Hello Traders, --->> Initial Balance (IB) which plays a very important role in Day Trading, that can be used as a referance area <<--- This indicator plots the 1 Hr IB high and low area that can be used as a tool for trading decision. Will be very helpful to the traders who has idea about Volume Profile trading. Just a note : If the IB is narrow compared...
I don't remember much about this script. Google it if you care to know more about the value chart indicator.
Here is the Version 2 of the TVI indicator posted earlier. This is inspired from the Value Charts Indicator. Version 1
--- Update April 11, 2015 ---- I have merged in @TheMighyChicken's code (Thanks!) and added some more options. Updated source here - pastebin.com Changes: -------------- - Switch between plain candles and colored oscillator candles. - Switch between candles and plain oscillator view. --- Original Description --- Belkhayate Timing, by Mostafa...