The standard HiLo Activator indicator generates step charts.
For those who use other trading platforms, the indicator creates step charts.
HiLo Activator is a trend-tracking indicator based on the highs and lows of candlesticks. It is used to determine the starting points and trailing stops during operations performed on the trend.
In the input parameters, you can configure:
- HiLo Period
- The method of calculating the moving average used in HiLo (simple, exponential, etc.)
- The thickness and color of the ASCENDING and DESCENDING lines.