OPEN-SOURCE SCRIPT

PercenageDropFromATH

已更新
INFO:
The PercenageDropFromATH script is fairly simple indicator, which is able to:
  • detect the last ATH (real ATH of the full chart, not related to the selected timeframe) and plot it
  • user can select a percentage of drop from this price, and once reached can receive a notification

Note that if the ATH is outside of the visibility of the currently selected timeframe the indicator will not be able to show it. Recommended settings is 1D TF!

DETAILS:
The purpose of the script is to serve to ease passive investments in ETFs and indices, once those are dropping below certain point from the ATH.
Individual stocks are not really recommended in my view, as unlike the indices which are cherry picking the best companies from the sector, individual companies can always start drifting away.
Anyway, the indicator should work on all assets, including crypto, gold, etc.
Example usage could be of setting an alert for 25% drop in SPY, and start accumulating positions on every next 10% additional drop, so DCA can be done with favorable prices.

SETTINGS
The settings are pretty straight forward:
  • ATH Source - source for computing the ATH, default to "high", but user can select to check only on open/close/low as well
  • Percentage drop target from ATH - self explaining, default to 20
  • ATH color - only the last ATH until the current bar is been drawn
  • Plot ATH drop target price - optionally the target price after the percentage drop can be plotted as well
  • ATH drop target color - the color of the price after the percentage drop from ATH

版本注释
+ improved visibility for recent ATH by extending the lines a bit further
+ display lines only on last bar
multitimeframePivot points and levels

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?

免责声明