INVITE-ONLY SCRIPT
已更新 Drawdown strategy indicator
This indicator uses drawdown and max drawdown to determine good areas to enter or exit the market.
It uses the ratio between those values and two thresholds provided by the user: top and bottom.
These two values will be used to highlight the areas that match the users strategy criteria.
I normally use this indicator on the 4h or higher timeframes.
On BTC using the default parameters it predicts the tops pretty nicely. The areas of accumulation or buy zones are consistent with the ones that follow each halving.
The chart shows:
- Drawdown
- max drawdown
- drawdown average
- drawdown ratio
- buy and sell zones
The study includes alerts for both buy and sell zones.
It uses the ratio between those values and two thresholds provided by the user: top and bottom.
These two values will be used to highlight the areas that match the users strategy criteria.
I normally use this indicator on the 4h or higher timeframes.
On BTC using the default parameters it predicts the tops pretty nicely. The areas of accumulation or buy zones are consistent with the ones that follow each halving.
The chart shows:
- Drawdown
- max drawdown
- drawdown average
- drawdown ratio
- buy and sell zones
The study includes alerts for both buy and sell zones.
版本注释
Support for backtesting the indicator.Instructions:
1) switch on the "backtestable" toggle from settings
2) the source you want to use in the backtest script will appear as "drawdown signal"
3) use 1 for buy and 2 for sell
NOTE: this indicator works better in higher timeframes, I have used it mostly on 4h.
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只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TheTradingParrot。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
You can use this script by becoming a VIP or observer member of https://patreon.com/thetradingparrot
Join our membership to gain access to the private scripts.
patreon.com/c/thetradingparrot
patreon.com/c/thetradingparrot
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系TheTradingParrot。
TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
You can use this script by becoming a VIP or observer member of https://patreon.com/thetradingparrot
Join our membership to gain access to the private scripts.
patreon.com/c/thetradingparrot
patreon.com/c/thetradingparrot
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。