This simple indicator shows gains/ losses and profit taking opportunities for a strategy that consists of regularly investing a static sum to an asset (ex: adding $25 to BTC every week).
White = Investment (new money)
Green = Take-profit
Purple = Total Gains / Losses on + investment
Blue = Total Gains / Losses on + investment - take-profit
Red = Total Gains / Losses on - investment
Orange = Total Gains / Losses on - investment - take-profit
RedBG = Orange < 0
GreyBG = Weekend
Settings:
- Amount to invest each week
- Day of the week to invest (1 = Sunday, time is defaulted to 12:01 AM of that day)
- Amount at which to take profit
- Start time (This is calculated in weeks since UNIX Epoch; increasing the number by 1 means moving the start time forward 1 week)
Enjoy!