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Price
Highest High (N Bars)
HIGHTracks the highest high price over the last N bars. Commonly used to identify resistance levels and breakout points.
Tips
A break above the N-bar high on strong volume is a classic breakout entry; lack of volume suggests a false breakout
Use different lookback periods for entries vs exits (e.g. 20-bar high for entry, 10-bar low for exit) to create asymmetric risk/reward
Parameters
Period
2 - 100