... The following photo shows some sort of a strap, but that would be the same location, below the knee at the top of the shin, where you would want the knee bar placed against....
That strap is a support for the tibial tuberosity that gets inflamed from jumpers knee and/or
Osgood-Schlatters DiseaseHealth wise in my Educated Humble Opinioun have the knee bar somewhere below the tibal tuberosity (TT). Try to find that magic spot between TT and as low as you can before starting to loose stablity. No lower than half the the distance from TT and the ankle bone. BUTTTTTT... there are trade offs. More detail below.
Best spot for helping avoiding knee joint injury and/or broken shin bone seems to me to have the pressure of the knee bar being applied at the spot that is 1/2 the distance from TT to "center" of shin bone. (or 1/4 distance from TT and ankle, same thing just said differently)
Now this 1/4 spot may NOT be best place for getting bocks tight and feeling like they aid in your jump due to maximized stablility . So from there you have trade off's between mechanical efficency and injury prevention that you have to choose from. More stability in stilts when strapped on up highertoward TT and above that buttt... Higher up you go toward the TT, higher chance of injury of knee due to hyperextension. Lower you go from the 1/4 spot toward the center of the shin bone... the higher chance of breaking your leg (same stress just applied to a different place resulting in different injury by same type accident/wear and tear)
In reality though lower than that 1/4 spot toward the 1/2 way spot (from TT to ankle) I see as creating less stability of the stilt on your leg. So doubt you would go that route anyway.