Indicator · Pine Script v5 · On the chart

TeeLek Lab 03 DCA and Pause

by theteelek

This price-chart indicator simulates dollar-cost averaging between a start date and an end date.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code118
Settings3inputs
LicenceNone stated
Last update1 year ago9 Jun 2025

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 indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

TeeLek Lab 03 DCA and Pause builds a five-bar Hull moving average, smooths it with an exponential average, and colors the line by direction. Inside the window, every bar adds a fixed BTC size to a running average and to long and short averages. A simulated long closes when the smoothed Hull falls and price is under the long average; a simulated short closes when the line rises and price is over the short average. Inputs change the dates and BTC size. The script does not place orders.

Details

Published by

theteelek on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Moving averages, Trend

Markets

Crypto

Timeframes

Any timeframe

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.

Settings

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

SettingTypeDefaultVariable
Start Datetimetimestamp("1 July 2024")DATE_START
End Datetimetimestamp("1 Aug 2024")DATE_END
DCA Size (BTC)float0.002DCA_SIZE_BTC
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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