HiLo Activator v1.02 by xCalper
The HiLo Activator is similar to moving average of previous highs and lows.
It is a trend-following indicator used to display market’s direction of movement. The indicator is responsible for entry signals and also helps determine stop-loss levels.
The HiLo Activator was first introduced by Robert Krausz in the Feb. 1998 issue of Stocks & Commodities Magazine.
