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You can also save the original indicator under a different name, such as anaInitialBalanceV30. You will then need to replace the string "OR30" with "IB30" within the indicator code to have different enums. You can then replace the text in lines 111-113 to show "IB-High", IB-Low" and "IB-Mid" and afterwards compile. Compiling of the copied indicator will not work, if you do not change the names of the enums.
Following a suggestion by @trendisyourfriend, the indicator will now show all incomplete ranges in gray. Once they are completed they switch to their usual color.
This applies to the opening range between session start and completion, to the night session or pre-session range prior to session start, the Asian range during the Asian session and the European range during the European session.
I would appreciate, if some of you tested the indicator. It works correctly on my machine, but with all the rules for the different timezones, it could well be that the Plot() meethod does something unexpected, if you are sitting in the US or Asia.
A short note on the OpeningRange V31 and Initial Balance Range Bands V31 Indicators.
There are several NinjaTrader bugs that affect the indicator and occur, when you use it on volume or tick bars with very small periods. The bugs are the consequence of a strange behavior of NinjaTrader time stamps. More details are here:
A short note on the OpeningRange V31 and Initial Balance Range Bands V31 Indicators.
There are several NinjaTrader bugs that affect the indicator and occur, when you use it on volume or tick bars with very small periods. The bugs are the consequence …
The problem will translate to a very narrow opening range, which is calculated from the high and the low of the first bar.
It will only affect the super fast scalpers, which use tick and volume charts with a resolution that allows to complete the first bar of the session prior to the end of the first second of the trading session.