OPEN-SOURCE SCRIPT
Correction Table
# Correction Table Indicator
A powerful TradingView indicator that displays a comprehensive table showing price corrections from All-Time High (ATH) and the 200-day Simple Moving Average (SMA).
## Features
- Real-time calculation of 200-day Simple Moving Average (SMA)
- Display of current price deviations from 200 SMA
- ATH-based correction levels (-10%, -20%, -30%, -40%, -50%)
- Clear visualization through a customizable table
- Price differences shown in both absolute and percentage terms
- Color-coded positive/negative deviations for better readability
## Parameters
- **ATH Calculation Period**: Number of days to look back for calculating All-Time High (default: 90 days)
## Table Information
The indicator displays a table in the top-right corner of your chart with the following information:
- **200 SMA**: Current 200-day Simple Moving Average value
- **ATH-10%**: Price level at 10% below All-Time High
- **ATH-20%**: Price level at 20% below All-Time High
- **ATH-30%**: Price level at 30% below All-Time High
- **ATH-40%**: Price level at 40% below All-Time High
- **ATH-50%**: Price level at 50% below All-Time High
Each row shows:
- Target price level
- Current deviation from the price
- Percentage deviation
A powerful TradingView indicator that displays a comprehensive table showing price corrections from All-Time High (ATH) and the 200-day Simple Moving Average (SMA).
## Features
- Real-time calculation of 200-day Simple Moving Average (SMA)
- Display of current price deviations from 200 SMA
- ATH-based correction levels (-10%, -20%, -30%, -40%, -50%)
- Clear visualization through a customizable table
- Price differences shown in both absolute and percentage terms
- Color-coded positive/negative deviations for better readability
## Parameters
- **ATH Calculation Period**: Number of days to look back for calculating All-Time High (default: 90 days)
## Table Information
The indicator displays a table in the top-right corner of your chart with the following information:
- **200 SMA**: Current 200-day Simple Moving Average value
- **ATH-10%**: Price level at 10% below All-Time High
- **ATH-20%**: Price level at 20% below All-Time High
- **ATH-30%**: Price level at 30% below All-Time High
- **ATH-40%**: Price level at 40% below All-Time High
- **ATH-50%**: Price level at 50% below All-Time High
Each row shows:
- Target price level
- Current deviation from the price
- Percentage deviation
Skrip sumber terbuka
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.
Made by 🌸
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
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.
Made by 🌸
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.