Overview: The DRIP Yearly Performance indicator is designed for long-term investors using Dividend Reinvestment Plans (DRIP). This script calculates both the total and average yearly performance of an asset, factoring in the reinvestment of dividends over time. It provides key insights into portfolio growth by tracking the number of accumulated units from...
Oster's Investment Plan (OIP) is a versatile and powerful tool designed to help traders and investors create and evaluate their long-term investment strategies . Unlike many conventional investment tools, OIP emphasizes customization, allowing users to design personalized savings plans and compare the performance of their portfolios against chosen benchmarks....
The Index Investing indicator simplifies decision-making for adding to Index ETF's Long-term investments. By utilizing a percentage discount methodology, it highlights potential opportunities to enhance portfolios. This straightforward tool aids in identifying favorable moments to invest based on calculated price discounts from selected reference points, making...
This script was created as an experiment using ChatGPT. I actually woudn't recommend using the ai program to help you with your Pinescripts, as it makes a fair amount of mistakes. It was a fun experiment however. The script is a simple buy and hold tool. Here's what it does: - Everytime the rsi enters below the set treshold, a counter increases. - The second...
Our Implementation of the famous Shiller PE Ratio (aka C yclically A djusted P rice-to- E arnings Ratio) a long-term valuation indicator for the S&P 500. Calculation: Share price divided by 10 - year average, inflation - adjusted earnings The indicator works on the M and 12M timeframe and has a built-in moving average that supports an upper and lower...
The Problem Most People Face When Trading & Investing: If anyone tells you they know where the market is going, they’re either lying or they’re time travelers. The truth is NOBODY knows whether the markets will move up or down tomorrow, next week, next year, or over any period of time. If we all knew, we’d all be rich. What would suit most Investors is to...
🔗 Blockchain - NVU (Network Value to User) Ratio by Cryptorhythms Introduction Please note this is not an indicator that gives you buy and sell signals, its for bitcoin blockchain based fundamental analysis and valuation metrics. Description Blockchains have network effects. The classic example of network effects is Facebook: every person who gets on...