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
1679
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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Special offer :  ALL TOOLS , just   $35   each for a limited time! New tools  will be  $30  for the  first week  or the  first 3 purchases ! Trading Tools Channel on MQL5: Join my MQL5 channel to receive the latest updates Multi-Timeframe & Multi-Symbol Guide:  Multi-Timeframe & Scanner User Guide - Available in 12 Languages See the MT5 version at:  Volume-Trend Order Block MT5 Multi-Timeframe Scanner See the MT4 version at:  Volume-Trend Order Block MT4 Multi-Timeframe Scanner See more product
Apollo Striker
Oleg Rodin
Indicators
Apollo Striker is an effective BUY/SELL arrow indicator that predicts the direction of price movement. This indicator is suitable for absolutely all traders, regardless of the preferred strategy or currency pair, time frame. This arrow indicator can be used with absolutely any trading instrument, be it currencies, metals, indices, stocks or even cryptocurrencies. Moreover, a trader can easily adapt the indicator signals for any trading pair and time frame using a special parameter in the indicat
TrendLine PRO MT4
Evgenii Aksenov
4.83 (168)
Indicators
The Trend Line PRO indicator is an independent trading strategy. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection. Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices. The indicator is used in trading on real accounts, which confirms the reliability of the strategy. Robots using   Trend Line PRO   and real Signals can be found here:   
UPD1 Volume BOX
Vitaliy Kuznetsov
4.94 (16)
Indicators
The indicator displays the horizontal volume profile in the specified area (BOX) and the maximum volume (POC). Product Features. 1. You can use ticks or just price. 2. Adaptive grid spacing (M1-MN). 3. Adaptive high volume (median) search step depending on box size. 4. Automatic chameleon color for box lines and buttons. 5. Multiple boxes, easy to create and delete. 6. 70% volume area (enable in settings). 7. There is an alert for touching the maximum horizontal volume line (POC). 8. VWAP. 9. C
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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
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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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