Hour Vertical LinesPlots a vertical line on each hour. Only goes back so far.
This indicator is great to look at the structure of the 15m, 5m, 3m, or 1m within the block of a 60m candle.
60min
RexDog Hour Close LinesThe RexDog Hour Close Lines plots the last 4 previous hour (60 minute) closes. Extremely helpful indicator for traders who trade on lower timeframes below the 60.
The plotted lines are also offset to represent that hours close location on the chart-- but keep the below in mind.
The offset is set for a default resolution of 5 minutes. In that chart timeframe, the offset is correct as to the close location. Changing the timeframe to 3m for instance the offset is not accurate to that particular bar. I am sure there is a simple way to do this but maybe I'm just not smart enough to figure it out. Either way, the offset in any timeframe is easy to distinguish the oldest hour close to the newest.
This indicator has the following options:
You can enable or disable any previous 4 hour close line
You can change all line sizes
You can change all line colors. I do apologize if it's inconvenient that I've defaulted the lines to different colors.
I've limited the visibility to only periods below 60 minutes-- but and maybe there is a better way to do this (if so please share). The limit is based on the most common periods below 60: 1, 2, 3, 5, 10, 12, 15, and 30.
Will most likely release the 240 and 30-minute version of this I have on a few charts.
