OPEN-SOURCE SCRIPT

Average Total Price From Bottom

2983
This is an indicator to help determine where the bottom of the market is currently based on the average close of the previous cycle. This is an idea from Jay_DCA on YouTube and I thought it would be fun to code. Enjoy!

How to use:
Specify the date at which the bottom of the markets occurred. I added two extra cycle inputs for future usability. So, when the current bottom is found of this bull cycle, make sure to change the date in Bottom 3.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.