Initial Balance with Extensions.
Other traders have posted similar indicators. I wrote my own because I wanted additional features.
Features:
You may notice the midpoint of past IB's looks different than the current IB . There is a technical reason for this that I won't go into here. Ask if you want the full explanation.
NOTE: This indicator was designed for the crypto charts. It may have some rendering issues when used with other markets.
Other traders have posted similar indicators. I wrote my own because I wanted additional features.
Features:
- Supports up to 9 extensions. Default = 3.
- Each extension is filled using an automatic gradient. Fill can be disabled if you like.
- IB levels extend into the future to the end of the current session.
- By default only the current IB levels are shown, but you can enable past IB's as well.
- When showing past IB's, each session has a clean break - no awkward lines connecting one session to the other (this really annoyed me about other IB indicators!)
- The IB midpoint is also supported. It is on by default, but can be disabled.
You may notice the midpoint of past IB's looks different than the current IB . There is a technical reason for this that I won't go into here. Ask if you want the full explanation.
NOTE: This indicator was designed for the crypto charts. It may have some rendering issues when used with other markets.
Notas de prensa:
Added labels for all current IB levels
Notas de prensa:
Changed displayed indicator name only