PROTECTED SOURCE SCRIPT
Hendo's Drawdown Calculator
Güncellendi
Are you particularly good at buying tops and selling bottoms while being terrible at math?
Then here's your solution:
A basic script that automatically calculates and plots the drawdown between the highest high (or open/close) and the current price.
Best used on the higher time frames (so you can easily see where the "top is derived from". If it's used on an asset that hasn't topped out yet (unlike 90% of the altcoins) the calculations will not work (since it's not in drawdown).
Comes with 1 setting: The source that should be used to calculate the highest point in price. Options are: High, Close or Open. I've purposely left out "low" and "HL2/OHLC4" because they don't make much sense for a script like this.
Considerate use is advised for people with weak hands. Since the numbers can be overwhelming.
If you encounter any bugs or errors feel free to leave a comment. Enjoy!
Then here's your solution:
A basic script that automatically calculates and plots the drawdown between the highest high (or open/close) and the current price.
Best used on the higher time frames (so you can easily see where the "top is derived from". If it's used on an asset that hasn't topped out yet (unlike 90% of the altcoins) the calculations will not work (since it's not in drawdown).
Comes with 1 setting: The source that should be used to calculate the highest point in price. Options are: High, Close or Open. I've purposely left out "low" and "HL2/OHLC4" because they don't make much sense for a script like this.
Considerate use is advised for people with weak hands. Since the numbers can be overwhelming.
If you encounter any bugs or errors feel free to leave a comment. Enjoy!
Sürüm Notları
Fixed a small error in the display.Korumalı komut dosyası
Bu komut dosyası kapalı kaynak olarak yayınlanmıştır ve özgürce kullanabilirsiniz. Bir grafikte kullanmak için favorilerinize ekleyebilirsiniz. Kaynak kodunu görüntüleyemez veya değiştiremezsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.