OPEN-SOURCE SCRIPT
Initial Balance Breakout Strategy
Initial Balance Breakout (IBB)
Trades breakouts from the Initial Balance (IB) — the price range formed between 9:30 and 10:30
ET — using a retracement entry model on major futures markets.
Concept
The first hour of the New York session establishes the Initial Balance. A breakout above the IB
High or below the IB Low signals directional intent. Rather than chasing the breakout, the
strategy waits for price to retrace back toward the IB boundary and enters at a defined pullback
zone, improving the risk/reward ratio.
Entry Rules
- IB forms from 09:30–10:30 ET across 5-min bars
- After a breakout, a limit order is placed at a configurable retracement level (default: 25%
back into the IB range)
- Long only if the IB High broke first (and IB Low was not violated); Short only if the IB Low
broke first
- Entry window closes at 15:00 ET; pending orders are cancelled if the opposite side breaks or
the window expires
- IB range must fall within a min/max % filter to avoid dead or extreme sessions
Exit Rules
- Take profit: IB High/Low ± a multiple of the IB range (default 0.5×)
- Stop loss: set inside the IB range at a % of the IB size (default 60%)
- Time stop: all positions closed at 15:30 ET
Parameters
┌─────────────────────┬─────────────┬────────────────────────────────────────┐
│ Input │ Default │ Description │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ IB Window │ 09:30–10:30 │ Range formation period │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Retracement % │ 25% │ Pullback entry level │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Min / Max IB Size % │ 0.3% / 1.5% │ Filters low-volatility or extreme days │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ TP Multiplier │ 0.5× IB │ Profit target distance │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Stop Loss % of IB │ 60% │ Stop distance relative to IB size │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Entry Window End │ 15:00 │ No new entries after this time │
└─────────────────────┴─────────────┴────────────────────────────────────────┘
Trades breakouts from the Initial Balance (IB) — the price range formed between 9:30 and 10:30
ET — using a retracement entry model on major futures markets.
Concept
The first hour of the New York session establishes the Initial Balance. A breakout above the IB
High or below the IB Low signals directional intent. Rather than chasing the breakout, the
strategy waits for price to retrace back toward the IB boundary and enters at a defined pullback
zone, improving the risk/reward ratio.
Entry Rules
- IB forms from 09:30–10:30 ET across 5-min bars
- After a breakout, a limit order is placed at a configurable retracement level (default: 25%
back into the IB range)
- Long only if the IB High broke first (and IB Low was not violated); Short only if the IB Low
broke first
- Entry window closes at 15:00 ET; pending orders are cancelled if the opposite side breaks or
the window expires
- IB range must fall within a min/max % filter to avoid dead or extreme sessions
Exit Rules
- Take profit: IB High/Low ± a multiple of the IB range (default 0.5×)
- Stop loss: set inside the IB range at a % of the IB size (default 60%)
- Time stop: all positions closed at 15:30 ET
Parameters
┌─────────────────────┬─────────────┬────────────────────────────────────────┐
│ Input │ Default │ Description │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ IB Window │ 09:30–10:30 │ Range formation period │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Retracement % │ 25% │ Pullback entry level │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Min / Max IB Size % │ 0.3% / 1.5% │ Filters low-volatility or extreme days │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ TP Multiplier │ 0.5× IB │ Profit target distance │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Stop Loss % of IB │ 60% │ Stop distance relative to IB size │
├─────────────────────┼─────────────┼────────────────────────────────────────┤
│ Entry Window End │ 15:00 │ No new entries after this time │
└─────────────────────┴─────────────┴────────────────────────────────────────┘
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。