OPEN-SOURCE SCRIPT
Diupdate correction/fall meter
Title: 📉 ATH Drawdown & Correction Tracker (Buy The Dip)
Description:
Finding the exact depth of a market correction or stock crash can be visually messy. You often have to drag the measuring tool constantly to see how far a stock has fallen from its peak. This indicator simplifies everything by automatically tracking the absolute All-Time High (ATH) and mapping out precise percentage drops in real-time.
🔥 Key Features:
Dynamic ATH Tracking: The script automatically scans the entire chart history, identifies the highest price ever reached, and locks onto it.
Step-by-Step Drop Markers: It plots a clean, highly visible label at the exact candle where the price falls by your chosen percentage (Default is 5%, 10%, 15%, etc.). This is fully customizable in the settings!
Real-Time Drawdown HUD: A floating label next to the running, active candle shows you the exact ATH value and the current live drawdown percentage.
Smart Memory (No Clutter): To keep your charts clean, it only marks new, deeper drawdown levels. If a stock drops 5%, bounces, and drops again, it won't spam your chart with duplicate tags.
💡 How to Use It:
This tool is perfect for identifying accumulation zones and managing risk during bear phases.
Swing Traders: Set the drop step to 3% or 5% to catch quick pullbacks in strong uptrends.
Long-Term Investors: Set the drop step to 10% or 20% to map out macro "buy the dip" zones for fundamental investing.
Tags: #Drawdown #ATH #Correction #BearMarket #SwingTrading #BuyTheDip
Description:
Finding the exact depth of a market correction or stock crash can be visually messy. You often have to drag the measuring tool constantly to see how far a stock has fallen from its peak. This indicator simplifies everything by automatically tracking the absolute All-Time High (ATH) and mapping out precise percentage drops in real-time.
🔥 Key Features:
Dynamic ATH Tracking: The script automatically scans the entire chart history, identifies the highest price ever reached, and locks onto it.
Step-by-Step Drop Markers: It plots a clean, highly visible label at the exact candle where the price falls by your chosen percentage (Default is 5%, 10%, 15%, etc.). This is fully customizable in the settings!
Real-Time Drawdown HUD: A floating label next to the running, active candle shows you the exact ATH value and the current live drawdown percentage.
Smart Memory (No Clutter): To keep your charts clean, it only marks new, deeper drawdown levels. If a stock drops 5%, bounces, and drops again, it won't spam your chart with duplicate tags.
💡 How to Use It:
This tool is perfect for identifying accumulation zones and managing risk during bear phases.
Swing Traders: Set the drop step to 3% or 5% to catch quick pullbacks in strong uptrends.
Long-Term Investors: Set the drop step to 10% or 20% to map out macro "buy the dip" zones for fundamental investing.
Tags: #Drawdown #ATH #Correction #BearMarket #SwingTrading #BuyTheDip
Catatan Rilis
Title: 📉 ATH Drawdown & Correction Tracker (Buy The Dip)Description:
Finding the exact depth of a market correction or stock crash can be visually messy. You often have to drag the measuring tool constantly to see how far a stock has fallen from its peak. This indicator simplifies everything by automatically tracking the absolute All-Time High (ATH) and mapping out precise percentage drops in real-time.
🔥 Key Features:
Dynamic ATH Tracking: The script automatically scans the entire chart history, identifies the highest price ever reached, and locks onto it.
Step-by-Step Drop Markers: It plots a clean, highly visible label at the exact candle where the price falls by your chosen percentage (Default is 5%, 10%, 15%, etc.). This is fully customizable in the settings!
Real-Time Drawdown HUD: A floating label next to the running, active candle shows you the exact ATH value and the current live drawdown percentage.
Smart Memory (No Clutter): To keep your charts clean, it only marks new, deeper drawdown levels. If a stock drops 5%, bounces, and drops again, it won't spam your chart with duplicate tags.
💡 How to Use It:
This tool is perfect for identifying accumulation zones and managing risk during bear phases.
Swing Traders: Set the drop step to 3% or 5% to catch quick pullbacks in strong uptrends.
Long-Term Investors: Set the drop step to 10% or 20% to map out macro "buy the dip" zones for fundamental investing.
Tags: #Drawdown #ATH #Correction #BearMarket #SwingTrading #BuyTheDip
Catatan Rilis
Description:Ever wondered exactly how many days it takes for a stock to recover from a 30% crash? Or what its absolute worst historical drawdown was?
Most tools only show you how far a stock has fallen. This indicator bridges the gap between technical price action and quantitative cycle analysis by tracking how long those market cycles actually take, all while pulling live fundamental data directly onto your chart.
🔥 Core Features:
📊 The Quantitative Recovery Table: The script automatically logs every single drop cycle in the asset’s history. It calculates the average Fall Time (days from peak to trough) and the average Recovery Time (days to break even at a new ATH). It categorizes these historical cycles into clean depth buckets (5-10%, 10-15%, up to 50%+) in a sleek, on-chart table.
🏢 Live Fundamental HUD: A clean, floating dashboard displays the asset's Sector, Industry, P/E Ratio, and TTM Revenue. No need to open a separate tab to check a company's valuation while analyzing its chart.
📉 Smart Drop Markers: Plots clean, visual labels at customizable percentage intervals (Default: every -5%) as an asset falls from its peak, helping you map out precise accumulation or "Buy the Dip" zones.
⚠️ Max Lifetime DD Memory: The engine remembers the absolute worst crash the asset has ever experienced, displaying the exact date of the peak, the date of the absolute bottom, and the exact number of days it took to recover.
⏳ Time-Isolated Backtesting: Built-in Start Date and End Date filters allow you to isolate and study specific historical events (like the 2020 COVID crash or the 2008 financial crisis) without modern price action overriding your data.
💡 How to Use It:
For Swing Traders: Set the drop step to 3% or 5% to catch quick technical pullbacks and use the recovery table to estimate how long your capital might be tied up.
For Long-Term Investors: Use the Fundamental HUD to ensure the P/E ratio aligns with your value strategy, and look at the deep-drawdown recovery buckets (30%+) to mentally prepare for macro bear markets.
Tags: #Quantitative #Drawdown #Backtesting #Fundamentals #MarketCrash #RecoveryTracker #ATH #BuyTheDip
Catatan Rilis
Just updated the position of tableSkrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.