Indicators
Range High
What is it?
Range High is the highest price an asset reaches over a specified period (e.g., 14 days). It’s a simple way to gauge resistance levels or breakout points.
How is it used?
- Breakouts: A price moving above the Range High may signal a bullish breakout.
- Resistance: Range High often acts as a ceiling where prices struggle to break through.
- Stop-loss placement: Set stops below the Range High for short trades.
How is it calculated?
Range High = Max(High1, High2, …, Highn)
Where n is the lookback period (e.g., 14).
The above content is designed for informational purposes only, and is explicitly not investment advice. Algo Pilot is a US based technology company and not a bank, broker-dealer, or RIA. As such, Algo Pilot LLC does not provide investment advice and is not a member, SIPC. Brokerage services offered by 3rd parties are not directly affiliated with Algo Pilot LLC, and Algo Pilot users may choose the broker relationship that they desire.