All Time High Tracker

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © x77x

//@version=6
indicator("ATH",overlay = true)
//ATH
// Variables to track the all-time high
var float all_time_high = na
var line all_time_high_line = na
var label all_time_high_label = na

// Check if the current high exceeds the all-time high
if na(all_time_high) or high > all_time_high
    all_time_high := high  // Update the all-time high if a new high is made
    // Delete previous line and label
    if not na(all_time_high_line)
        line.delete(all_time_high_line)
    if not na(all_time_high_label)
        label.delete(all_time_high_label)
    // Create new line and label
    all_time_high_line := line.new(x1=bar_index, y1=all_time_high, x2=bar_index + 1, y2=all_time_high, color=#03ac0a, width=1, extend=extend.right)
    all_time_high_label := label.new(x=bar_index, y=all_time_high, text="ATH:" + str.tostring(all_time_high, format.mintick), style=label.style_label_down, color=#03ac0a, textcolor=#0d0d0d)