Although its not just a HIPs product Avast Free can be tweaked for such things and I find it almost flawless. How to setup Avast Internet Security for Maximum Protection (2016 Guide)
This guide works for the Free Version just wasn't known or something. If you haven't you should make a security configuration thread.
for most users and in most cases, default/deny is preferable to HIPS.
Why? Because if you don't block malware at the first HIPS prompt, you are taking a risk.
Default/deny= the first HIPS prompt