To create a BOOTABLE backup drive you need the following:
1. An external drive (USB3 will do fine).
2. Either CarbonCopyCloner or SuperDuper (both are FREE to download and try for 30 days).
Then...
1. Initialize the backup drive to HFS+ with journaling enabled
2. Launch CCC or SD (I prefer CCC)
3. Put your source drive (internal) on the left. Put the target (external) to the right. Choose "safety net OFF". Go!
When done, to BOOT FROM the cloned backup, do this:
1. Restart the Mac
2. IMMEDIATELY hold down the option key, and KEEP HOLDING IT DOWN until the startup manager appears
3. Select the external backup with the pointer and hit return
4. The Mac should now boot from the cloned backup
5. When you get to the finder, it will LOOK EXACTLY THE SAME as does your internal. To verify that you are booted from the backup select "about this Mac" (Apple menu), and check which drive is the boot drive.
You didn't say whether your internal (on High Sierra) is formatted to HFS+ or APFS.
I believe CCC (possibly SD as well) now can create an APFS bootable backup (as well as an HFS+ bootable backup).
A bootable cloned backup will serve you better in a "moment of extreme need" (such as "I can't boot!") than will a TM backup.