The High function in ProBuilder language is used to retrieve the highest price of the current bar or the highest price from a specified number of previous bars. This function is particularly useful in technical analysis for identifying price peaks over a given period.
Syntax:
High[N]Where N is the number of bars to look back. If N is omitted, the function returns the high price of the current bar.
Example:
myHigh = High[10]
This example assigns the highest price from the last 10 bars to the variable myHigh.
Additional Information:
- If N is set to 1, the function returns the high price of the current bar, which is equivalent to using
Highwithout any parameters. - The function can be used in various trading strategies, such as those that involve breakouts from a range defined by the highest prices over a certain number of bars.
Understanding the High function is essential for analyzing market trends and making informed trading decisions based on historical price movements.