Tag Archives for " market study "

The Internal Bar Strength Indicator

The internal bar strength or (IBS) is an oscillating indicator which measures the relative position of the close price with respect to the low to high range for the same period. The calculation for Internal Bar Strength is as follows… IBS =  (Close – Low) / (High – Low) * 100; For example, on 13/01/2016 the QQQ […]

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The Bullish Outside Month

I came across an article over at the blog, Jay On The Markets, that talked about applying a bullish outside indicator on a monthly chart. The article I was reading is titled, “One Sign That the Bull May Still Have Legs“. In this article Jay talks about the incredible run the U.S. broad market has […]

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