Ivolution Research Journal · Refutation

Internal-bar-strength daily reversion (bottom-decile IBS → next-day bounce)

Sessions closing in the bottom decile of internal bar strength (IBS = (close−low)/(high−low), i.e. a close near the day's low) are followed by a higher next-day close-to-close return than the unconditional next-day baseline.

MST-12 · v2·Refuted·Established literature·Microstructure

Cite as: MST-12: Internal-bar-strength daily reversion (bottom-decile IBS → next-day bounce). Ivolution Research Journal.

Publication status

The pre-registered hypothesis was refuted on the governed research record. This publication documents the null rather than presenting an edge.

The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for MST-12 are available to Terminal + AI members.

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1 session