IBP

Initial Balance Period

The Initial Balance Period (IBP), as used on statsfortrading.com, is the first 60 minutes of the Regular Trading Hours (RTH) session.

IBP 1.5 is the range multiplied by 1.5 and added to the IBP Low and subtracted from the IBP High.  This gives the full range of IBP 1.5.

Many markets have a high probability of touching or tagging IBP 1.5 during the remainder of the Regular Trading Hours (RTH) session.

Here, at statsfortrading.com, we break this down statistically and provide a statistical distribution based on the remaining 30min bars or the Regular Trading Hours (RTH) session.