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HiLo Stop Indicator [AlphaGroup.Live]
Don't give your money back!
The HiLo Stop is a classic trend-following tool designed to keep trading simple and disciplined.
It plots a single continuous “stair-step” line that switches sides when the trend changes:
• In uptrend, the line appears below price as a green stop.
• In downtrend, the line appears above price as a red stop.
This indicator is commonly used as:
• A trailing stop to protect open profits.
• A trend filter to confirm buy/sell direction.
• A visual guide to avoid trading against the trend.
Key features:
• Clean “one line only” design — never plots both sides at once.
• Adjustable HiLo period for sensitivity control.
• Color-coded trend visualization for quick decision making.
How traders apply it:
• Take trades in the direction of the HiLo line.
• Place stop-loss orders at or near the line.
• Close or reverse positions when price closes across the stop.
About us:
AlphaGroup.Live develops battle-tested trading systems and tools for real traders — indicators, bots, dashboards, and strategy manuals.
Visit alphagroup.live to get our free eBook: The Ultimate 100 Trading Strategies.
The HiLo Stop is a classic trend-following tool designed to keep trading simple and disciplined.
It plots a single continuous “stair-step” line that switches sides when the trend changes:
• In uptrend, the line appears below price as a green stop.
• In downtrend, the line appears above price as a red stop.
This indicator is commonly used as:
• A trailing stop to protect open profits.
• A trend filter to confirm buy/sell direction.
• A visual guide to avoid trading against the trend.
Key features:
• Clean “one line only” design — never plots both sides at once.
• Adjustable HiLo period for sensitivity control.
• Color-coded trend visualization for quick decision making.
How traders apply it:
• Take trades in the direction of the HiLo line.
• Place stop-loss orders at or near the line.
• Close or reverse positions when price closes across the stop.
About us:
AlphaGroup.Live develops battle-tested trading systems and tools for real traders — indicators, bots, dashboards, and strategy manuals.
Visit alphagroup.live to get our free eBook: The Ultimate 100 Trading Strategies.
開源腳本
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。