy uses fixed risk per trade, commissions, and a maximum of five safety orders. It draws base order price, safety order levels, average entry line, and colored bars on the price chart.

Details

Published by

Jaden300 on GitHub

Draws

On the price chart

Markets

Stocks

Timeframes

Any timeframe

Risk Notes

  • The strategy enters trades without a stop loss

Topics

algorithmic-tradingbacktestingstock-markettradingview-ideas

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Start Datetimetimestamp("2021-01-01")startDate
Take Profit %float30.0tpPct
Safety Order Step %float18.0soStep
Max Safety Ordersint5maxSo
Show SO / TP LevelsbooltrueshowLevels
Show Avg Entry LinebooltrueshowAvgLine
Color BarsbooltruecolorBars
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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