swing-trading-dashboard/strategies/internal_bar_strength.py

10 lines
359 B
Python

from pandas import DataFrame, Series
def signals(data: DataFrame) -> Series:
"""
Calculate the Internal Bar Strength (IBS) signal.
Returns a Series with 'L' for long signals and 'N' otherwise.
"""
ibs_series = (data['Close'] - data['Low']) / (data['High'] - data['Low'])
return ibs_series.apply(lambda ibs: 'L' if ibs < 0.2 else 'N')