Page History: Displaying/Customizing Initial Balance and Opening Range
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Page Revision: 2016/04/27 15:35
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The Initial Balance and Opening Range indicators can be toggled on and off using the IB and OR toolbar buttons, or checkboxes on the Properties -> Display (Tab) options page. Additionally, the colors of these indicators can be customized using the Properties
-> Display (Tab).
Initial Balance shows the price range traded in the first 60 minutes (first two letters when using 30-minute TPO intervals). Opening Range displays the price range traded in the first minute of trading. These time ranges for these indicators can be customized on the Properties -> Profile (Tab) options page.
The Initial Balance indicator can be extended by a configurable percentage. The IBx1 extension displays the Initial Balance extended to 150%, the IBx2 extension displays the Initial Balance extended to 200%. These percentages can be customized on the Properties -> Profile (Tab) options page. These indicator extensions can be toggled on and off and their colors customized on the Properties -> Display (Tab) options page.
If the Opening Range or Initial Balance indicators do not appear correct to you, you may try tweaking the custom session time range to the open and close times for the market you are viewing (see Custom Session Times above.)