Plots 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.
The 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...