Inside Bar indicator for MT4

Inside Bar Indicator

Inside 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


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).

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

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 see the complete list of our indicators visiting our profile page.

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Dynamic Forex28 Navigator
Bernhard Schweigert
4.43 (7)
Indicators
Specials Discount now. The Next Generation Forex Trading Tool. Dynamic Forex28 Navigator is the evolution of our long-time, popular indicators, combining the power of three into one: Advanced Currency Strength28 Indicator (695 reviews) + Advanced Currency IMPULSE with ALERT (520 reviews) + CS28 Combo Signals (recent Bonus) Details about the indicator  https://www.mql5.com/en/blogs/post/758844 What Does The Next-Generation Strength Indicator Offer? Everything you loved about the originals, now
PZ Swing Trading
PZ TRADING SLU
5 (4)
Indicators
Protect against whipsaws: revolutionize your swing trading approach Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Tro
TPA True Price Action MT4 Indicator
InvestSoft
4.3 (79)
Indicators
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custom
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