daklein

10% Monthly Close DrawDown Trigger

daklein 已更新   
Plot the current 10% drawdown from recent peak monthly closes (meant as a safety stop loss exit point, if week or month closes below the 10% drawdown level). Also show the current 6month and 200d SMA lines, which can be used as a re-entry point. Meant to be used with S&P500.
版本注释:
commenting, updated example plot view
版本注释:
Plot SMA roughly equivalent to 200 day for Week or Month charts, hide the line if the chart is intraday.

Corrected the 6M SMA to use current month's last daily close, and update the drawdown line only after a full month close.
版本注释:
Added 13 week EMA & SMA lines, potential weekly re-entry criteria
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