Click here to Login

Drawdown: Long and Short

Drawdown: Long and Short item is a Trading Indicator and it was developed by bug man on July 17, 2009.
The coding of this Technical Analysis indicator required 30 lines of code.
The indicator name is 'drawdown_adv' and it is implemented using JScript programming language.
It contains one argument. The argument is:
isLong (Type: Number - Default Value: 1): Type 1 for long, otherwise short

p = drawdown_adv(1);

To draw the indicator on a chart:
Plot(drawdown_adv(1), "Drawdown: Long and Short", colorRed);

Future and Past Bars:
The function do not access future bars. It uses no previous bars.

Click on this link to download Drawdown: Long and Short

Search terms used to find this trading item include opposite of drawdown, drawdown function, drawdown opposite, drawdown calculation, opposite to drawdown

The trading object is saved under the following categories: Technical Analysis

Trading Indicator Items:
Black-Scholes Option Pricing Model formula
Black-Scholes Option Pricing Model formula
Black-Scholes Option Pricing Model formula

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here to download the trading software

Related objects


Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Create an account
Affiliate Program
Contact Us
Trading Forum
How-to Lessons
About Us
Terms of Use

Copyright 2024
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Follow us on Google+
RSS Trading Items

Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.