Hourly + M45 Vertical Time V1.0

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Hourly + M45 Vertical Time V1.0

Hourly + M45 Vertical Time is a visual intraday timing and market-structure indicator designed to make hourly transitions easier to identify while providing advance notice of the upcoming H1 open.

The indicator marks each hourly (:00) open with a vertical line and optional timestamp. It can also mark :45 of every hour, providing a visual 15-minute warning before the next hourly candle begins.

In addition to time markers, the indicator identifies the nearest confirmed swing high and swing low leading into each H1 open, allowing traders to quickly see nearby pre-hour market structure and potential liquidity levels.

KEY FEATURES

H1 Hourly Markers

Vertical line at every hourly :00
Optional hourly timestamp
12-hour or 24-hour time format
Timestamp placement at Bottom, Center, or Top
Adjustable line color, width, and style
Solid, dashed, or dotted lines

M45 — 15-Minute Warning

Optional vertical line at :45 of every hour
Serves as a visual warning that the next H1 candle is 15 minutes away
Independent color, width, and line style
Four label choices:
Full time — 7:45am
Minimal — :45
Countdown — 15m
None — line only

Pre-H1 Swing Identification

Identifies the nearest confirmed swing high and confirmed swing low leading into the H1 open
Marker is placed on the actual candle where the swing occurred, rather than the later candle where the pivot becomes confirmed
Display both swings, high only, or low only
Adjustable swing strength
Selectable search window:
Current Hour
Last 90 Minutes
Last 2 Hours
Choose triangle or dot markers
Independent colors and sizes for swing highs and swing lows
▼ identifies a confirmed swing high
▲ identifies a confirmed swing low

Time Zone Control

New York — Eastern Time
Chicago — Central Time
Uses DST-aware time zones so daylight-saving changes are handled automatically

Alerts

H1 Hourly Open alert
M45 / 15 Minutes Until Next H1 alert
DEFAULT CONCEPT

The indicator is designed around a simple visual sequence:

Previous H1 Next H1
│ │
│ ▼ Swing High │
│ /\ │
│ / \ │
│ / \ :45 │
│ \ ┊ │
│ \ ┊ │
│ \_/ ┊ │
│ ▲ ┊ │
│ Swing Low ┊ │
│ ┊ │
7am 7:45 8am

The H1 line is the primary time reference.

The M45 line acts as the advance warning.

The swing markers provide market-structure context leading into the next hourly open.

IMPORTANT SWING LOGIC

Swing markers represent confirmed pivots, not simply the highest and lowest candle of the hour.

A swing requires candles on both sides of the potential pivot. Because of this, a swing is only identified after sufficient price action exists to confirm it.

Once confirmed, the marker is placed back on the original swing candle.

Increasing Swing Strength produces fewer, more significant pivots. Decreasing Swing Strength makes the indicator more sensitive and identifies smaller market swings.

SUGGESTED STARTING SETTINGS

For your initial testing on the 4-minute chart, I'd use:

Time Zone: Chicago (Central)
Time Format: 12 Hour
Timestamp Position: Bottom

H1 Markers: ON
H1 Style: Dashed

M45 Markers: ON
M45 Style: Dotted
M45 Label: :45

Pre-H1 Swings: ON
Swing Strength: 2
Swing Search Window: Current Hour
Swing Display: Both High + Low
Marker Shape: Triangle

One distinction I want to preserve as we develop this indicator: the swing feature is contextual—it doesn't by itself declare that a swing will be swept, reversed from, or traded. It's showing you where the most recent confirmed structure was before H1 so you can combine that information with your own trading model.

That gives Hourly + M45 Vertical Time V1.0 a very clear job:

TIME → WARNING → STRUCTURE → H1

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