Plot vertical lines at the key times that matter: market open, close, 11 am reversal window, and end of week.
This free TradeStation indicator uses the new EasyLanguage drawing object classes, so lines extend from the top of your price panel through any indicator panels below.
What You Get
Four customizable vertical lines, each with:
- On/Off toggle
- Time trigger (any time you want)
- Color input
- Line weight input
The vertical line indicator uses TradeStation’s DrawVerticalLine method – the newer approach that draws lines top-to-bottom across all panels, not just the price bars.
My Setup
I run two configurations:
Intraday charts: Dashed lines at the 8:30 am open and 3:15 pm close of the Emini. Cyan dashed line to mark the 11 am reversal window – most intraday reversals happen before this. If the market hasn’t reversed by 11 am, odds favor the trend continuing into the close. It’s a simple filter that keeps you on the right side of the move.
Higher timeframe charts: Single yellow solid thick line at Friday’s close to mark the week’s trading activity.
Installation
- Download the .ELD file above
- Open TradeStation and go to File > Import/Export EasyLanguage
- Select “Import EasyLanguage file” and choose the downloaded file
- Apply the vertical line indicator to any chart and customize the indicator settings
NinjaTrader Version: In addition, there is a NinjaTrader NinjaScript version of the original code available from the Downloads section of Scott Daggett’s site here.
Vertical Line Indicator Settings
| Input | Default Value | What It Does |
|---|---|---|
| OpenLine | True | Toggle open line on/off |
| CloseLine | True | Toggle close line on/off |
| ElevenAmLine | True | Toggle 11am line on/off |
| WeeklyLine | True | Toggle weekly line on/off |
| OpenTime | 0830 | Time to trigger open line |
| CloseTime | 1515 | Time to trigger close line |
| ElevenAmTime | 1100 | Time to trigger 11am line |
| OpenLineColor | “Green” | Open line color |
| CloseLineColor | “Red” | Close line color |
| ElevenAmLineColor | “Cyan” | 11am line color |
| WeeklyLineColor | “Yellow” | Weekly line color |
| OpenLineWeight | 1 | Open line weight |
| CloseLineWeight | 1 | Close line weight |
| ElevenAmLineWeight | 1 | 11am line weight |
| WeeklyLineWeight | 2 | Weekly line weight |
To change line colors, use one of the recognized TradeStation color names listed here. The line weights can be adjusted from 0 to 6 (integers only). To change line style, edit the EasyLanguage code directly. Available styles: solid, dotted, dashed, dashed2, dashed3.
Note: the vertical line indicator code was updated on 3 December 2025, and so what you see in the video at the top of this page might not match precisely the indicator code you download.
Troubleshooting
Extra panel appearing below your chart?
Go to Format Indicator > Scaling tab > Select “Scale on Same Axis as Underlying Data”
Date/time labels cluttering your lines?
This requires changing the default for all vertical lines:
- Open any chart
- Drawing > Vertical Line > click anywhere on the chart
- Right-click the line > Format Vertical Line
- Labels tab > untick “Show Labels” > tick “Set as Default” > OK
- Delete the line and reapply the indicator
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Professional-Grade Trading Indicators
The free indicators above are useful tools. But if you’re serious about trading futures, these are the indicators I actually trade with:
- Better Momentum – Identifies momentum shifts before they show up on price
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Click here to see the full ‘Better’ Indicator suite.
