Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

301

Rating:

(1)

Published:

13 May 2026, 06:26

inside bar.mq5 (10.73 KB) view

Download as ZIP How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Inside Bar is one of the most reliable candlestick patterns used by price action traders. It often signals an impending breakout. This premium indicator not only detects every Inside Bar on your chart, but also identifies the likely direction (bullish / bearish / neutral), draws a projection rectangle from the mother candle, and sends instant alerts to your desktop and mobile.

Key Features

Feature Benefit

✅ Auto Pattern Detection Identifies every Inside Bar – no manual scanning required.

✅ Smart Direction Filter Small candle’s close vs open determines bullish (⬆) or bearish (⬇) bias.

✅ Projection Rectangle Drawn from the mother candle’s high/low and extended forward (customizable bars).

✅ Multi‑Channel Alerts Popup, sound, MT5 mobile push notification, email (optional).

✅ Color by Direction Green = bullish, Red = bearish, Blue = neutral – or set manual colors.

✅ Clean Chart Labels “Inside Bar BULLISH / BEARISH” text next to each rectangle.

✅ Keep Last N Bars Show only recent rectangles (e.g., last 50 bars) – keeps chart uncluttered.

✅ Works on Any Symbol Forex, indices, stocks, crypto, commodities – any timeframe.

✅ Lightweight & Fast Optimized loop processes only visible / recent bars.

Input Parameters (fully adjustable)

Parameter Description

BarsToKeep Number of past candles to keep rectangles visible (e.g., 50, 100).

ForwardBars How many bars to extend the rectangle to the right from the mother candle.

RectangleFill Enable/disable filled rectangle (true/false).

AutoColorByDirection If true – color changes automatically (green/red/blue).

BullishColor / BearishColor / NeutralColor Custom colors when auto mode is ON.

RectangleFillColor Fill color when auto mode is OFF.

EnableAlert Turn notifications ON/OFF.

EnableLabel Show text labels on chart.

LabelOnlyOnNewBar Show label only for the most recent pattern (reduces clutter).

FilterDirection Ignore neutral patterns – show only bullish or bearish signals.

Who Is This For?

Breakout traders who trade consolidations before strong moves.

Price action traders who rely on Inside Bar setups.

Swing & day traders who need immediate notifications.

Traders who use multiple timeframes – works perfectly on M1 to MN1.

Dedicated support via MQL5 chat / email

No repainting – signals are fixed once the bar closes.

MACD INSTITUTIONAL

Institutional MACD is an advanced indicator designed for traders looking to trade in tune with smart money. Unlike the standard MACD, which processes each tick or candle close without distinction, this indicator reconstructs the price structure using a dynamic volume filter before calculating its moving averages.

Institutional Kalman Filter (Dynamic True Price Estimator)

An aerospace-grade state estimation algorithm that dynamically filters out market noise and manipulation wicks to reveal the true underlying execution price with zero static phase-lag.

Momentum and news impact candles

A candlestick chart which colors OHLC candles based on directional price momentum and news impact

MACD Signals

Indicator edition for new platform.

Inside Bar - indicator for MetaTrader 5