OPEN-SOURCE SCRIPT
IB with Dashboard
This script is an advanced intraday analysis tool designed for Futures (NQ, GC, ES) and Forex traders who use the Initial Balance (IB) as the foundation of their strategy. It automates the plotting of the first hour of trading (or your custom session) and provides comprehensive visual and statistical context to identify market expansions or rotations.
Key Features:
How to Use:
This indicator is ideal for identifying Mean Reversion strategies (when price respects the IB mid-levels) or Trend Following setups (when the status shifts to "Breakout" and price targets the extensions).
Recommended Settings:
Key Features:
- Dynamic IB Visualization: Automatically plots the High, Mid (50%), and Low levels of the initial range.
- Historical Data Toggle: A unique option to switch between viewing only the current day's IB (clean chart) or keeping the history for backtesting and previous session analysis.
- Fibonacci Projections: Includes customizable extension levels (defaulted at 1.5x and 2.0x) to identify take-profit targets after a breakout.
- Range Shading (Box): Visually identifies the "balance zone" with adjustable shading between IB High and IB Low for better price action context.
- Integrated Alert System: Ready-to-use alerts for IB High/Low breakouts and when the price reaches specific projection targets.
How to Use:
This indicator is ideal for identifying Mean Reversion strategies (when price respects the IB mid-levels) or Trend Following setups (when the status shifts to "Breakout" and price targets the extensions).
Recommended Settings:
- IB Session: 09:30 - 10:30 (NY Time) for maximum institutional relevance.
- Extensions: Adjust multipliers based on the asset's volatility (1.5x and 2.0x are standard for trending markets).
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。
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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。
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。