IB Study
Companion chart to Extracting Market Behavior Lesson 1: Initial Balance Multiple Study
Companion chart to Extracting Market Behavior Lesson 1: Initial Balance Multiple Study
Companion chart to Extracting Market Data Lesson 2: Initial Balance Multiple Study Expanded
In this video, lesson 3 on extracting market data, we explore the powerful concept of profiles on indicators. Specifically, we extracted the initial balance range from each day and profiled that initial balance. With this profile, we were able to identify how many days the initial balance range fell into various levels (of the past 1000 days, 601 days the range fell between 5 and 10 points, 223 days it fell between 10 and 15 points, etc).
In this video, lesson 2 on extracting market behavior, we expand on lesson one in which we learned how to extract and accumulate initial balance data from daily bars. In this video we take a closer look at the process of creating the signals and custom indicators from scratch while computing the number of days in which the IB range requirements were met. Lessons 1 and 2 have been especially helpful at learning how to extract intraday-based data from daily bars and accumulating that data into meaningful statistics.
This video explains how to use the Mixed Periodicity Data (MPD) Indicator to extract intraday conditions from daily bars, and how to then use signals and custom indicators to accumulate that information and present it as a percentage of all days. In this case, we look specifically at how many days price reached the 1.5 IBH or 1.5 IBL and present that accumulated number as a percentage of all days studied.
How to plot the Initial Balance High (IBH) and Initial Balance Low (IBL) of the day session, on a chart set to any session and periodicity.
This video is going to demonstrate how to set up weekly IB numbers in Investor/RT.
In this video, we are looking at the 30 minute period following the Initial Balance (1st 60 minutes of session). During this 30 minute period, we are looking for price to move outside the initial balance and back into it. When this occurs, we are then looking to see if price traveled the full Initial Balance to the other side, before the session is over.
How to count the number of days where the IB was less than 4 and how to quickly compute the average daily range of those small IB days using a new Signal Statistics result. This video is a supplement to Homework #3. For the full list of homework related videos visit Homework
