OPEN-SOURCE SCRIPT
Initial Balance BO Strategy
The entry strategy was purely based on Market Profile.
The entry and exit were based on the Market Profile day structure.
Entries were always initiated from 10:15 AM.
The targets were based on the day profile structure.
The day structure consisted of: Normal Day, Normal Variation Day, Neutral Day, Neutral Centre Day, Neutral Extreme Day, Trend Day, and Non-Trend Day.
The entry and exit were based on the Market Profile day structure.
Entries were always initiated from 10:15 AM.
The targets were based on the day profile structure.
The day structure consisted of: Normal Day, Normal Variation Day, Neutral Day, Neutral Centre Day, Neutral Extreme Day, Trend Day, and Non-Trend Day.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.