PROTECTED SOURCE SCRIPT
IB+ [Intromoto]
Hey traders,
This is a script that calculates the Initial Balance , which is the range of the first hour per trading session/day.
The pink and green lines are the high and respective low extension multiples, up to x12 the IB .
White line in the center is the middle of the IB , and the orange lines above and below are the 1/4 and 3/4 fractions of the IB .
IB is filled black to make the IB a bit more obvious.
The IB can be used to determine the direction/trend of price intraday or for swing trades.
S/R or pivot levels often occur at current or past IB extensions.
Reuploaded for code protection and for further edits.
This is a script that calculates the Initial Balance , which is the range of the first hour per trading session/day.
The pink and green lines are the high and respective low extension multiples, up to x12 the IB .
White line in the center is the middle of the IB , and the orange lines above and below are the 1/4 and 3/4 fractions of the IB .
IB is filled black to make the IB a bit more obvious.
The IB can be used to determine the direction/trend of price intraday or for swing trades.
S/R or pivot levels often occur at current or past IB extensions.
Reuploaded for code protection and for further edits.
Skrip dilindungi
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
Ingin menggunakan skrip ini pada carta?
DM for access.
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Follow on Twitter for updates.
One time fee, no subscription
twitter.com/IntroMoto
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.