PROTECTED SOURCE SCRIPT
已更新 MBYLab_Max Profit & Draw Down

This indicator can check the MDD of the stock price for the set period, and is a secondary indicator that shows the highest return (increase rate) from the newly updated low.
In Loss mode, the red line shows the MDD based on the closing price of each candle, and the black line shows the historical MDD .
If the MDD for each closing price reaches 0%, it means that continuous profit is in progress, and when the stock price breaks out of this trend, it can be seen that correction by overbought begins.
In Profit mode, the green line shows the rate of return against the newly updated lowest price, and the blue line shows the rate of return per candle.
This rate of return can be applied as the rate of share price increase,
Comparing the above two values will help you determine how healthy the stock is.
"May the Bit be with You."
In Loss mode, the red line shows the MDD based on the closing price of each candle, and the black line shows the historical MDD .
If the MDD for each closing price reaches 0%, it means that continuous profit is in progress, and when the stock price breaks out of this trend, it can be seen that correction by overbought begins.
In Profit mode, the green line shows the rate of return against the newly updated lowest price, and the blue line shows the rate of return per candle.
This rate of return can be applied as the rate of share price increase,
Comparing the above two values will help you determine how healthy the stock is.
"May the Bit be with You."
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version updated受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
Hi, im Quant from KR
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用它,没有任何限制 — 在此处了解更多信息。
Hi, im Quant from KR
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。