HAPIFHHL

Purpose: Identifies key intraday support and resistance levels in stock index futures, acting as price magnets to guide trading decisions.

Description:

Developed by Fari Hamzei in 1996, HAPIFHHL plots dynamic high and low levels that attract price action throughout the trading day, making it a favorite among S&P and NASDAQ futures traders.
Green dashed lines mark lower support levels, while red dashed lines indicate upper resistance levels, often signaling potential reversal or consolidation zones.
Example: Price stalling near a red FHHL level at 5280 can signal a reversal or a shorting opportunity.
Exclusive to day session data, this indicator provides a clear roadmap for intraday price movements.

NinjaTrader Use:

Plotted as horizontal dashed lines on a NinjaTrader chart—green for support levels, red for resistance levels.
Integrates with RadarScreen to scan for price proximity to FHHL levels across instruments, tailored for day session stock index futures.
No user inputs required, automatically calculated using day session data.

Practical Example:

On our chart for ES futures, HAPIFHHL breaks the lower level, bounces from first support, and fails with a lower high. Subsequent rotations eventually stall at the breakout and hit level 2 support and below.