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ATH/ATL Tracker

By LuxAlgoJun 6, 2024

ATH/ATL Tracker is an indicator on Vela, our next-generation charting platform, written in Pine Script®.

ATH/ATL Tracker charts how far every new all-time high or all-time low traveled beyond the previous one, across the instrument's entire available history, as a histogram. Tooltips log the price and date of each record, and a dashboard averages the gaps: how long record extremes take to form and how large the moves between them run.

How to Trade the ATH/ATL Tracker?

  • Tall bars: the biggest jumps between successive records stand out instantly, flagging the market's most explosive record-setting phases.
  • Record frequency: a swelling count of fresh highs reflects confidence and willingness to pay elevated prices; thinning records warn of fading momentum or growing caution.
  • Dashboard averages: Average Duration estimates how long the market typically waits between records, while Average Change gives the net signed average of record moves (ATH extensions positive, ATL extensions negative): base rates for anticipating the next one.

The tracker filters trivial records by referencing a higher timeframe: on a 1-minute chart, five consecutive new highs collapse into the single true ATH when validated against a 5-minute duration, and the tool warns you if the selected timeframe is suboptimal. Watching which sectors keep printing records is a quick leaders-versus-laggards check, in the spirit of the library's breadth and sentiment tools.

ATH/ATL Tracker Settings

  • Duration: the higher timeframe used to validate meaningful ATHs and ATLs.
  • Order: chronological or reverse-chronological bar layout.
  • Bar Width / Bar Spacing: sizing and separation of the histogram bars.
  • Dashboard Settings: size and placement of the averages panel.

Frequently Asked Questions

Free to use

Run it on Vela. Go further with a paid plan.

  • Up to 500 Custom Alerts, with webhook automation
  • Up to 10× the chart history of Free
  • Orderflow lookback up to full history
  • More Quant usage to customize it, plus extra usage when you need it
  • Futures data alongside crypto, stocks, forex and commodities
See plans

Also works on

TradingView
Original indicatorBuilt in-house by LuxAlgo

Run it on Vela. Make it yours with Quant.

Open this indicator free on Vela, our next-generation charting platform. Then ask Quant, our coding agent built into Vela, to retune it or turn it into a backtested strategy of your own.