ninjatrader/indicators/internal-bar-strength/README.md

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# Internal Bar Strength
The **Internal Bar Strength (IBS)** indicator measures the relative strength of a bar's close compared to its range.
The formula for calculating the IBS is as follows:
```
IBS = (Close - Low) / (High - Low)
```
The value of the IBS ranges between 0 and 1.
If the close of the bar is at the low, the value will be 0, and if the close is at the high, it will be 1.
## Parameters
N/A
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