📌 Purpose of the Indicator #

The IBDR answers one crucial question:

“Am I buying too high or selling too low?”

To help with that, the indicator automatically plots:

• Interbank Dealing Ranges (IBDR) across multiple timeframes (e.g. 30m, 1h)
• Premium / Discount zones and the Equilibrium
• Intermediate and optimal levels to refine your entries

🧠 Who is this tool for? #

Whether you are:

• A beginner tired of entering trades at random
• An intermediate trader looking to filter setups with more logic
• An advanced trader aiming to align with Smart Money behavior

👉 Market Environment helps you:

• Stop trading blindly
• Wait for entries in favorable zones
• Quickly analyze the market structure across multiple timeframes

⚙️ Modularity & Customization #

Every feature can be tailored to your trading style:

• Select the timeframes (e.g. 15m, 30m, 1h)
• Choose IBDR sensitivity: high, medium, or low
• Pick which levels to display (Equilibrium, 0.25, OTE, etc.)
• Customize the color, lines, and labels
• Enable automatic IBDR switching

👉 Whether you’re a scalper or a swing trader, this indicator adapts to your market view.

🔔 Built-in Alerts #

The indicator includes several types of alerts:

• When a new IBDR is plotted
• When the High or Low of the IBDR is broken
• When price crosses from Premium → Discount (or vice versa)

📍 Alerts can be configured:

• Globally via Any alert() function call
• Individually (e.g. “New Environment”, “High Break”…)

👉 To learn more, visit the Alerts – Market Environment page.

🔍 What you’ll find in this section #

To get the most out of this indicator, the section is divided into:

1. IBDR – Theory: understand how Smart Money structures the market
2. IBDR – Application: configure and read the indicator effectively
3. Alerts: receive the right signals at the right time
4. FAQ – Common questions answered to help you use the indicator effectively  
5. (Coming Soon) Use cases – Learn how to combine modules in real trading situations