All-Time High ATH support - SantiCruz

This scipt will draw a Support Line / Horizontal Line in the ALL-TIME-HIGH price point of any asset.
It is a very heplful way to automatically detect the ATH without the need of continuous updating . This line will automatically update to to the All time High. EXPREMELY USEFUL.
All time high tends to be a price reversal zone specially for stocks. Stocks tend to react more on the all time high specailly vs FOREX Pairs and some ETF that involve many other assets that may drive the reversal deceision rather than just the ETF tough it may also funciotion as a reversal zone.
It is a very heplful way to automatically detect the ATH without the need of continuous updating . This line will automatically update to to the All time High. EXPREMELY USEFUL.
All time high tends to be a price reversal zone specially for stocks. Stocks tend to react more on the all time high specailly vs FOREX Pairs and some ETF that involve many other assets that may drive the reversal deceision rather than just the ETF tough it may also funciotion as a reversal zone.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.