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Add parameters to Internal Bar Strength Band strategy documentation

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moshferatu 2024-11-16 06:56:03 -08:00
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strategies/internal-bar-strength-band/README.md
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@ -11,4 +11,16 @@ This strategy is based on the [Internal Bar Strength (IBS) indicator](https://mo
5. When the asset closes under the lower band from #3 and the IBS is < 0.3, enter a long trade. 5. When the asset closes under the lower band from #3 and the IBS is < 0.3, enter a long trade.
6. Exit the trade when the close is higher than the previous day's high. 6. Exit the trade when the close is higher than the previous day's high.
## Parameters
**Lower Band Multiplier**: The multiplier to use when calculating the lower band below which trades can be entered. (Default: 2.5)
**IBS Entry Threshold**: The IBS value below which a long trade can be entered. (Default: 0.3)
**Rolling High Period**: The period used when calculating the rolling high. (Default: 10)
**High Minus Low Period**: The period to use when calculating the rolling mean of the High - Low. (Default: 25)
**Long-Term Trend Period**: The period of the long-term trend as measured using a simple moving average. (Default: 200)
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