Four hour open line with high mid low

5

📊 4H Open Line Indicator - Settings Overview

This custom indicator is used to draw and visualize the opening price, midline, and high/low ranges of 4-hour candles on smaller timeframes. It's particularly useful for intraday traders who want to see higher-timeframe levels.

🔧 Indicator Inputs and Descriptions

Parameter Value Description
OpenLineColor White Color of the line indicating the open price of the 4H candle.
OpenLineWidth 1 Width of the open price line.
OpenLineStyle Solid Line style (Solid) for the open line.
ShowMidLine true Enables the display of a midline between the high and low.
MidLineColor Yellow Color of the midline.
MidLineWidth 1 Width of the midline.
MidLineStyle Dash Line style for the midline (Dashed).
ShowHighLow true Enables visualization of the high and low of the 4H candle.
HighLineColor Lime Color for the high line.
LowLineColor Red Color for the low line.
HighLowLineWidth 1 Width of the high and low lines.
HighLowLineStyle Dot Dotted style for high/low lines.
ShowLabels true Toggles on/off the display of price labels.
LabelFont Arial Font used for displaying price level labels.
LabelFontSize 10 Font size for labels.
LabelColor White Color of the price labels.
Max4HCandles 1 Number of past 4H candles to analyze and draw levels from (set to 1).

📌 Use Case

This indicator is ideal for:

  • Intraday traders seeking precision entry/exit based on H4 levels.

  • Breakout strategies where open/high/low levels are critical.

  • Support and resistance mapping from a higher timeframe.


Reviews 1
Max
1708
Max 2025.11.17 21:19 

Perfect, just what I was looking for, does exactly what it says it does. The 50% level is an added bonus. I use it without the hi and lo levels personally.

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Trading Special –40% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here Looking for the MT5 version? Click here: https:/
Gold Channel XAUUSD
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Indicators
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tradi
Advanced Dashboard for Currency Strength and Speed
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Indicators
Trading Special – 30% OFF Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch
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Session High Low
Jerome Asiusin
Indicators
This indicator help to mark the high and low of the session Asian,London,Newyork , with custom hour setting This indicator is set to count from minute candle so it will move with the current market and stop at the designated hour and create a accurate line for the day. below is the customization that you can adjust : Input Descriptions EnableAsian Enables or disables the display of Asian session high and low levels. EnableLondon Enables or disables the display of London session high and
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Max 2025.11.17 21:19 

Perfect, just what I was looking for, does exactly what it says it does. The 50% level is an added bonus. I use it without the hi and lo levels personally.

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