Internal Bar Strength Indicator — Strategy by Fadior
By Fadior
Performance Metrics
- Author: Fadior
- Symbol: FX:SPX500
- Timeframe: 1 day
- Net P&L: +76,062.00 USD (0.00%)
- Win Rate: 73.3%
- Profit Factor: 2.2
- Max Drawdown: 10,507.40 USD
- Total Trades: 1,071
Description
The internal bar strength or (IBS) is an oscillating indicator which measures the relative position of the close price with respect to the low to high range for the same period.