Hourly Trade Levels

Hourly Trade Levels is a simple yet powerful intraday indicator designed to highlight important price reference levels used by active traders. It automatically plots the first hour Open, High, Low, and Close, helping traders understand early market direction and key intraday boundaries.

The indicator also displays previous day, previous week, and previous month high and low levels, which often act as strong support and resistance zones. These higher-timeframe levels help traders identify potential breakout, rejection, and reversal areas during the trading session.

In addition, the indicator includes 5 customizable Exponential Moving Averages (EMA) calculated on the close price. Traders can freely adjust EMA lengths, colors, and visibility to match their personal trading style. The indicator is non-repainting, lightweight, and works smoothly on all intraday timeframes, making it suitable for scalping, intraday, and momentum-based trading.