ninjatrader/strategies/ibs-rsi/README.md

# IBS + RSI

This is a mean reversion strategy based on the [IBS (Internal Bar Strength)](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/internal-bar-strength) and RSI (Relative Strength Index) indicators.

The strategy was inspired by the following:

[![IBS + RSI Rules](https://static.moshington.com/images/strategies/ibs-rsi/strategy-rules.png)](https://x.com/QuantifiedStrat/status/1708949863084535856)

## Rules

1. The asset's (e.g., SPY) IBS must be < 0.25.
2. If the 21-period RSI is < 45, enter a long trade.
3. Exit the trade when the current day's close is higher than the previous day's close.

## Parameters

**RSI Period**: The period used in the RSI calculation. (Default: 21)

**IBS Threshold**: The IBS value below which a long trade can be entered. (Default: 0.25)

**RSI Threshold**: The RSI value below which a long trade can be entered. (Default: 45.0)

---
Initial commit of IBS + RSI strategy README 2024-11-25 16:18:08 +00:00			`# IBS + RSI`

Add description to IBS + RSI strategy documentation 2024-11-25 17:04:10 +00:00			`This is a mean reversion strategy based on the [IBS (Internal Bar Strength)](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/internal-bar-strength) and RSI (Relative Strength Index) indicators.`

			`The strategy was inspired by the following:`

			`[![IBS + RSI Rules](https://static.moshington.com/images/strategies/ibs-rsi/strategy-rules.png)](https://x.com/QuantifiedStrat/status/1708949863084535856)`

Add rules to IBS + RSI strategy documentation 2024-11-25 17:07:03 +00:00			`## Rules`

			`1. The asset's (e.g., SPY) IBS must be < 0.25.`
			`2. If the 21-period RSI is < 45, enter a long trade.`
			`3. Exit the trade when the current day's close is higher than the previous day's close.`

Add parameters to IBS + RSI strategy documentation 2024-11-25 17:08:33 +00:00			`## Parameters`

			`RSI Period: The period used in the RSI calculation. (Default: 21)`

			`IBS Threshold: The IBS value below which a long trade can be entered. (Default: 0.25)`

			`RSI Threshold: The RSI value below which a long trade can be entered. (Default: 45.0)`

Initial commit of IBS + RSI strategy README 2024-11-25 16:18:08 +00:00			`---`