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HighLow Arrow Indicator
HighLow Arrow is a simple indicator to be used to signal major lows and major highs in your chart.
This indicator is not intended to be used to trade. It is just a visual help to have clean chart and see price action.
The HighLow Arrow is used by traders using the Micro Trend System ( More info ).
In this case the HighLow Arrow indicator signals that a new high or a new low is forming and that traders can prepare for seeking new signals with the Micro Trend System.
Inputs of the indicator are:
It can be used with any class of assets: Forex, Stocks, Indices, Futures, Commodities and Cryptos.