Correction Territory

A simple indicator showing how much percentage has been corrected since a recent highest high.

You can set 3 horizontal line to compare with past correction rates.

直近の最高値からの調整率を表示するインジケーターです。
過去の調整規模との比較のため、3本の水平線も設定可能です。

Release Notes

Enabled to select source from low and close to calculate correction rate.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

FX365_Thailand

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

FX365_Thailand

Also on: