OPEN-SOURCE SCRIPT

Monthly Drawdowns and Moves UP

718
This script allows users to analyze the performance of a specific month across multiple years, focusing on maximum drawdowns and maximum upward moves within the selected month. The script offers the following features:

Dynamic Month Selection: Choose any month to analyze using an intuitive dropdown menu.
Maximum Drawdown and Upward Move Calculations:
Calculate the largest percentage drop (drawdown) and rise (move up) for the selected month each year.

Visual Highlights:
The selected month is visually highlighted on the chart with a semi-transparent overlay.
Dynamic Labels:
Labels display the maximum drawdown and upward move directly on the chart for better visualization.
Comprehensive Table Summary:
A table provides a year-by-year summary of the maximum drawdowns and upward moves for the selected month, making it easy to spot trends over time.
Customizable Display Options:
Toggle the visibility of drawdown labels, move-up labels, and the summary table for a clutter-free experience.

This tool is perfect for traders and analysts looking to identify seasonal patterns, assess risk and opportunity, and gain deeper insights into monthly performance metrics across years. Customize, explore, and make informed decisions with this powerful Pine Script indicator.

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。