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Initial Balance or Sessions

FREE

Published: 30 January 2026

Current version: 1.0

Initial Balance or Sessions

Indicators
Cyril Louis Marc Maillet
Cyril Louis Marc Maillet
Independant at Director

France

877
- https://codepen.io/Objort
I am a small independant developer

and also trader on futures and cfd

I like to develop some EA and indicator that i dont find on the market place

5 topics 30 comments
Version: 1.0

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Initial Balance Pro – Institutional Opening Range

Professional MT5 Indicator

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Trade Like Institutions

Initial Balance Pro automatically identifies the Institutional Initial Balance (IB), Opening Range and key market session levels used by professional traders.

Designed for MetaTrader 5, the indicator provides precise reference zones for breakout trading, range trading and trend confirmation during the London, New York and Asian sessions.

Whether you trade Forex, Gold (XAUUSD), Indices, Futures or CFDs, Initial Balance Pro helps you identify high-probability institutional price levels.

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MAIN FEATURES

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✔ Automatic Initial Balance Detection

✔ Institutional Opening Range

✔ London Session IB

✔ New York Session IB

✔ Asian Session IB

✔ Custom Session Times

✔ Breakout Detection

✔ Range Visualization

✔ Dynamic Extensions

✔ High & Low Levels

✔ Real-Time Updates

✔ Multi-Timeframe Compatible

✔ Lightweight & Fast

✔ Non-Repainting

✔ Fully Compatible with MetaTrader 5

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PERFECT FOR

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• Forex Traders

• Gold Traders

• Futures Traders

• NASDAQ Traders

• US30 Traders

• Scalpers

• Day Traders

• ICT Traders

• Smart Money Traders

• Institutional Traders

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WORKS ON

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• EURUSD

• GBPUSD

• USDJPY

• XAUUSD (Gold)

• NASDAQ

• US30

• GER40

• SP500

• BTCUSD

• ETHUSD

...and virtually any MetaTrader 5 instrument.

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WHY INITIAL BALANCE?

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The Initial Balance is one of the most important institutional reference ranges of the trading day.

Professional traders use it to identify:

✔ Breakout opportunities

✔ Trend continuation

✔ False breakouts

✔ Intraday support & resistance

✔ High-probability reversal zones

✔ Volatility expansion

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BUILT FOR PERFORMANCE

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✔ Ultra Fast Calculations

✔ Low CPU Usage

✔ Clean Chart Display

✔ Professional Visualization

✔ Optimized for MT5

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BEST COMBINED WITH

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• VWAP

• Order Blocks

• Market Structure

• BOS / CHOCH

• Fair Value Gaps (FVG)

• Liquidity Sweeps

• Volume Profile

• Smart Money Concepts (SMC)

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MATRIX COMMANDER All-in-One Tactical Trading Panel for MetaTrader 5 Command Your Trades. Stop Letting Them Run You. Most traders juggle between their chart, a lot-size calculator, and manual risk management, losing precious time on every single decision. Matrix Commander brings it all together in one control panel, right on your chart: One click to enter, one click to secure, o

39 USD

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Cyril Louis Marc Maillet