S&P500 Investment Average

28 בדצמ׳ 2023

This script lets you choose the best time to invest in the S&P 500, thanks to a line showing an average growth of 8.32% over 50 years, starting from the price of $86.84 on January 1, 1974.

Thanks to this line indicating the price of the S&P 500 based on the average growth of the index. You'll be able to tell when the index is overvalued or undervalued.
When the price is below 20% of the line, it's a good time to invest your cash for the crash. And when it's back in the black, it's time to reduce your DCA.

You can also specify a specific date in the settings to watch the percentage whenever you like.

8 באפר׳

הערות שחרור

Update pinescript version to 6
Add a new scale system to display lines in percentages different from the original
Translate all code from French to English