How to Calculate Drawdown Duration (in PINE SCRIPT)

Published: 04 October 2024
on channel: The Art of Trading
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Want to learn Pine Script? Look no further. I have you covered!

This lesson demonstrates how to calculate the drawdown duration (in time) for your TradingView strategy scripts.

This metric is as useful as knowing the system's max drawdown - after all, if a system has a low max drawdown but stays in drawdown for very long periods of time, that may be just as uncomfortable to trade as a system with a large max drawdown.

With over 16 years of coding experience and 5+ years of profitable trading experience, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.

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▼Timestamps▼
00:00 - Intro

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