> For the complete documentation index, see [llms.txt](https://docs.candelacharts.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.candelacharts.com/investing/risk-and-portfolio-management/ath-drawdown/overview.md).

# Overview

<figure><img src="/files/4f0T5uGQvTgFsLVAabCZ" alt=""><figcaption></figcaption></figure>

CandelaCharts — ATH Drawdown measures how far price sits from its All-Time High in real time, plotting percent drawdown from a running ATH—0% at the peak, negative below—to support cycle analysis, risk framing, systematic DCA, and capitulation-zone detection across any asset and timeframe.

{% content-ref url="/pages/pqMmm7LSCf0rtigQnvbk" %}
[Features](/investing/risk-and-portfolio-management/ath-drawdown/features.md)
{% endcontent-ref %}

{% content-ref url="/pages/ZsV1iUNUcq8q3OL3oLrc" %}
[Usage](/investing/risk-and-portfolio-management/ath-drawdown/usage.md)
{% endcontent-ref %}

{% content-ref url="/pages/CleeaQ1nZyhpqENKUu3f" %}
[Confluences](/investing/risk-and-portfolio-management/ath-drawdown/confluences.md)
{% endcontent-ref %}

{% content-ref url="/pages/grvSFarJV7rpiV4qFTyq" %}
[FAQs](/investing/risk-and-portfolio-management/ath-drawdown/faqs.md)
{% endcontent-ref %}

In short, CandelaCharts — ATH Drawdown gives you an objective, always-on gauge of cycle depth so you can time accumulation, manage risk, and compare assets with conviction.


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