The Look Up Highest study is calculated using the following algorithm:
- On the specified time period, the bar having the highest look-up price is found;
- Study returns its fundamental value of choice.
Basically, if this study uses its default parameters (look-up price is High, price returned is Close, and the length is 14), the study will return the Close price of the bar that has the highest High among the 14 bars.
||The price returned.|
||The price for which the highest value is found.|
||The number of bars in period on which the highest look-up price is found.|
||The Look Up Highest plot.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.