OPEN-SOURCE SCRIPT
Down since Initial Price

Simple indicator that just displays two labels. One at the lowest price with the percentage decrease since initial price and one at current price with the percentage change since initial price. Both labels can be toggled on/off in the settings.
Can be used to quickly analyze drops after IPO, for example if you have target percentage that the stock should drop after IPO.
Don't hesitate to send me a message if you have questions, noticed any bugs or have suggestions on improvements.
Can be used to quickly analyze drops after IPO, for example if you have target percentage that the stock should drop after IPO.
Don't hesitate to send me a message if you have questions, noticed any bugs or have suggestions on improvements.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.