Internal Bar Strength (ValueRay)

2022년 1월 19일

The IBS (Internal Bar Strength) as we know it, calculates only correctly on the long side. When the candle closes in loss, the original IBS still uses the upper wick.
This IBS checks first if its an up or down candle and then uses the top or bottom wick to calculate the IBS.

The yellow line is the corrected IBS, the blue line the original

2023년 5월 29일

릴리즈 노트

• Better Colors
  
• Formatting Code
  

2023년 6월 2일

릴리즈 노트

• removed link (house rules policy)