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.
發行說明
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.
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡TheTradingParrot。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
You can use this script by becoming a VIP or observer member of https://patreon.com/thetradingparrot
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡TheTradingParrot。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
You can use this script by becoming a VIP or observer member of https://patreon.com/thetradingparrot
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
Join our membership to gain access to the private scripts.
thetradingparrot.com
thetradingparrot.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。