All Time High (ATH) Levels
By LuxAlgoMar 12, 2024
All Time High (ATH) Levels turns an instrument's record book into a chart overlay, plotting a user-defined number of historical all-time highs as horizontal levels and grading each one as support or resistance with a strength percentage. Duration and distance filters strip out fleeting or stacked records, leaving only the peaks the market genuinely respects.
How to Trade the All Time High (ATH) Levels?
- "R" levels: price has spent most of its time below the level. Treat it as resistance and watch retests for rejection.
- "S" levels: price holds above the level, so it leans support; pullbacks into it are natural places to look for a reaction.
- Strength percentage: readings from 99% down to 50% mark levels tested often as support or resistance; below 50% is less decisive, while a perfect 100% means the level was seldom tested.
Recent records tend to cap price while older, long-reclaimed highs act as a base, which is why the filtering matters: demand a longer minimum duration and wider spacing and the chart reduces to a handful of meaningful lines instead of dozens. The result slots neatly alongside the rest of the library's level tools.
All Time High (ATH) Levels Settings
- Show Last ATH: how many recent all-time highs stay on the chart.
- ATH Minimum Duration: bars a record must persist before it qualifies. Raise it to keep only significant peaks.
- Minimum Distance Between ATH: spacing filter in ATR multiples that removes closely stacked levels; enabling it can introduce repainting.
- Show SR%: toggles the support/resistance classification and strength percentage.
- Minimum %: hides levels graded below your threshold.
Frequently Asked Questions
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