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InitialBalance

InitialBalance. Universal business tool from professional traders that helps to visualize interest market situations. It previews markets using a price action and sentiment in the market. Tool necessary to understand the market situation and the anticipation of further movement. Finally, you will see how traders estimate the market.

Who knows the first steps in the market can estimate the point where the market will stop and reflect!

With this tool, you will see important supports and resistances. It shows you the entry of big players on the market.

The indicator works on all timeframes. You are not limited by use of different timeframes, the indicator is able to adapt. On the screenshots, you can see different views of InitialBalance and entrances to the market. The indicator contains basic settings. Please keep in mind that the use of more bars for calculation may lead to the program slowdown.

Settings:

  • Daily IB=true – you will see daily IB
  • Daily IB color – daily IB color
  • Daily IB width=1 – daily IB width
  • Weekly IB=true – you will see weekly IB
  • Weekly IB color – weekly IB color
  • Weekly IB width=1 – weekly IB width
  • Monthly IB=true – you will see monthly IB
  • Monthly IB color – monthly IB color
  • Monthly IB width=2 – monthly IB width
  • Fibo Info – do not change
  • Fibo 1 - 9 – strong level of S/R
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Petr Plechac
A new way of managing your trades – efficiently, automatically and with no emotions. Control various markets and manage many different trades at one moment. Grasp your competitive advantage and ultimately find out what profitable trading looks like! Trademanager is a piece of software developed for MT4 platforms. This tool enables you to completely set up all parameters for many different trades on many different markets – at one time and with no emotions as psychological obstacles. Must-need to
Price level alert is a software that gives you an overview of your all drawn levels (supports and resistances) for more than 10 markets in only one elegant table which you can see right in your chart. Price alert is not only this, it also sends you notification (alert) when a market has reached one of your predefined levels. Therefore, this is a must-have tool for all traders who want to cut the time sitting in front of a computer significantly and not to miss any trade. Settings (inputs) Symb
The Baseline Balance tool shows multiple pivot lines for short, mid and long time market cycles. Thus trader can easy identify local or global S/R (support/resistance) levels for better timing of investments and entries to the market. Due to the multifunctional menu directly on chart the settings is fast and accurate. Pivot lines are generated for H1, H4, Daily, Weekly, Monthly, Yearly timeshares. Menu on chart shows following settings: Line Display Settings Middle_Lines – shows middle calculati
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Version 1.2 2021.11.22
New version 2021
Version 1.1 2016.11.02
We added description warnings about the risks into the tool.