OPEN-SOURCE SCRIPT

Drowdown Market

Updated
Shows procented drowdown levels from maximum price
U can set 3 area levels. By default its 25%, 50%, 75%
Release Notes
just some correction in drawings after internal TV changes in algo
Trend AnalysisVolatility

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.

Want to use this script on a chart?

Disclaimer