Initial Balance Breakout

The Initial Balance Breakout (IBB) indicator from ScalperIntel visualizes the first-hour trading range with remarkable precision, providing traders with a complete picture of intraday structure, volatility, and breakout potential.Built for professional day traders, IBB automatically identifies the Initial Balance (IB) zone, projects extension levels, and plots Fibonacci retracements to highlight potential continuation or reversal zones. IBB goes further by applying a unique Forecast Engine, learning from historical IB sessions to project probable price boundaries for the current day — offering an intelligent edge for anticipating volatility and directional bias. Whether you trade manually or build automated strategies, IBB transforms the early session data into a predictive framework for breakouts, rejections, and expansions that define your trading day. Product Key Features Automatic Initial Balance Detection: Identifies the first-hour range or allows custom session windows. Break