Highest Volume [Quant Alchemy]

This indicator is designed for traders looking to enhance their strategy based on volume analysis. The "Highest Volume Signal" identifies significant volume changes and signals potential points of interest.

**Features:**

- **Lookback Period Customization**: Set the number of bars to look back for analyzing the highest volume.
- **Volume Signal Multiplier**: Configure the percentage by which the current bar's volume must exceed the highest volume found in the lookback period to trigger a signal.
- **Visualization**: The indicator plots a shape (triangle) above bars where the signal occurs, making it easy to spot.

**Usage:**

- **Strategy Enhancement**: Use the indicator to identify potential points to signal strategy action when unusually high volume is observed.
- **Customizable Parameters**: Adjust the lookback period and volume signal multiplier to fit your trading style.

**How It Works:**

- The indicator calculates the highest volume among bars within a user-defined lookback period.
- It then compares the volume of the current bar to this highest volume. If the current volume exceeds the highest volume by a set percentage (volume signal multiplier), a signal is generated.
- The indicator is particularly useful in volatile markets where volume spikes can precede significant price movements.

**Application:**

Ideal for short-term traders and those who use volume analysis as part of their trading strategy. The indicator provides an additional layer of confirmation for making informed decisions in trading positions.