OPEN-SOURCE SCRIPT
Updated S&P500 Investment Average

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.
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.
Release Notes
Update pinescript version to 6Add a new scale system to display lines in percentages different from the original
Translate all code from French to English
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.