About – HiLO Pro Range Oscillator
Identify when oscillating and range bound / choppy markets.
About the HiLo Range Stochastic Oscillator
Same idea in general as the ST_Trend Oscillator, the difference is context.
This indicator is used for oscillating or range bound and choppy markets.
HiLo Pro is good at pinpointing range lows or highs when accompanied with Fibonacci or other support and/or resistance.
Both indicators work best in their respective environments, but the best
signals happen when both indicators line up across multiple time frames.
Think “smiles and frowns” concept.