42 lines
1.3 KiB
Markdown
42 lines
1.3 KiB
Markdown
# Internal Bar Strength
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This strategy is based on the [Internal Bar Strength (IBS) indicator](https://moshferatu.dev/moshferatu/ninjatrader/src/branch/main/indicators/internal-bar-strength).
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## Rules
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1. Enter a long trade when the IBS closes < 0.2.
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2. Exit the trade when the IBS closes > 0.8.
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## Parameters
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**Entry Threshold**: The IBS value below which to enter a long trade. (Default: 0.2)
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**Exit Threshold**: The IBS value above which to exit the trade. (Default: 0.8)
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## Backtest Results
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### SPY
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### QQQ
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### DIA
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### IWM
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