Is there an IBS (Internal Bar Strength) indicator available in Ninjatrader 8?

[trgui7883]

Is there an IBS (Internal Bar Strength) indicator available in Ninjatrader 8? If there isn't how can I achieve the formula:
assuming stock XYZ, on a particular day, had a low of 90.00, a high of 100.00, and closed at 91.00, the IBS for that day would be calculated thus:
IBS= (91.00 – 90.00)/(100.00 – 90.00) = 0.1

[NinjaTrader_Emily]

Hello trgui7883,

Thank you for your post.

I am not aware of an existing Internal Bar Strength indicator. You could try searching for a publicly available version of this indicator on our NinjaTrader Ecosystem website:

• https://ninjatraderecosystem.com/user-app-share/

Otherwise, this could be done with a custom NinjaScript indicator. To get the Low, High, and Close price for a day, you could use values from the Prior Day OHLC indicator or you could use AddDataSeries() to add a daily or 1440-minute series and get the Low/High/Close values from that series for your calculations. Here are some helpful links:

• https://ninjatrader.com/support/help...r_day_ohlc.htm
• https://ninjatrader.com/support/helpGuides/nt8/low.htm
• https://ninjatrader.com/support/helpGuides/nt8/high.htm
• https://ninjatrader.com/support/help.../nt8/close.htm

Please let me know if I can be of further assistance.

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