INITIAL BALANCE and its extensions
January 4, 2023, 2:23 PM
Indicators
2 Comments
Here is the code of the initial balance usable in all the timeframes lower than H1.
Schedules can be modified according to the cessions. To add the color of the IB go to price
configure color zone.
start = 080000
end = 090000
tc = time>=start and time<end
if tc then
if not tc[1] then
valeurhaute=high
valeurbasse=low
endif
valeurhaute=max(high,valeurhaute)
valeurbasse=min(low,valeurbasse)
canal = (valeurhaute-valeurbasse)
valeurbasseA = valeurbasse-canal
valeurbasseB = valeurbasse-(canal*1.618)
valeurbasseC = valeurbasse-(canal*2)
valeurbasseD = valeurbasse-(canal*3)
valeurhauteA = valeurhaute+canal
valeurhauteB = valeurhaute+(canal*1.618)
valeurhauteC = valeurhaute+(canal*2)
valeurhauteD = valeurhaute+(canal*3)
ENDIF
RETURN valeurhaute as " I B H",valeurbasse as " I B L",valeurbasseA as "SUP1",valeurbasseB as "SUP1.618",valeurbasseC as "SUP2",valeurbasseD as "SUP3",valeurhauteA as "RES1",valeurhauteB as "RES1.618",valeurhauteC as "RES2",valeurhauteD as "RES3"
Download
Filename:
Initial-Balance-and-extension.itf
Downloads:
131
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