HiLo Marker: Uncover Key Market Turning Points

HiLo Marker is an intuitive and essential cTrader indicator designed to automatically detect and highlight significant price Highs and Lows based on a defined historical window. This tool brings clarity to your charts by removing the guesswork from identifying swing points, offering a visual edge for any price action trader.

How It Works

The indicator scans a specified "Distance Window" (number of bars) to find the absolute highest High and lowest Low within that range. Once a bar is confirmed as the peak or trough of its surrounding window, HiLo Marker places a distinct red or blue dot (or arrow) above/below that candle. This method helps you objectively pinpoint crucial levels where price previously reversed or found strong momentum.

Key Features & Benefits

• Automated Precision: No more manually drawing lines. HiLo Marker objectively identifies critical turning points.
• Clear Market Structure: Instantly visualize swings, trends, and ranges, making chart analysis more efficient.
• Support & Resistance Zones: The marked highs and lows frequently act as future support and resistance, offering high-probability entry/exit points.
• Versatile: Works flawlessly across all financial instruments (Forex, Gold, Indices, Crypto, Stocks) and on any timeframe.
• Customizable Visuals: Adjust marker colors and offset distance for perfect chart integration.

Input Parameters Explained:

• Length (Offset): This value determines how far above the High or below the Low the marker will be plotted. A larger value creates more visual separation from the candle.
• • Example: Length = 24 means the marker will appear 24 pips (or ticks, depending on the symbol) away from the actual High/Low.
• Distance Window: This is the look-back period the indicator uses to identify a High or Low. A bar is only marked as a Hi/Lo if it is the absolute highest/lowest within this specified number of surrounding bars.
• • Smaller Dist (e.g., 10-20): Captures minor swings and short-term market noise (suitable for scalping).
  • Larger Dist (e.g., 30-60+): Identifies more significant, institutional-level swings and major trend reversals (ideal for swing trading or higher timeframes).

Enhance your price action trading with HiLo Marker. Gain a clearer perspective of market dynamics and make more informed decisions. Download now!