2024-10-21 14:06:54 +00:00
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# Internal Bar Strength
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2024-10-22 13:10:11 +00:00
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The **Internal Bar Strength (IBS)** indicator measures the relative strength of a bar's close compared to its range.
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The formula for calculating the IBS is as follows:
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```
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IBS = (Close - Low) / (High - Low)
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```
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The value of the IBS ranges between 0 and 1.
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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.
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2024-10-22 13:11:09 +00:00
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## Parameters
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N/A
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2024-10-22 13:15:14 +00:00
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## Plots
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**Internal Bar Strength**: The relative strength of a bar's close compared to its range. (Default: Yellow Solid Line 3px)
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2024-10-21 14:06:54 +00:00
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---
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