Freefall Protocol — ATH Drawdown Visualizer | QuantSy
Most traders watch price. Freefall Protocol watches the wound.
This indicator tracks real-time percentage drawdown from All-Time High (ATH), visualizing how far price has fallen from its peak with a gradient shifting from green to deep crimson as conditions deteriorate.
Core Mechanics:
ATH Drawdown Engine — Live drawdown from highest recorded high, displayed as a smooth gradient fill
Zone Levels — Four customizable thresholds (default: -10%, -25%, -50%, -75%) with color-coded lines
Capitulation Signal — Background highlight when price sustains extreme drawdown across consecutive bars
Percentile Rank — Contextualizes current drawdown against a 1000-bar historical window
Dual ROC — Short/long drawdown momentum showing whether conditions are accelerating or recovering
Overlay Candles — Gradient-colored candles on the price chart for visual consistency
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⚠️ Disclaimer: Educational tool only — does not constitute investment advice. The developer assumes no liability for any trading profits or losses. This indicator includes no features related to interest, leverage, or gambling. Users are responsible for ensuring their practices align with Islamic guidelines. DM @QuantSy_ for info — crypto payments available.