INITIAL BALANCE and its extensions

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"

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"

Initial Balance

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Filename : download the ITF files

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larouedegann • 01/04/2023 #
Amélioration du code ………………………….
Je trouvais assez frustrant d’attendre 09H00 pour avoir une IB digne de ce nom.
Donc dans un TIMEFRAME 15MN , j’ai remodifié le code afin d’avoir une pertinence de prise de position dès le pré-cash gràce
au middle dessiné en jaune.
Bien évidemment pour ceux qui sont en M30 le code est a modifié.
if TIME=081500 then
valeurhaute= highest[1](high)
valeurbasse= lowest[1](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=083000 then
valeurhaute= highest[2](high)
valeurbasse= lowest[2](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=084500 then
valeurhaute= highest[3](high)
valeurbasse= lowest[3](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=090000 then
valeurhaute= highest[4](high)
valeurbasse= lowest[4](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
canal = (valeurhaute-valeurbasse)

valeurbasseA = valeurbasse-canal*0.50
valeurbasseB = valeurbasse-(canal*1)
valeurbasseC = valeurbasse-(canal*1.5)
valeurbasseD = valeurbasse-(canal*2)
valeurbasseE = valeurbasse-(canal*2.50)
valeurbasseF = valeurbasse-(canal*3)

valeurhauteA = valeurhaute+canal*0.50
valeurhauteB = valeurhaute+(canal*1)
valeurhauteC = valeurhaute+(canal*1.50)
valeurhauteD = valeurhaute+(canal*2)
valeurhauteE = valeurhaute+(canal*2.50)
valeurhauteF = valeurhaute+(canal*3)
endif

RETURN valeurhaute as ” I B H”,valeurbasse as ” I B L”,MILIEU as”MILIEU”,valeurbasseA as “SUP0.50”,valeurbasseB as “SUP1”,valeurbasseC as “SUP1.50”,valeurbasseD as “SUP2”,valeurbasseE as “SUP2.50”,valeurbasseF as “SUP3”,valeurhauteA as “RES0.50”,valeurhauteB as “RES1”,valeurhauteC as “RES1.50”,valeurhauteD as “RES2”,valeurhauteE as “RES2.50”,valeurhauteF as “RES3”

larouedegann • 01/04/2023 #
if TIME=081500 then
valeurhaute= highest[1](high)
valeurbasse= lowest[1](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=083000 then
valeurhaute= highest[2](high)
valeurbasse= lowest[2](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=084500 then
valeurhaute= highest[3](high)
valeurbasse= lowest[3](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
ENDIF
if TIME=090000 then
valeurhaute= highest[4](high)
valeurbasse= lowest[4](low)
milieu = valeurhaute -((valeurhaute-valeurbasse)/2)
canal = (valeurhaute-valeurbasse)

valeurbasseA = valeurbasse-canal*0.50
valeurbasseB = valeurbasse-(canal*1)
valeurbasseC = valeurbasse-(canal*1.5)
valeurbasseD = valeurbasse-(canal*2)
valeurbasseE = valeurbasse-(canal*2.50)
valeurbasseF = valeurbasse-(canal*3)

valeurhauteA = valeurhaute+canal*0.50
valeurhauteB = valeurhaute+(canal*1)
valeurhauteC = valeurhaute+(canal*1.50)
valeurhauteD = valeurhaute+(canal*2)
valeurhauteE = valeurhaute+(canal*2.50)
valeurhauteF = valeurhaute+(canal*3)
endif

RETURN valeurhaute as ” I B H”,valeurbasse as ” I B L”,MILIEU as”MILIEU”,valeurbasseA as “SUP0.50”,valeurbasseB as “SUP1”,valeurbasseC as “SUP1.50”,valeurbasseD as “SUP2”,valeurbasseE as “SUP2.50”,valeurbasseF as “SUP3”,valeurhauteA as “RES0.50”,valeurhauteB as “RES1”,valeurhauteC as “RES1.50”,valeurhauteD as “RES2”,valeurhauteE as “RES2.50”,valeurhauteF as “RES3”