Initial Balance Indicator Update: Custom IB Extension Factors Live!

We’re pleased to release the lastest version of the Initial Balance & daily levels indicator, introducing fully configurable Initial Balance extension factors. Traders can now enter any comma-separated list of percentages—10%, 25%, 125%, 250%, you name it—and toggle that set independently of the standard 50% and 100% extensions.

Key benefits:

  • Tailored analysis: Adapt extensions to your personal strategies or specific instrument volatility.
  • Cleaner interface: Keep default levels on or off, while your custom set lives in its own toggle.
  • Seamless upgrade: Simply download and install; your existing chart settings remain intact.

Ready to customize your IB levels?
👉 Download now and unlock more flexible market profiling today!

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About the Author

Kevin is the founder of Chart Spots and has been active in the financial markets since 2016. With a background in IT and business consulting that dates back to 2006, he combines technical expertise with real-world trading experience. Kevin founded ChartSpots in 2017 to provide data-driven tools and insights that empower traders at all levels.

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