# Internal Bar Strength

This strategy is based on the [Internal Bar Strength (IBS) indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/internal-bar-strength).

## Rules

1. Enter a long trade when the IBS closes < 0.2.
2. Exit the trade when the IBS closes > 0.8.

## Parameters

**Entry Threshold**: The IBS value below which to enter a long trade. (Default: 0.2)

**Exit Threshold**: The IBS value above which to exit the trade. (Default: 0.8)

## Backtest Results

### SPY

![SPY Analysis](https://static.moshington.com/images/strategies/internal-bar-strength/spy-analysis.png)

![SPY Summary](https://static.moshington.com/images/strategies/internal-bar-strength/spy-summary.png)

### QQQ

![QQQ Analysis](https://static.moshington.com/images/strategies/internal-bar-strength/qqq-analysis.png)

![QQQ Summary](https://static.moshington.com/images/strategies/internal-bar-strength/qqq-summary.png)

---