THIS Initial Balance is to be used ONLY on GOLD: XAUUSD

Basic & FREE. Plots New York Initial Balance (NY local time) and projects IB High, IB Low, and optional Midline from IB end to the start of the next day’s IB.

IB values are computed from standard 1-minute candlesticks, so levels stay accurate on any chart type (Renko, Heikin Ashi, Range, Tick, etc.).

Includes a shaded IB box and right-edge price labels. DST aware (anchored to NY local date).

Key Features

• IB window fixed
• Levels: IB High / IB Low / (optional) Midline
• Extend to next IB start (not just session close)
• Works on any chart type
• Shaded IB box + price labels

Inputs

• Show Midline: On/Off
• Extend To Next IB Start: On/Off

Compatibility

• cTrader (cAlgo) Indicator
• Symbols/markets with intraday data
• Designed for charts running in UTC; NY timing auto-handled (DST)

Notes

• IB source uses 1-minute time-based candles internally for accuracy.
• Lines persist across midnight when “Extend to Next IB Start” is enabled.

Not financial advice. This is a basic, FREE tool provided as-is for educational and informational purposes.