How to Calculate Drawdown Duration (in PINE SCRIPT)

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LESSON SOURCE CODE: https://courses.theartoftrading.com/pages/calculating-drawdown-duration-in-pine-script STRATEGY EXAMPLE LESSON: https://www.youtube.com/watch?v=h-erJbnBj6A MONTHLY PERFORMANCE TABLE CODE: https://www.tradingview.com/script/aHwncfep-Monthly-Strategy-Performance-Table/?aff_id=15271

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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.

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▼Timestamps▼ 00:00 - Intro

#PineScript #TradingView #Trading ... https://www.youtube.com/watch?v=teqDNucRMmc