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IB Zone Volume Distribution

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This Pine Script indicator analyzes volume distribution within the first 15-minute Initial Balance (IB) period of the New York trading session.

It is designed to activate only after the 9:45 AM ET close of the IB, performing a one-time historical analysis.

The core function calculates the total volume traded and distributes it across three defined areas: the top 20%, the bottom 20%, and the middle section of the IB range.

Results, including the IB High/Low and zone volume percentages, are displayed in a concise data table on the chart.

The purpose is to provide a clear, non-real-time view of where the most volume was transacted during the session's opening minutes.
Nota Keluaran
Added Average volume and range

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.