This indicator tracks and displays the number of days since the asset reached its last all-time high. It's a useful tool for gauging the duration of corrections or consolidation phases after peak price points.
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 a publication is governed by House Rules.
You can favorite it to use it on a chart.
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