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Internal Bar Strength

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=64796
Forum: 48 · Topic 64796 · 1 post(s)


Internal Bar Strength

Alexander.Gettinger · Wed Jun 14, 2017 11:08 am

Formula: IBS=MA(CurIBS), where CurIBS=100(Close-Low)/Range, if [Price]=”Close-Low”, CurIBS=100(High-Close)/Range, if [Price]=”High-Close”, where Range=High-Low.

IBS_JS.PNG

Download:

IBS_JS.jsl