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IB First Hour

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// © Joey Morgan
// NY Session Initial Balance (First Hour)
// Includes:
// - IB High / Low
// - 50% Midline
// - First hour shading
// - Break + reclaim labels
// - Session ends 3:00pm CT
Phát hành các Ghi chú
IB First Hour (NY Session) – With Quartiles & Expansions

This indicator automatically plots the Initial Balance (IB) of the New York session (8:30–9:30am CT) and extends those levels through the regular session (ending 3:00pm CT).

It is built for structured session-based traders who use the first hour to frame daily bias, targets, and expansion potential.

🔹 What It Plots

IB High

IB Low

50% Midline

Optional 25% and 75% quartile levels

Optional IB Expansion Levels

0.5x

1.0x

1.5x

2.0x

Custom multiplier

All levels:

Update in real time during the first hour

Extend through the session

Automatically clamp at 3:00pm CT

Remain visible on prior sessions when scrolling back

🔹 Why Use It

The Initial Balance is one of the most widely referenced session structures in futures trading.

This tool helps identify:

Range days vs expansion days

One-sided vs two-sided auctions

1x and 2x measured move targets

Balance vs imbalance behavior

Structured intraday bias

Instead of guessing targets, expansions are calculated directly from the first-hour range.

🔹 Designed For

Futures traders (NQ, ES, YM, RTY, etc.)

NY session intraday traders

Structured range/auction-based trading approaches

Traders who use measured move logic

🔹 Notes

Default timezone: America/Chicago (CT)

IB window: 8:30–9:30am CT

RTH session: 8:30am–3:00pm CT

Precision respects instrument tick size
Phát hành các Ghi chú
📦 Initial Balance (IB) – First Hour NY Session (CT)

With 25/50/75 Levels + Expansion Targets + Session Lock

This indicator maps the true Initial Balance (IB) from the first hour of the New York session (8:30–9:30am CT) and projects key levels traders use for structure, continuation, and expansion plays.

It automatically:

• Marks IB High & IB Low
• Draws 50% equilibrium
• Optional 25% & 75% internal structure levels
• Projects configurable expansion targets (0.5x, 1x, 1.5x, 2x, custom)
• Locks all levels at 3:00pm CT
• Preserves historical sessions for backtesting
Phát hành các Ghi chú
📦 Initial Balance (IB) – First Hour NY Session (CT)

With 25/50/75 Levels + Expansion Targets + Session Lock

This indicator maps the true Initial Balance (IB) from the first hour of the New York session (8:30–9:30am CT) and projects key levels traders use for structure, continuation, and expansion plays.

It automatically:

• Marks IB High & IB Low
• Draws 50% equilibrium
• Optional 25% & 75% internal structure levels
• Projects configurable expansion targets (0.5x, 1x, 1.5x, 2x, custom)
• Locks all levels at 3:00pm CT
• Preserves historical sessions for backtesting
Phát hành các Ghi chú
📦 Initial Balance (IB) – First Hour NY Session (CT)

With 25/50/75 Levels + Expansion Targets + Session Lock

This indicator maps the true Initial Balance (IB) from the first hour of the New York session (8:30–9:30am CT) and projects key levels traders use for structure, continuation, and expansion plays.

It automatically:

• Marks IB High & IB Low
• Draws 50% equilibrium
• Optional 25% & 75% internal structure levels
• Projects configurable expansion targets (0.5x, 1x, 1.5x, 2x, custom)
• Locks all levels at 3:00pm CT
• Preserves historical sessions for backtesting
Phát hành các Ghi chú
With 25/50/75 Levels + Expansion Targets + Session Lock

This indicator maps the true Initial Balance (IB) from the first hour of the New York session (8:30–9:30am CT) and projects key levels traders use for structure, continuation, and expansion plays.

It automatically:

• Marks IB High & IB Low
• Draws 50% equilibrium
• Optional 25% & 75% internal structure levels
• Projects configurable expansion targets (0.5x, 1x, 1.5x, 2x, custom)
• Locks all levels at 3:00pm CT
• Preserves historical sessions for backtesting
Phát hành các Ghi chú
With 25/50/75 Levels + Expansion Targets + Session Lock

This indicator maps the true Initial Balance (IB) from the first hour of the New York session (8:30–9:30am CT) and projects key levels traders use for structure, continuation, and expansion plays.

It automatically:

• Marks IB High & IB Low
• Draws 50% equilibrium
• Optional 25% & 75% internal structure levels
• Projects configurable expansion targets (0.5x, 1x, 1.5x, 2x, custom)
• Locks all levels at 3:00pm CT
• Preserves historical sessions for backtesting
Phát hành các Ghi chú
B First Hour (NY Session) – With Quartiles & Expansions

This indicator automatically plots the Initial Balance (IB) of the New York session (8:30–9:30am CT) and extends those levels through the regular session (ending 3:00pm CT).

It is built for structured session-based traders who use the first hour to frame daily bias, targets, and expansion potential.

🔹 What It Plots

IB High

IB Low

50% Midline

Optional 25% and 75% quartile levels

Optional IB Expansion Levels

0.5x

1.0x

1.5x

2.0x

Custom multiplier

All levels:

Update in real time during the first hour

Extend through the session

Automatically clamp at 3:00pm CT

Remain visible on prior sessions when scrolling back

🔹 Why Use It

The Initial Balance is one of the most widely referenced session structures in futures trading.

This tool helps identify:

Range days vs expansion days

One-sided vs two-sided auctions

1x and 2x measured move targets

Balance vs imbalance behavior

Structured intraday bias

Instead of guessing targets, expansions are calculated directly from the first-hour range.

🔹 Designed For

Futures traders (NQ, ES, YM, RTY, etc.)

NY session intraday traders

Structured range/auction-based trading approaches

Traders who use measured move logic

🔹 Notes

Default timezone: America/Chicago (CT)

IB window: 8:30–9:30am CT

RTH session: 8:30am–3:00pm CT

Precision respects instrument tick size

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.