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.

The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

[Dynamix]

Hi trgui7883, I cant seem to figure out how to message you, so im trying here. Do you have a quick video on how to use the Automated NQ strategy you posted?

[matthew splitt]

Sorry for asking a question down here. I can't reply under the Automated Strategy post. You have peak trading hours as 12:30pm to 4:30pm. What time zone is that? My time zone it mountain standard, so I would need to change that I believe. Thank you.

[NinjaTrader_ChelseaB]

Hello Dynamix and matthew splitt,

May I confirm this is related to the Internal Bar Strength indicator trgui7883 is looking for that is the topic of this thread?

Were you intending to post in another thread on a different subject about an 'Automated NQ strategy'?

[matthew splitt]

Hello, I am trying to get an answer about a different post on Automated Trading Strategy. I just saw that there is a text function to send a message. Please remove my post above. Sorry for the mishap. Thank you.