Description:
Drawdown was a tool to measure historical risk, derived from measuring current wealth from its previous peak, casually from portfolio construction (weights allocation), will consider to having a minimum drawdown. In this indicator, the drawdown for individual assets is utilized to measure its value or percentage from its trailing peak (default to 1-yr period).
Drawdown:
drawdown = (price/peaks)-1
Feature:
- Static: display drawdown as percentage
- Dynamic: display drawdown as value
Versionshinweise:
Update chart
Feature:
Feature:
Versionshinweise:
a slight adjustment on the array, and add current-level horizontal line options
Versionshinweise:
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Versionshinweise:
group and default lookback period adjustment