Higher-order topological phases (HOTPs) host exotic topological states that go beyond the traditional bulk-boundary correspondence. Up to now, there is still a lack of experimentally measurable momentum-space topological characterization for the HOTPs, which is not conducive to revealing the essential properties of these topological states and also restricts their detection in quantum simulation systems. Here, we propose a concept of polarized topological charges to characterize chiral-symmetric HOTPs in momentum space, which further facilitates a feasible experimental scheme to detect the HOTPs in $^{87}$Rb cold atomic system. Remarkably, our characterization theory not only shows that the second-order (third-order) topological phases are determined by a quarter (negative eighth) of the total polarized topological charges, but also reveals that the higher-order topological phase transitions are identified by the creation or annihilation of polarized topological charges. Particularly, these polarized topological charges can be measured by pseudospin structures of the systems. Due to theoretical simplicity and observational intuitiveness, this work shall advance the broad studies of the HOTPs in both theory and experiment.

8+9 pages, 4+3 figures. References are updated.Typos are corrected