Initial Balance Wave Map

This indicator visualizes the Initial Balance (IB) range for any session, marking the first hour's high and low. It includes optional midpoints, extensions (e.g. 1.5x IB, 2x IB), and customizable time windows. Additional features allow users to display session open, high, low, close, and VWAP reference points. Designed to support price action and session structure analysis, it adapts to various global futures and FX market opens. All display elements are optional and fully configurable.

This updated indicator builds upon the open-source foundation by noop-noop with enhancements and user-facing labels tailored for Auction Market Theory, scalping, and structure-based trade setups.

Key updated Featured: Multiple previous day's IB levels carry forward into the current day's chart, as opposed to just the previous day's levels carrying forward to the new IB time.

🙌 Credits:
This script builds upon the excellent open-source work by @noop-noop. Original script available here.