Initial Balance with Labels

[hboogie]

Hi, I'm looking for help on a script that's able to simply shade the area chosen for IB (I like using the first hour) but there would be an input to choose which range you want to define as your IB.

Once IB closes ( 10:30am ET) in my example, the labels will show " IB high : $ price | IB low: $ price | IB mid : $ price "

if Price is above IB high color dark.green , if below IB low, color pink, if in between IB high and IB low, color white.

This the IB for today with the proper shading im looking for from tradingview

 

[antwerks]

umm not sure about the positioning of the arrow with that

 

[hboogie]

umm not sure about the positioning of the arrow with that

Ant,

not getting any shading or labels and it's a few mins passed the IB, any thoughts ?

I had the chart running and it didn't automatically apply. Once i added another indicator and it refreshed, it populated. going to keep an eye on it. Thanks

 

[hboogie]

was able to make some changes to the shading and adding a 4th label.

http://tos.mx/!ENg91mJS

 

[antwerks]

Running well on SPY not so well on SPX probably because SPX has no volume

 

[halcyonguy]

@halcyonguy Thank you and noted on using the word "simply" going forward. But, regarding this point, I thought the label coloring instructions were obvious with my first quote. What else was missing ? It's the entire label that I originally wanted colored. Having zero coding ability, I , unlike you, don't know the extent of what I could be labeling or coloring....

I tried to create a short thread as opposed to bombarding the thread with links and examples only for it to be confusing. If there are hardcoded criterias you and the admins want on descriptions, inclusive to links, point me to where that's mentioned or perhaps a pinned thread I missed.

Thanks @antwerks for taking it on and making it your own and providing some awesome feedback.

you didn't say color some labels.
you said assign colors, but you didn't say what to color.
at first i thought you meant price bars. i ended up not coloring anything and waiting to see how.
i hope mine or antwerks study is close to what you want. let us know.

 

[hboogie]

you didn't say color some labels.
you said assign colors, but you didn't say what to color.
at first i thought you meant price bars. i ended up not coloring anything and waiting to see how.
i hope mine or antwerks study is close to what you want. let us know.

Thanks.

After some changes it's working as intended. The one thing I'll have to confirm tomorrow is whether the shading takes into effect real-time. Aftet 10:30 today it didn't, i had to restart the chart. TBD tomorrow.