PROTECTED SOURCE SCRIPT
更新済 MBYLab_Max Profit & Draw Down
This indicator can check the MDD of the stock price for the set period, and is a secondary indicator that shows the highest return (increase rate) from the newly updated low.
In Loss mode, the red line shows the MDD based on the closing price of each candle, and the black line shows the historical MDD .
If the MDD for each closing price reaches 0%, it means that continuous profit is in progress, and when the stock price breaks out of this trend, it can be seen that correction by overbought begins.
In Profit mode, the green line shows the rate of return against the newly updated lowest price, and the blue line shows the rate of return per candle.
This rate of return can be applied as the rate of share price increase,
Comparing the above two values will help you determine how healthy the stock is.
"May the Bit be with You."
In Loss mode, the red line shows the MDD based on the closing price of each candle, and the black line shows the historical MDD .
If the MDD for each closing price reaches 0%, it means that continuous profit is in progress, and when the stock price breaks out of this trend, it can be seen that correction by overbought begins.
In Profit mode, the green line shows the rate of return against the newly updated lowest price, and the blue line shows the rate of return per candle.
This rate of return can be applied as the rate of share price increase,
Comparing the above two values will help you determine how healthy the stock is.
"May the Bit be with You."
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Hi, im Quant from KR
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。