ATH Dip Levels - Buy on Dips

This indicator is a "Buy the Dip" guide designed for assets in long-term uptrends, such as Nasdaq (QQQ) or S&P 500 (SPY). It uses a mathematical discipline to identify accumulation zones based on the rolling 220-bar All-Time High (ATH).

Key Features:

Dynamic Levels: Automatically calculates entry points at 3%, 5%, 10%, 15%, 25%, 35%, and 50% retracements from the recent ATH.

Smart Filter: Each level is triggered only once per ATH cycle. It prevents over-trading in sideways markets; levels only reset when a brand-new high is formed.

Clean Visuals: Features precise "BUY" labels at exact price points and a handy status dashboard in the top-right corner.

Unified Alerts: Simplify your workflow by setting a single alert for all 7 dip levels.