Dicargo_Beam

Diversified Investment EMA Cross Strategy Simulator

Dicargo_Beam Updated   
This simulating indicator proves that even if you use a simple strategy, you can reduce your risk by diversifying your investments.

The strategy itself is simple.(only long)
Buy when 50 days EMA crosses over 200 days EMA.
Sell ​​when 50 days EMA crosses under 200 days EMA.
Or, stop loss when the asset falls by 2% (eg).

Using this simple strategy on an asset is just a test of your luck.


However, this capital change graph shows that risk can be reduced by diversifying investment into eight assets rather than one asset.



Options

Total Assets Capital Change represents the sum of capital changes for 8 assets. The gray line is the initial capital.

Each Asset Capital Change represents all eight asset capital changes. In this case, the gray line is displayed as the initial capital divided by 8.

The rest of the options show a graph of capital change for each asset, showing when buys and sells occurred.

And set the start date, initial capital, stop loss %, and commission.

And select the 8 assets you want to invest in and you are ready to go. To effectively reduce risk, uncoupled assets would be better if possible.


The table in the lower right shows the selected asset and color.


Please enjoy the simulation.
Release Notes:
first buy plotshape is added
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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