Highest Price Marker

Highest Price Marker – Smart Label & Line Indicator
This Pine Script v5 indicator highlights the highest price reached within the last 100 bars on your chart. It visually enhances key price levels by:

✅ Placing a label at the highest price, positioned 3 candles to the left for clarity.
✅ Drawing a line connecting the label to the actual high for better visibility.
✅ Auto-updating dynamically whenever a new highest price is detected.

This is useful for traders who want to quickly identify resistance levels or analyze historical price peaks without cluttering the chart.

🔹 How to Use:

Add the indicator to your chart.
Look for the red label marking the highest price within the last 100 bars.
The horizontal line helps track the exact price level.
💡 Customization Ideas:

Adjust the lookback period (length = 100) to detect longer or shorter trends.
Modify colors or label positioning to suit your preferences.
🚀 Perfect for:
🔸 Price Action Traders
🔸 Swing & Breakout Traders
🔸 Support & Resistance Analysis