IB Sessions: NY / London / OvernightIB Sessions: NY / London / Overnight
Plots the Initial Balance (IB) for up to three sessions each day, with its midpoint and optional standard-deviation projections.
WHAT IT PLOTS
- IB High and IB Low: the highest and lowest price during each IB period.
- IB Mid: the 50% point of the range (dashed).
- Deviations (optional): projections measured from a leg anchored at the IB high (1) to the IB mid (0).
Price = Mid + k × (High − Mid)
Default levels: −2, −2.5 (below) and +2, +2.5 (above).
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