IB by levels
auto-plots mulitple extension levels above and below the first hour's range with dynamic price labels that follow current price.
information
IB by levels|edgeful.com
what it does
this indicator calculates the IB high and low from the first hour of trading, then draws 16 extension levels based on customizable multiples of the IB size. the longer formation period typically produces more significant levels than ORB.
labels dynamically follow the current bar position, showing level multipliers and optional price values. the simplified interface provides clean extension targets without dashboard complexity.
key features
one-hour IB formation period
16 customizable extension levels
dynamic labels with price and level values
lines extend through trading session
minimal interface focused on level-based trading
explainer chart
IB by levels|edgeful.com
