OPEN-SOURCE SCRIPT
Drawdown [WynTrader]
Drawdown [WynTrader]
Hello my friend
Before trading an unfamiliar asset, it's worth seeing how it survived its toughest moments — including major market crashes. This indicator reveals every significant decline a security has experienced: how far it dropped, and how long it took. Seeing a past drawdown of -54% over 13 months makes the next correction far less intimidating.
Use it to measure real risk, set realistic expectations, and trade with more confidence.
█ CONCEPTS
A drawdown is the decline from a price peak to the lowest point that follows. The indicator automatically detects every peak and trough, filtering out noise to keep only declines at or above your chosen threshold (default: 20%).
█ FEATURES
Threshold — Set the minimum decline to display, so only meaningful crashes appear.
Boxes & Labels — Each drawdown is highlighted on the chart from peak to trough, labeled with its duration and amplitude (e.g., 13M -54%).
History Table — Lists every recorded drawdown with start/end dates, span, and decline %. Sortable and adjustable in size.
█ CONCLUSION
Before investing, check an asset's drawdown history: how deep, how long, did it recover? These questions reveal its true volatility and resilience. A chart without this history tells only half the story.
█ WYNTRADER
I'm not a Pine Script programmer — just a trader building tools for my own analysis. A few rough edges may remain. Enjoy!
WynTrader
Hello my friend
Before trading an unfamiliar asset, it's worth seeing how it survived its toughest moments — including major market crashes. This indicator reveals every significant decline a security has experienced: how far it dropped, and how long it took. Seeing a past drawdown of -54% over 13 months makes the next correction far less intimidating.
Use it to measure real risk, set realistic expectations, and trade with more confidence.
█ CONCEPTS
A drawdown is the decline from a price peak to the lowest point that follows. The indicator automatically detects every peak and trough, filtering out noise to keep only declines at or above your chosen threshold (default: 20%).
█ FEATURES
Threshold — Set the minimum decline to display, so only meaningful crashes appear.
Boxes & Labels — Each drawdown is highlighted on the chart from peak to trough, labeled with its duration and amplitude (e.g., 13M -54%).
History Table — Lists every recorded drawdown with start/end dates, span, and decline %. Sortable and adjustable in size.
█ CONCLUSION
Before investing, check an asset's drawdown history: how deep, how long, did it recover? These questions reveal its true volatility and resilience. A chart without this history tells only half the story.
█ WYNTRADER
I'm not a Pine Script programmer — just a trader building tools for my own analysis. A few rough edges may remain. Enjoy!
WynTrader
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
WynTrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
WynTrader
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。