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Date/Time: Tue, 11 Mar 2025 17:55:19 +0000



Initial Balance Does not honor time settings

View Count: 467

[2022-05-03 13:40:08]
Matador Trader - Posts: 24
I am using the initial balance study to mark the opening 30 second range. When I put the time in for 09:30:00 - 09:30:29 it only works if I am using a 30 second chart. If I add to a 2 minute, 5 or 15 minute chart it marks the end of the candle close and does not mark the time period I entered.

I was just wondering if I am doing something wrong or is this not a time based indicator?

Thanks in advance.
[2022-05-03 14:19:32]
User431178 - Posts: 613
I was just wondering if I am doing something wrong

Yes


The time period specified by the Start Time and End Time study Inputs, that the Initial Balance is calculated from cannot be less than the timeframe of the chart bars. And the timeframe of the chart bars must be evenly divisible into the Initial Balance time period for the Initial Balance lines to be accurate.

Initial Balance

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