Deleted

Hello, I have a new idea brewing in my head for a Dollar Cost Averaging indicator for Bitcoin.

The idea is that one would specify a daily or weekly amount to be invested. That investment would be allocated between Bitcoin and USD (or any pair) as a percentage based upon the slope of a weekly moving average. The higher up the slope, the less Bitcoin you would buy and vice Versa. Then as the USD account grows it would buy in if and only if Price drops below a Specified Weekly moving average. The more downward the slope the more money is released as a percentage of the total of USD in escrow. The Pics would give and example. In this example I used the 21 EMA and the 200 EMA. The Percentage of the DCA Buying BTC would drop as price increased and Rise as Price decreased Relative to the slope of the 21 Weekly EMA. The USD in escrow would be released upon Dropping and closing Below the 200 EMA.
The amounts could be displayed in a sub window or on chart. And possible making it an EA for Backtesting.
One could also place a lower limit on how much USD one would want to save for #BTFD! That is, lowest amount to save USD 5% Or whatever.

I came up with this because I am meeting up with my sisters and I know they are going to ask me about buying Bitcoin. I don't want them rushing headlong into it knowing that the risk has dramatically increased and was thinking of a solution to get them in without the added risk now that we are up the risk curve.

Thanks

^eagle^ wrote: Sun Mar 14, 2021 11:15 pm Hello, I have a new idea brewing in my head for a Dollar Cost Averaging indicator for Bitcoin.

P.S. A more reactive Moving average than EMA would be ideal for the weekly DCA. A JMA or other smoothing would allow for Buying the dips during the strong uptrends.

Expect the teacher to convert this ColorBBCandles.mq5 indicator to .mq4. Boundless merit!

lain7123 wrote: Sat Mar 13, 2021 6:26 am Greetings Mr Tools, could you kindly add alerts to this indicator please?
smacme rectangle.png
smACME Rectangle_v2.1.mq4

Could someone help me with this please? I tried doing it myself but I messed something up, the alert should be for when the rectangle appears, I would appreciate an email option as well, thanks.

lain7123 wrote: Sat Mar 13, 2021 6:26 am Greetings Mr Tools, could you kindly add alerts to this indicator please?
smacme rectangle.png
smACME Rectangle_v2.1.mq4

Posted here Various

Hello mrtools,

please, can you be so kindly and add alerts to this indicator ?

Thank you very much in advance.

Greetings

MaxTorque wrote: Tue Mar 16, 2021 5:00 am Hello mrtools,

please, can you be so kindly and add alerts to this indicator ?

Thank you very much in advance.

Greetings

Posted here Various: Profit 99%

Hello,

The attached indicator is a trendline copier, could someone make it look for a part of the trendline name instead of the exact name?

The trendlines that I need to be copied have the same prefix but different numbers at the end of their names.

mrtools wrote: Fri Feb 28, 2020 7:53 am Should be fixed in this version.

rsi smoothed-mtf + alerts + lines There are too many vertical lines. Please change it. Only one vertical line is displayed for the same sub-trend (the same trend), and a vertical line in the opposite direction is not displayed until there is a trend in the opposite direction. as the picture shows