PROTECTED SOURCE SCRIPT

📉 % Drop from 52WH & ATH (Color Coded)

290
This indicator displays the percentage drop of the current price from:

🔹 52-week high (approx. 1 year)

🔹 All-time high (ATH)

Each value is color-coded to reflect market positioning and risk level:

✅ Green: Drop less than 25% (low drawdown, relatively strong)

⚠️ Yellow: Drop between 25%–35% (moderate drawdown)

🔴 Red: Drop more than 35% (deep drawdown, potentially oversold)

The values appear in a compact info box at the top-right of the chart and work on any timeframe and asset, including stocks, crypto, indices, etc.

This tool is ideal for:

📉 Spotting deep corrections

🟢 Identifying strong relative performers

📊 Managing entry/exit based on risk zones

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.