OPEN-SOURCE SCRIPT
Position Investing by SirSeff
This is for my group.
The ideas is to dollar cost average whenever the band is green and pause investing when the band is red.
This gives you two things:
1. You'll minimize averaging down. Ibig sabihin maiiwasan mo bumili tapos kinabukasan down agad.
2. you'll maximize averaging up or scaling up. Ibig sabihin, most likely nakaka bili ka na green days and green kinabukasan.
Join the FB group fb.com/groups/usstocksforfilipinos
With Net profit of 87.72 % at hindi pa kasama compounding effect niyan whenever you top up on green bands.
Percent Profitable is 2.07 ibig sabihin ma dodoble mo ang account mo when you religiously follow this.
Max Loss Drawdown is 7.43 %, ibig sabihin maminimize mo ang losses down to 7.43%
The ideas is to dollar cost average whenever the band is green and pause investing when the band is red.
This gives you two things:
1. You'll minimize averaging down. Ibig sabihin maiiwasan mo bumili tapos kinabukasan down agad.
2. you'll maximize averaging up or scaling up. Ibig sabihin, most likely nakaka bili ka na green days and green kinabukasan.
Join the FB group fb.com/groups/usstocksforfilipinos
With Net profit of 87.72 % at hindi pa kasama compounding effect niyan whenever you top up on green bands.
Percent Profitable is 2.07 ibig sabihin ma dodoble mo ang account mo when you religiously follow this.
Max Loss Drawdown is 7.43 %, ibig sabihin maminimize mo ang losses down to 7.43%
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.