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Range Box or Initial Balance

5
The initial balance (IB) is a range in which the price spent its first two OPT periods after the opening. In other words, the opening balance is a range of the first hour after the market opened. The opening balance arose from room trading, as room traders observed the various ranges after the market opened.

This indicator allows you to enter the starting and ending hours and minutes of a specific hourly time range so that the trader can set up different IBs according to the market.

Automatically, the indicator will draw on the chart a rectangle containing this time range along with two lines extending at the maximum and minimum values of this time range.

Additionally, the indicator has the ability to display on each IB the size in points of each range along with the functionality to filter out IBs that do not meet the sizes defined by the trader.

This free version only plots the historical IBs that are on the chart. It does not calculate or plot the new IBs that are presented, for that you must load the indicator again.

İncelemeler 1
pino
86
pino 2024.05.08 13:06 
 

It's one of the best free indicators for working on the concept of initial balance.

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Bogdan Ion Puscasu
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Göstergeler
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Bernhard Schweigert
4.53 (15)
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STE S.S.COMPANY
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Göstergeler
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Juvenille Emperor Limited
5 (14)
Göstergeler
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LEE SAMSON
4.67 (9)
Göstergeler
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Göstergeler
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Göstergeler
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Siarhei Vashchylka
5 (5)
Göstergeler
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Sergey Ermolov
4.43 (37)
Göstergeler
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Yazarın diğer ürünleri
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Cristian Mateo Duque Ocampo
1 (1)
Göstergeler
This indicator allows us to identify unusual volatility conditions. If the ATR line is below the middle bollinger line, volatility is assumed to be below average. If the ATR line is above the middle bollinger line, volatility is assumed to be above average. If the ATR line breaks the upper bollinger band, volatility is assumed to be high. If the ATR line breaks the lower bollinger band, volatility is assumed to be low.
FREE
Atr Color Candles
Cristian Mateo Duque Ocampo
Göstergeler
This indicator allows you to visually identify with a different color the candlesticks that exceed a certain limit of the ATR. Just drag and drop it on the chart. The user must enter the value of the ATR period. The user must enter the value of the ATR limit with which he wants to identify the candlesticks. In the colors tab, the user can select the colors with which to repaint the candles.  It is recommended that the first color always be None. The second color corresponds to b
FREE
Filtrele:
pino
86
pino 2024.05.08 13:06 
 

It's one of the best free indicators for working on the concept of initial balance.

İncelemeye yanıt
Sürüm 1.30 2023.05.28
Added functionality to calculate and display the size of expensive IBs.

Added functionality to filter out IBs that do not correspond to the maximum and minimum size (in points) determined by the trader.
Sürüm 1.20 2023.05.28
english language parameters
Sürüm 1.10 2023.05.28
Correction is added to have IB ranges whose end time is less than the start time.