OPEN-SOURCE SCRIPT

4H IB + BO Midpoint – [SANIXLAB]

850
This indicator plots the Initial Balance (IB) high and low for each 4-hour period and automatically calculates potential breakout levels and midpoints.

At the start of every new 4-hour block the script:

Captures that block’s high and low (Initial Balance),

Draws horizontal lines at the IB high, low and midpoint,

Calculates breakout targets above and below the IB using (optional) extension factor,

Creates horizontal lines at those breakout levels and their midpoint,

Breakout areas extend as new bars arrive.

[SANIXLAB]
MR.L

免責事項

この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。