OPEN-SOURCE SCRIPT

Initial Balance Markets Time Zones - Overall Highest and Lowest

Updated
Initial Balance Market Time Zones - Overall Highest and Lowest is an modified version of my previous script.

The aim was to show a cleaner screen by only displaying the highest and lowest Initial Balances from London, New York and Asia.

The below options are within the settings.

No.01
Price Action above all Initial Balances high = Green
Price Action below all Initial Balances low = Red

These are accompanied with alerts

No.02
Price Action above Midline = Green
Price Action below Midline = Red

These are accompanied with alerts


You also have the option to display all the Initial Balances within the settings.
Release Notes
https://www.tradingview.com/blog/en/organize-script-inputs-in-sections-and-lines-23321/

Implemented the "The new group parameter allows programmers to define a section header for a group of inputs".
Release Notes
Background update
initialbalancetimezoneTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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