Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
This script calculates the price drops from today's high. You can modify the percentages of the price drops yourself.
EXPERIMENTAL: WARNING: Martingale is subject to HUGE drawdown spikes, use at your own risk! updated function to also double(aply multiplier) on even trades, example with a MA's crossover.
EXPERIMENTAL: WARNING:Martingale is susceptible to huge drawdown spikes, use at your own risk. simple functions for martingale wins and losses, multiplier can be adjusted manually to increase/decrease performance/drawdown.
This indicator was described by Peter G. Martin and Byron B. McCann in their book "The Investor's Guide to Fidelity Funds" (1989).
I needed to see what the max Drawdown was for a specific security, and so I wrote this script. Maybe others might also find it useful. Here I apply it to the Russel 2000 index. The Russel 2000 index has been gone down quite consistently recently. So someone might wonder how weird is that, and from this index you can see...