# 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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