Hourly Trend Open Line

Here is a detailed, ready-to-use prompt for publishing your final simplified indicator, the **"Hourly Trend Open Line,"** on TradingView.

## 🚀 TradingView Indicator Publishing Prompt

**Indicator Name:** Hourly Trend Open Line

**Short Title:** HRLY OPEN

**Type:** Indicator

**Source Code Language:** Pine Script v6

---

### Description and Key Features

**Title:** **The Simplest Trend Filter: Hourly Trend Open Line (HRLY OPEN)** 📈📉

**Body:**

Are you tired of complex indicators that clutter your chart? The **Hourly Trend Open Line** is a minimalist, powerful tool designed for traders who prioritize **clean charts** and **high-timeframe trend conviction**.

This indicator cuts through the noise by displaying the **Open Price** of the selected Trend Timeframe (defaults to the 1-Hour / 60-Minute chart) directly on your current chart.

#### Key Features:

1. **High-Timeframe Trend Filter:** Immediately identifies the direction of the dominant trend by comparing the current price to the open of the selected higher timeframe candle.
2. **Visual Bias (Background Coloring):**
* **Bullish Trend (Green Background):** Current price is **above** the Trend Open Line.
* **Bearish Trend (Red Background):** Current price is **below** the Trend Open Line.
3. **Dynamic Reference Point:** The Trend Open Line acts as a powerful mean-reversion level, serving as a dynamic support/resistance zone for lower timeframe entries.
4. **Full Customization:** Easily change the Trend Timeframe (e.g., to 4H, Daily, or 30m) and customize all colors for the line and the background zones.

#### How to Use It:

* **For Trend Following:** Only look for **Long entries** when the background is **Green** (price above the line) and **Short entries** when the background is **Red** (price below the line).
* **For Mean Reversion:** Use the Trend Open Line as a potential target or bounce zone. A retracement back to the line offers a potential continuation trade entry.

**Keep your analysis focused and your decision-making fast. Add the Hourly Trend Open Line to your chart today!**

---

### TradingView Settings

**Category:** Trend / Trend Following

**Style:** Simple

**Tags:** `trend-filter`, `hourly-open`, `open-price`, `support-resistance`, `mean-reversion`, `high-timeframe`

**Visibility:** Public

---

### 🎨 Recommended Diagram Trigger

You should also include a clear visual demonstrating its function.

****