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We've needed this in sheets since forever.
Excel has the native shortcut alt+h,o,i and while we've got some of Excel's shortcuts in Sheets, we don't have that one.
Well, it doesn't take a ton of work to get this working.
I've written a short bit of code as well as added it to a keyboard shortcut in the .json file. Grab the working sheet below.
The link will take you to a template - click USE TEMPLATE in the top right. This makes your own copy to use.
The first page has instructions on it...follow them and you're golden.
CTR + ALT + SHIFT + 1 is the default shortcut that I've programmed for this to work.
If you're on a Mac, you're good. CMD + OPTION + SHIFT + 1 does the same thing.
That's it.
You can modify the code by going to Apps Script and changing either the code itself (at your own risk) or the .json file for the shortcut.
If you mess up, just make another copy from the template I'll send you.