ImaWrknMan

IB + Extensions

ImaWrknMan Updated   
Initial Balance with Extensions.
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.
Release Notes:
Added labels for all current IB levels
Release Notes:
Changed displayed indicator name only
Protected script
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