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Inside Bar indicator for MT5

Inside Bar IndicatorInside Bar is a very popular candlestick pattern.
Inside Bar indicator can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Inside Bar indicator will search for inside bar candles pattern in the chart and will generate display them.
The indicator is also able to generate alerts in your screen or sent to your phone.

Inputs of the indicator are:
  • Symbol: type of char symbol to be displayed in the chart to show Inside Bar patterns
  • CustomCode: char code to be used as custom char symbol (works only with Symbol=_Custom)
  • Position: position of symbol relative to the candle (above or below the candle)
  • Distance: distance in pixel relative to top or bottom of candle to display the char symbol
  • UseAlerts (true/false): to enable alerts (  if set to false no alerts will be generated)
  • PopAlerts (true/false): to enable alerts of type Popup window
  • EmailAlerts (true/false): to enable alerts of type Email
  • PushAlerts (true/false): to enable alerts of type Push Notification
  • SoundAlerts (true/false): to enable alerts of type Sound
  • SoundFile: file to be used for sound alerts

Size and color of the arrows can be set up in the Color tab of the indicator.

Trading rules
Inside Bar can be traded as reversal or as break out.
Reversals can be traded after an up trend (or down trend) when price reaches resistance level (or support level). Once Inside Bar appears you can enter trade when low of the previous bar (high of the previous bar) is broken. You can place stop on the top of the previous bar (on the low of the previous bar)
For breakouts, Inside Bar can appear in an up trend (or down trend). You can enter in the trade once the high of the previous bar (low of the previous bar) is broken. You can place stop at the low of the previous bar (at the high of the previous bar).
Inside Bar indicator can be used with any class of asset and with any time frame.

Other indicators for MT4:
We developed more than 60 indicators and utilities for Metatrader 4 and Metatrader 5.

Indicators for MT5:
All our indicator are developed both for MT4 and MT5.

List of all our indicators:
👉  You can get the complete list of our indicators visiting our profile page.

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Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Spot the Trend. Read the Pattern. Time the Entry. 3 Steps in Under 30 Seconds! Trade effortlessly — no analysis required, Your smart assistant is ready to simplify your workflow No more chart overload. Trade with confidence using smart bias detection. Compatible with all currencies, crypto, stocks, metals, indices, and any timeframe. Just click and execute — it’s that simple. Deal for busy traders who want speed and clarity. TPTSyncX is a powerful all-in-one MetaTrader 5 indicator that seamless
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FxaccurateLS
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WHY IS OUR FXACCCURATE LS MT5 THE PROFITABLE ? PROTECT YOUR CAPITAL WITH RISK MANAGEMENT Gives entry, stop and target levels from time to time. It finds Trading opportunities by analyzing what the price is doing during established trends. POWERFUL INDICATOR FOR A RELIABLE STRATEGIES We have made these indicators with a lot of years of hard work. It is made at a very advanced level. Established trends provide dozens of trading opportunities, but most trend indicators completely ignore them! The
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Version 1.30 2023.07.04
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