Initial Balance High & Low: Accurately define the price range established during the first hour of the Regular Trading Hours (RTH) session. Additional Important Intra-Day Price Levels:

The initial balance range is defined as the range from 9:30am to 10:30am Eastern Time, encompassing the first hour of the regular trading session. Extensions are measured as movements beyond the initial balance high (IBHI) or low (IBLO) by a specified percentage (X%) of the initial balance range (IBHI – IBLO).