OPEN-SOURCE SCRIPT
已更新 Initial Balance Markets Time Zones
The below script is based on Initial Balance.
Initial Balance is based on the highest and lowest points of Price Action (PA) within the first 60 minutes of trading. There is so much information available online, reference Initial Balance, that I have not provided a reference.
Most indicators I have seen have been solely based on UTC 0000 Initial Balance. My aim with this indicator was to be able to visualize how other time zones market openings Initial Balance affect PA.
The three market openings I chose to code in are:
London 0800 to 0900
New York 1430 to 1530
Asia 0000 to 0100
Within the script I have given the user the option to select to see with a green or red background when PA is above all zones Initial Balance high (green) or PA is below all zones Initial Balance low (red).
Alerts are also coded in, to prompt the user that PA has gone above or below as per above.
The Initial Balance high and lows also offer another form of areas of confluence.
Below are some examples of IB in action:
LTC
NULS
UNFI
DEXE
Initial Balance is based on the highest and lowest points of Price Action (PA) within the first 60 minutes of trading. There is so much information available online, reference Initial Balance, that I have not provided a reference.
Most indicators I have seen have been solely based on UTC 0000 Initial Balance. My aim with this indicator was to be able to visualize how other time zones market openings Initial Balance affect PA.
The three market openings I chose to code in are:
London 0800 to 0900
New York 1430 to 1530
Asia 0000 to 0100
Within the script I have given the user the option to select to see with a green or red background when PA is above all zones Initial Balance high (green) or PA is below all zones Initial Balance low (red).
Alerts are also coded in, to prompt the user that PA has gone above or below as per above.
The Initial Balance high and lows also offer another form of areas of confluence.
Below are some examples of IB in action:
LTC
NULS
UNFI
DEXE
版本注释
Update to capture weekend data版本注释
Delete unrequired code text版本注释
DISCLAIMER this script has been coded based on Crypto Currencies, other non Crypto Currencies will show an alignment error.版本注释
Updates:color and transp - updated to - color.new(,)
Issue highlighted by user that when time is changed in settings it was affecting the output. Issue resolved.
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。