/* * QUANTCONNECT.COM - Democratizing Finance, Empowering Individuals. * Lean Algorithmic Trading Engine v2.0. Copyright 2014 QuantConnect Corporation. * * Licensed under the Apache License, Version 2.0 (the "License"); * you may not use this file except in compliance with the License. * You may obtain a copy of the License at http://www.apache.org/licenses/LICENSE-2.0 * * Unless required by applicable law or agreed to in writing, software * distributed under the License is distributed on an "AS IS" BASIS, * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. * See the License for the specific language governing permissions and * limitations under the License. */ using QuantConnect.Data.Market; namespace QuantConnect.Indicators { /// /// The InternalBarStrenght indicator is a measure of the relative position of a period's closing price /// to the same period's high and low. /// The IBS can be interpreted to predict a bullish signal when displaying a low value and a bearish signal when presenting a high value. /// public class InternalBarStrength : BarIndicator, IIndicatorWarmUpPeriodProvider { /// /// Gets a flag indicating when this indicator is ready and fully initialized /// public override bool IsReady => Samples > 0; /// /// Required period, in data points, for the indicator to be ready and fully initialized. /// public int WarmUpPeriod => 1; /// /// Creates a new InternalBarStrenght indicator using the specified period and moving average type /// /// The name of this indicator public InternalBarStrength(string name) : base(name) { } /// /// Creates a new InternalBarStrenght indicator using the specified period and moving average type /// public InternalBarStrength() : this($"IBS()") { } /// /// Computes the next value of this indicator from the given state /// /// The input given to the indicator /// A new value for this indicator protected override decimal ComputeNextValue(IBaseDataBar input) { if (input.High == input.Low) { return 0.5m; } else { return (input.Close - input.Low) / (input.High - input.Low); } } } }