Pullback Levels from ATH

# ATH Pullback Levels
**Assess correction depth with precision – 5%, 10%, 15%, 20% below All-Time High**

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### Overview
This indicator draws **horizontal support lines** at **5%, 10%, 15%, and 20%** below the **All-Time High (ATH)** of any asset. Perfect for **swing traders**, **long-term investors**, and **bull market participants** who want to:

- Measure **pullback depth** in real-time
- Identify **potential support zones**
- Set **alerts** when price enters key retracement levels

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### Features
| Feature | Description |
|--------|-------------|
| **Dynamic ATH Tracking** | Automatically updates with every new high |
| **4 Pullback Levels** | 5%, 10%, 15%, 20% below ATH |
| **Live Pullback % Label** | Shows current % drop from ATH (top-right) |
| **Customizable Lines** | Toggle visibility, change colors & styles |
| **Built-in Alerts** | Trigger on entry into each zone |
| **No Errors** | Works on 50k+ bar charts (BTC, SPX, etc.) |
| **Time-Based Lines** | Uses `xloc.bar_time` – no 500-bar future limit |

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### How to Use
1. Apply to any chart (stocks, crypto, forex, indices)
2. Watch the **info box** for current pullback %
3. Use lines as **potential buy zones** during corrections
4. Set **alerts** to be notified when price enters a level

> Example: If ATH = $100 →
> - 5% = $95
> - 10% = $90
> - 15% = $85
> - 20% = $80

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### Inputs
- **Show 5% / 10% / 15% / 20% Level** → Toggle on/off
- **Line Colors** → Fully customizable
- **Line Style** → Solid, Dashed, or Dotted

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### Alerts
Create alerts directly from the indicator:
- `"Entered 5% Pullback"`
- `"Entered 10% Pullback"`
- etc.

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### Best For
- Bull market corrections
- Long-term position sizing
- Risk management in uptrends
- Swing entries on dips

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### Notes
- Works on **all timeframes**
- **Log scale compatible** (lines adjust correctly)
- No repainting – ATH only updates on confirmed highs

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**Built with Pine Script v6 – Clean, fast, reliable.**

*Happy trading!*