This indicator identifies mean-reversion setups by combining Bollinger Bands with Fair Value Gaps (FVGs). It tracks FVGs that print outside the upper or lower Bollinger Bands and counts them toward an alert threshold. Signals trigger upon gap mitigation (by to
Indicator · Pine Script v6 · On the chart
Dip Mafia Timed HODL vs SIP
A simulation indicator that adds a fixed monthly contribution to a cash pool and compares two ways of investing it on one symbol.
GitHub stars1on the repository
Pine versionv6current
Lines of code188
Settings14inputs
LicenceNone stated
Last update2 days ago27 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
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
The timed approach buys on Bollinger and MACD dip signals, or after idle cash waits a set number of bars. The regular approach invests each month's amount immediately. A table compares final values, with slippage as an input. It marks buys on the price chart and never sells.
- Monthly contribution cash simulation
- Dip-timed buys versus regular monthly buys
- Comparison table of both approaches
- Idle cash deployment and slippage settings
Details
Published by
0xCaretaker on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Screeners & dashboards
Markets
Stocks
Timeframes
H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
bollinger-bandsgithub-actionsmacdnsetelegram-bot
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Monthly contribution (₹) | float | 20000 | monthlyAmt |
| Deploy idle cash after N bars | int | 21 | idleThresh |
| Slippage (bps) | float | 5 | slipBps |
| Bollinger length | int | 200 | bbLength |
| Bollinger std dev | float | 2.0 | bbStdDev |
| Watch lookback (bars) | int | 60 | watchLookback |
| Require close < BB midline | bool | true | requireBelowMid |
| Impulse MA length | int | 34 | impLenMA |
| Impulse signal length | int | 9 | impSig |
| MACD fast EMA | int | 12 | macdFast |
| MACD slow EMA | int | 26 | macdSlow |
| MACD signal EMA | int | 9 | macdSig |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD trigger | string | Impulse | signalSrc |
| Plot Timed/SIP value curves | bool | false | showRace |
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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