Max Drawdown Awareness Overlay

Tracks the running peak of price (or any source) over a configurable lookback and shows the current drawdown from that peak plus the running maximum drawdown observed across the window. The chart shades when drawdown crosses your warning and critical thresholds. It does NOT generate buy or sell signals.
What it shows
- Running peak over the lookback
- Current drawdown from peak, in percent
- Maximum drawdown observed, with warning/critical shading
Honest by design
- No buy/sell signals. It is a risk-awareness overlay.
- Non-repainting: every value is a function of confirmed bars.
Open-source and MIT licensed.
Disclaimer: impersonal educational and analytics tool. This is not investment advice, not a personalised recommendation, and carries no performance guarantee. Past results do not predict future results. You are solely responsible for your own trading decisions.
What it shows
- Running peak over the lookback
- Current drawdown from peak, in percent
- Maximum drawdown observed, with warning/critical shading
Honest by design
- No buy/sell signals. It is a risk-awareness overlay.
- Non-repainting: every value is a function of confirmed bars.
Open-source and MIT licensed.
Disclaimer: impersonal educational and analytics tool. This is not investment advice, not a personalised recommendation, and carries no performance guarantee. Past results do not predict future results. You are solely responsible for your own trading decisions.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.