OPEN-SOURCE SCRIPT
Updated Drawdown
Calculate and plot the loss in percentage from the all time high
Release Notes
Now you can select the starting time from which it calculate the drawdown, useful for clarity after a bubble
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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