HiLo Marker
- Göstergeler
- Ivan Simonika
- Sürüm: 1.0
- Etkinleştirmeler: 5
HiLo Marker — Precision Extremum Navigator
HiLo Marker is a professional-grade technical indicator for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), designed to accurately detect and mark local price highs and lows within a specified time range.
Unlike standard fractal indicators, HiLo Marker applies a centered calculation window ($dist / 2$ offset). This approach effectively filters market noise and highlights the most significant pivot points — the areas where market structure genuinely shifts direction.
🚀 Key Features
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Cross-Platform Performance — Fully compatible with MT4 and MT5, using identical core logic.
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Smart Centering Algorithm — Symmetrical price structure analysis for more reliable Price Action signals.
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Clean Chart Interface — No clutter or extra lines. Only precise arrow markers (Wingdings 200 & 202) firmly attached to bars.
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Lightweight & Fast — Optimized code ensures smooth performance, even with multiple charts and symbols open simultaneously.
📈 Trading Applications
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Support & Resistance Identification — Easily detect historical price peaks and valleys to draw key levels.
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Stop Loss Placement — Ideal for positioning protective stops behind the most recent local extremum.
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Trend Structure Analysis — Track Higher Highs (HH) and Lower Lows (LL) to confirm trend continuation or potential exhaustion.
⚙ Settings
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Length — Vertical offset (in points) between the bar and the marker for improved visibility.
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Period (dist) — Lookback window used to determine the local extremum (default: 24 bars).
