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Since 03/01/2025

Description

IBSBot for cTrader – Buy Low in Fear, Exit on Greed

A simple, rule-based intraday mean reversion bot using Internal Bar Strength (IBS)—tailored specifically for daily charts and index trading only (e.g., Nasdaq 100).

🔍 How It Works

  • Enters long positions only when the previous day’s close is near the low of the range (low IBS).
  • Exits when price closes near the high of the range (high IBS).
  • No indicators. No chasing trends. Just clean logic and disciplined execution.

⚠️ Important Notes

  • Use only on Daily timeframe.
  • Designed for index symbols only (e.g., NAS100, US30, GER40).
  • Won’t open multiple trades—1 position at a time per symbol.

Summary

AI summary
IBSBot is a rule-based trading bot designed for use on daily charts of index markets such as Nasdaq 100, US30, and GER40. It operates exclusively with long positions, entering trades when the previous day’s closing price is near the low of the daily range, indicating a low Internal Bar Strength (IBS). The bot exits positions when the price closes near the high of the daily range, corresponding to a high IBS. IBSBot employs a mean reversion strategy without relying on additional indicators or trend-following techniques, focusing on disciplined execution of clean, simple logic. It supports trading one position at a time per symbol and is intended solely for daily timeframe index trading.

Discussion

Customer reviews

4.0
Reviews: 2
5
0 %
4
100 %
3
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2
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1
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Customer reviews
July 30, 2025
July 26, 2025

FAQ

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