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True ATH/ATL w/ labels

groks Updated   
Volatility Trend Analysis Moving Averages ATH ATL LOW high midpoint levels
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volatility trendanalysis movingaverage ath atl low high midpoint levels
Plots the All Time High and All Time Low, with optional labels when a new ATH/ATL is created. Reaches all the way back in history for the true high/low, not limited to the most recent 5000 candles like most scripts. Works on all time frames.

Release Notes:
  • Show distance in percent from current price.
  • Draw dividing lines between ATH and ATL.

The optional dividing lines provide good support and resistance targets. Works on all time frames and instruments, but particularly rangy stocks.
Release Notes:
(Update example chart to remove stray drawings)
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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