The Most Powerful Indicator You Have Not Heard Of

IBS, Internal Bar Strength: Backtested.
Are you looking for the best indicator for the stock market? Look no further because we're about to introduce you to one of the most powerful indicators that you've probably never heard of before: the Internal Bar Strength indicator or IBS. In this video, we'll show you why it's one of the best tools you can use for your stock market trading, and we'll take you through three different strategies that we've backtested and proved on a variety of ETFs.

First, we'll explain what the IBS indicator is and how it works. The IBS is calculated daily and fluctuates from zero to one. A low value means the market closed at the bottom of its daily range, while a high value indicates it closed strongly. By taking advantage of short-term market pullbacks and panics, buying on weakness and selling on strength, you can use the IBS to make big gains.

We'll then take you through our first strategy using the IBS indicator, where we buy the close when the IBS is below 0.1 and sell when it's above 0.9. We backtested this strategy on the ETF with the ticker code QQQ and saw impressive results. We also introduce a second strategy where we make a two-day average of the IBS indicator and backtest it on XLP, which tracks consumer staples like Pepsi, Cola, Costco, and Wal-Mart.

Finally, we'll show you how to combine the three-day RSI with the IBS indicator and make profitable trades based on specific trading rules. We backtested this strategy on the S&P 500 and saw consistent results over the last 30 years.

Join us in this video and learn how to improve your trading game with the Internal Bar Strength indicator. Don't miss out on the opportunity to turn a profit in the stock market. Remember to like and subscribe to our channel for more trading insights and strategies. Good luck trading!

Chapters
0:00 Intro IBS
0:49 Formula
1:04 Example
1:33 Key Takeaways
2:31 Trading Rules
2:55 Backtest Result
3:15 Statistics
5:03 Trade Example SPY
5:31 Backtest SPY
1:47 Results
5:51 Annual Returns

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You can read more about it here:
https://www.quantifiedstrategies.com/the-internal-bar-strength-ibs-indicator

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