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.