I remember playing a game when i was a kid. ive been trying to think of the name of this game forever.

it was a fighter type game.

I remember the battle sequences were unique in that there would be red stars, or markers on the upper body, mid section and lower body. You could block where the enemy was attacking you, and you in turn could attack these same places.

If i remember correctly it was a tournament type but also had some rpg elements to it i think.

im stumped.

yep correct martin

I believe that's Wizards N' Warriors and its sequels.