HIGH
Highest price over the selected period. Acts as resistance and a breakout trigger.
About
HIGH is the highest price over the selected lookback. It is a rolling resistance line and a common breakout trigger.
A close above the prior HIGH is a breakout read. Failure to clear it after several tests can mean the ceiling is holding. The line itself does not say the next bar will follow through.
Add HIGH to a mix as the breakout level, then require volume, Force Index, or a trend filter so the entry is not a lone stop-run through the high.
Mixes using HIGH
20-Bar High BreakoutAMD1 day
Enter when close breaks above the recent high; exit when close loses its short-term SMA.
55-Bar Channel BreakSPY1 day
Enter when close breaks above the long channel high; exit when close falls back below the shorter channel high.
Levered Nasdaq RideTQQQ1 day
Close breaking the recent high while MACD is already positive. Exit if close loses the shorter-term low.