Reply To: Down 10% from All Time Highs

Optuma Forums Optuma Scripting Down 10% from All Time Highs Reply To: Down 10% from All Time Highs

#59899
DarrenDarren
  • Topics: 56
  • Replies: 464
  • Posts: 520

Hi Jamie,

I’ve used the PERCENTSWING() function instead, which plots % swings over the chart. The swings turn when the threshold has been met, so when it turns down price has declined by at least 10%. Combine with the HIGHESTHIGH and SIGNALAFTER functions and we can use this:

The orange lines show 10% declines after a ATH in the $SPX, and the next swing down will trigger at 3229:

Capture

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