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.
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