Homework #01 - IB Breakouts

Duration:16:23
Variable speed version: Watch

How frequently does price break above the IB high, below the IB low, to both side, or stay inside the IB for the duration of the session?

Terminology

IB - Initial Balance - Range in which price traded for the first hour of the day session, typically 9:30am ET to 10:30am ET for the ES. IBH = IB high. IBL = IB Low.

Note

IB High Breakout Only = 36.6%, IB Low Breakout Only = 29.7%, Breakout to Both Sides = 31.6%, No Breakout = 2.1% (1,000 days ending 11/23/10)

Chart Reference HW IB Breakout

Comments

 Nov 11, 2017
benjaminlarsson

Comment: 
I'm pretty new to the software. Is there any easy way to add automatic percentage calculation like in homework #25 (Vpoc study) ?