Definition
#Records the bar slot of the most recent strict new high since 00:00 UTC. The filter is true while that slot remains inside the selected rolling window: the live bar plus the preceding completed bars. The opening trade establishes the day's initial high; it does not count as a breakout.
Formula & calculation
#True if: current price > highest price since 00:00 UTC, and that event occurred within the selected rolling windowUnits & range
Boolean. Available independently in the 5m, 15m, and 60m scanner groups.
Interpretation
#True means the instrument broke above every earlier traded price from the current UTC day recently. It does not mean price is still sitting at that high: a pullback can occur after the breakout while the event remains in the selected window.
Practical usage
#Use as an event gate, not a standalone long signal. Pair it with a liquidity floor, positive Net Taker Imbalance, Buy Volume Z-Score, and a positive Current Window Return to separate broad participation from thin-book extensions.
Common mistakes
#Frequent interpretation traps and misuse patterns to avoid when applying this metric.
- Treating a retest of the same day high as a new breakout. Only a strictly higher trade refreshes the event.
- Assuming true means price remains at the high. The field measures a recent event, not distance from the level.
- Using it without liquidity and flow confirmation on thin instruments.
Timeframe note
#This metric applies to rolling windows such as 5m, 15m, and 60m. The underlying definition stays the same; what changes is the time horizon used to measure it. Shorter windows react faster, while longer windows smooth noise and emphasize broader structure.
5m
Faster response to fresh changes in activity and short-horizon structure.
15m
Balanced view between responsiveness and persistence.
60m
Broader context that is slower but more stable.