Breakout Script

Optuma Scripting
1

I have been trying to use a script in a watchlist to give me a True or False if the market breaks through the highest high within the last 55 bars on a day chart.

I am using the following HIGH()>HIGHESTHIGH(Bars=55,Day, InCbar=False, inside bars=True)
When I test it I get a lot of TRUE but when I examine the chart it is not what I though. I know I am missing something in the scripting but just can’t see it.

Also, what is the function that would display the date the breakout occurs?

I would appreciate any input. Thanks

Stan

2

Thanks Stan - that correctly shows new 55 bar highs. Can you give an example of in incorrect result? Take a screenshot and click the Insert Image button (to the left of <> Code) above which will help us find the issue.