Systematic Investment Tracker by Ceyhun Gonul

How it works

The script operates through two primary investment strategies: Continuous Buying and Declining Buying. Continuous Buying executes purchases at consistent intervals regardless of price changes, following a dollar-cost averaging approach. Declining Buying triggers purchases only when the asset's price has fallen from the previous interval's closing price, allowing investors to capitalize on lower entry points.

The tool includes a Dynamic Investment Adjustment feature that increases purchase amounts by 50% when prices drop below a user-defined threshold. Users can customize start and end dates, enabling precise strategy implementation and backtesting across specific market periods.

Why it may be useful

This investment tracking tool provides traders with a structured approach to systematic investing, reducing emotional decision-making and promoting disciplined investment strategies. By offering two distinct investment methods, the script allows investors to adapt their approach based on market conditions and personal risk tolerance.

The dynamic adjustment mechanism helps investors potentially optimize their average cost by increasing investment during price declines. The script's comprehensive performance tracking, including graphical indicators and summary labels, enables users to monitor their investment strategy's effectiveness in real-time, providing transparency and insights into portfolio performance.

When to explore it

The systematic investment tracker is most effective for long-term investors seeking a methodical approach to building investment positions across various market cycles. It is particularly useful for those who want to implement dollar-cost averaging strategies with added flexibility and dynamic investment adjustments.

Investors dealing with volatile markets or looking to mitigate the impact of market fluctuations will find this tool valuable. The script is ideal for traders who prefer a structured, rule-based investment approach and want to reduce the psychological challenges of timing market entries.

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