SPD is a new metric I propose which can be used to determine general sentiment and help narrow down periods to DCA .
In the most basic sense this indicator is simply showing you how many satoshies are equal to one US dollar . This can be a useful metric to keep stored in the back of your mind. It can also give you a new satoshi based perspective on bitcoin pricing.
I simply added an MA selection option to give a basic sentiment reading. You could also use the red areas as a modified DCA (i.e. only do dollar cost averaging when red zone is in effect.
The indicator is not really meant for buy/sell signaling but more as a reference
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The DCA is "allowed" when SPD > MA.
above the MA = DCA's are allowed
below the MA = potential times to slowly unwind the position
Remember this is a metric NOT meant for fast "in and out" trades. Its meant to help pick times to either stack coins or distribute them.
A few examples:
-Buy X amount of BTC every N days
-Buy X amount of BTC every N days only if price is $XYZ lower than last entry
-Buy X amount of BTC if price drops > N Percent
If you are unsure how to accomplish it please DM me as I also do freelance work and could come up with a solution for you to use (wouldnt take alot of time to do, so relatively inexpensive).