OPEN-SOURCE SCRIPT
Drawdown %
Drawdown % — Real-Time Peak-to-Trough Analysis
This indicator provides a precise, real-time measure of drawdown as a percentage from the running peak of any source series. Unlike equity curve tools tied to strategy backtests, this is a pure price-based indicator compatible with any instrument and timeframe — no strategy execution required.
How it works
On each bar, the indicator tracks the highest observed value of the selected source (default: close). Drawdown is then calculated as the percentage decline from that running peak to the current value. The maximum drawdown — the deepest peak-to-trough decline observed across the entire chart history — is computed continuously and plotted as a persistent reference line.
Visual features
Area plot — the current drawdown curve fills dynamically, shifting from muted red to orange to solid red as losses breach the −5% and −10% thresholds
Max drawdown line — a persistent maroon line marking the worst historical decline
Reference levels — dashed horizontal lines at 0%, −5%, −10%, and −20% for quick visual orientation
Info table — a top-right overlay displaying current drawdown and maximum drawdown in real time, color-coded by severity
How to use it
Apply the indicator to any chart as a standalone pane. The source input defaults to close price but can be changed to open, high, low, HL2, or any other available source. Use the reference levels and table readout to monitor risk exposure, identify periods of sustained drawdown, and compare current conditions against the historical worst-case decline.
Compatibility
Pine Script v6 — works on all asset classes and timeframes.
© Babayaga-
profile link: in.tradingview.com/u/Babayaga-/
This indicator provides a precise, real-time measure of drawdown as a percentage from the running peak of any source series. Unlike equity curve tools tied to strategy backtests, this is a pure price-based indicator compatible with any instrument and timeframe — no strategy execution required.
How it works
On each bar, the indicator tracks the highest observed value of the selected source (default: close). Drawdown is then calculated as the percentage decline from that running peak to the current value. The maximum drawdown — the deepest peak-to-trough decline observed across the entire chart history — is computed continuously and plotted as a persistent reference line.
Visual features
Area plot — the current drawdown curve fills dynamically, shifting from muted red to orange to solid red as losses breach the −5% and −10% thresholds
Max drawdown line — a persistent maroon line marking the worst historical decline
Reference levels — dashed horizontal lines at 0%, −5%, −10%, and −20% for quick visual orientation
Info table — a top-right overlay displaying current drawdown and maximum drawdown in real time, color-coded by severity
How to use it
Apply the indicator to any chart as a standalone pane. The source input defaults to close price but can be changed to open, high, low, HL2, or any other available source. Use the reference levels and table readout to monitor risk exposure, identify periods of sustained drawdown, and compare current conditions against the historical worst-case decline.
Compatibility
Pine Script v6 — works on all asset classes and timeframes.
© Babayaga-
profile link: in.tradingview.com/u/Babayaga-/
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.