Live example
Settings and defaults
This indicator has no adjustable settings.
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Value | Ratio | Line | after 1 candles |
Calculation notes
- Closing position within the current high-low range, from 0 to 1. A valid flat bar is 0.5; invalid prices are unavailable. One bar is sufficient. The ratio is not a probability.
Questions
What are the default settings of Internal Bar Strength (IBS)?
Internal Bar Strength (IBS) has no adjustable settings: it is calculated the same way on every chart.
Can I use Internal Bar Strength (IBS) for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.