Indicators › Fibonacci › InitialBalance
BadBuddha's Initial Balance + Fibs
Combine Initial Balance concepts with Fibonacci extensions for powerful opening range analysis based on Market Profile.
NinjaTrader 8
Intermediate
LITE
FREE
PRO
$ 79
ABOUT THIS INDICATOR
What it does
Trade the opening range like a pro using J. Peter Steidlmayer's Market Profile concept. Plots IB (Initial Balance) range established during first hour of trading with Fibonacci extension levels. Lite version offers single IB block per day with 3 fixed levels (0.5, 1.0, 1.618). Pro version supports up to 4 independent IB blocks, fully customizable CSV-based Fibonacci levels, live real-time drawing during session, full font customization, and per-block calendar/session anchoring. Essential for futures traders.
✓ Key Features
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PRO
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Lite vs Pro
LITE
FREE
No credit card required
✓
Basic VWAP calculation
RECOMMENDED
PRO
$79
One-time purchase
✓
Basic VWAP calculation
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Ready to Try It?
Download the free Lite version to test it on your own charts, or unlock all features with the Pro version.