The Internal Bar Strength Indicator can give traders an edge in short-term strategies. This tool measures price strength within a single bar and can help identify efficient entry points. The formula is the following:
IBS = (Close-Low)/(High-Low)
On Quantified Strategies website you can find a good article about building mean reverting strategies using this indicator.
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This is an excellent resource for systematic trading and python programming. Find the link to a good Collection of resources for quantitative trading strategies. #Python #pythoncode #pythonprogramming
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Who:
We do quantitative analysis to find statistical patterns and regularities.
We trade US Futures such as the Emini S&P, Gold, Oil, Bonds using Tradestation and Easylanguage. We follow also Bitcoin and other cryptos.
How:
We use a software tool that we developed in Python and we are very proud of our product. It provides also intermarket and alternative data analysis.
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Share views and knowledge on markets with those who follow a quantitative approach to build a trading environment based on tools developed in python and approach trading profitably.
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