The script maintains an intradayATH variable to track the highest price reached during the trading day up to the current point. This variable is updated whenever a new high is reached. Calculate Drawdown and Percentage Drawdown:
The drawdown is calculated as the difference between the intradayATH and the current closing price (close). The percentage drawdown is calculated by dividing the drawdown by the intradayATH and multiplying by 100. Plot Percentage Drawdown:
The percentageDrawdown is plotted on the chart with a red line to visually represent the drawdown from the intraday all-time high. Draw Recession Line:
A horizontal red line is drawn at the 20.00 level, labeled "Recession". The line is styled as dotted and has a width of 2 for better visibility. Draw Correction Line:
A horizontal yellow line is drawn at the 10.00 level, labeled "Correction". The line is styled as dotted and has a width of 2 for better visibility. Draw All Time High Line:
A horizontal green line is drawn at the 0.0 level to represent the all-time high, labeled "All Time High". The line is styled as dotted and has a width of 2 for better visibility. This script will display the percentage drawdown along with reference lines at 20% (recession), 10% (correction), and 0% (all-time high).
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.