Without a robust alert tool, traders have to watch charts all day long for special moments when price action makes significant changes. That's terrible!
Don't worry, HiLo View can make your trading (and life) much easier - allowing you to comfortably do your works, watch a movie or lie on your sofa reading a great book while the market is boring. When the market breaches a critical high or low you define, HiLo View will trigger alerts to get you back to trading.
It's true relief, right? HiLo View is an important assistant for scalpers, day traders, trend followers, range traders, pullback traders... How can it be such a universal solution for almost all types of traders?
Here's how it works. HiLo View lets you define a rolling range (e.g. 20 bars), starting at a bars-ago position and then counting backward. The high and low of this rolling range (adjustable by user-defined offsets) are drawn on your chart for you to easily monitor. When the market breaks above the high or below the low, an alert will trigger to direct you into a meaningful trading scenario.
As you see, this rolling range of HiLo View will move forward on new bars coming, and then automatically adapt to the market's price action.
Key features:
- Allow defining a bars-ago position (aka. delay) for looking backward
- Allow defining the high & low periods (i.e. lookbacks) separately
- Allow defining the high & low offsets separately
- Display high & low lines with user-defined width & style
- Colorize high & low lines based on their states: active or normal
- Paint price labels for high & low lines with adjustable font
- Trigger alerts on high/low breach
- Allow quick on/off switch via draggable & customizable toggles
Dedicated NinjaScript signals:
- Signal_State: 2 = price above the High level, 1 = price between the High & the Middle levels, 0 = price equal the Middle level, -1 = price between the Low & the Middle levels, -2 = price below the Low level
- 02 Aug 2024 - Middle level & Signal_State were added.
- 06 Apr 2021 - Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, chart info, property naming/positioning/grouping).
- 23 Jul 2019 - Sound selector was fixed.
- 16 Apr 2019 - The indicator was released (built new).
![[System] Zephyrus Force](https://nizaco-media.nyc3.digitaloceanspaces.com/catalog/product/cache/8ff38408075023c595809570dc58e4db/z/e/zephyrus_force_avatar.png){kind=avatar}
