OPEN-SOURCE SCRIPT

Retroceso 3%, 5%, 20% desde ATH

The Script shows us the% retracement that an action or ETF normally makes after it reaches its ATH, it also allows us to see the EMA 8, 21 and the MA 50 that show us the trend

El Script nos muestra el % de retroceso que normalmente hace una acción o ETF después que llega a su ATH, también nos permite ver las ver las EMA 8, 21 y la MA 50 que nos muestran la tendencia
ATHCDIMoving AveragesTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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