Inside Bars

The Inside Bars indicator shows Inside Bars, the Breakout Zone and Breakouts thereof. Inside Bars are an important price action pattern. The price action of an Inside Bar is completely covered by the price action of the previous bar.

Inside Bars are most often used on higher timeframes.

Settings

Inside Bars default settings are good enough most of the time. Feel free to fine tune them to your needs.

  • ATR factor to skip large candles - very large candles should be filtered as they often cover other candles. This ATR factor filters those large candles. A large factor filters less candles, a small factor filters more candles. Experiment with this one.
  • Breakout distance in pips - distance in pips from high and low of the previous bar for the Breakout Zone.
  • 'Override' or 'Cancel' active Breakout Zone - 'Override' deletes the existing Breakout Zone and forms a new one if a new inside bars are found. 'Cancel' does the opposite.
  • Use MA Trend filter - set to true to filter breakouts according to a simple MA trend dectection.
  • Fast MA period - set the fast MA period for the trend filter.
  • Slow MA period - set the slow MA period for the trend filter.
  • Color Palette - pick Color Palette for 'Dark' or 'Light' Backgrounds.
  • Colo(u)rs - you know what to do.
  • Show Alerts - set to true to do alerts.
  • Show Screen Alerts - set to true to show screen alerts.
  • Email Alerts - set to true to email alerts.
  • Push Alert Notifications - set to true to push alerts.

Loose ends

Inside Bars is not resource hungry.

Do not hesitate to contact me. Let me know what you think of Inside Bars. Only with your help, I can create better tools for MT4.
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Crypto_Forex Indicator "Hanging Man and Inverted Hammer Pro" for MT4, No repaint, No delay. - Indicator "Hanging Man and Inverted Hammer Pro" is very powerful indicator for Price Action trading. - Indicator detects bullish Inverted_Hammer and bearish Hanging_Man patterns on chart: - Bullish Inverted_Hammer - Blue arrow signal on chart (see pictures). - Bearish Hanging_Man - Red arrow signal on chart (see pictures). - With PC and Mobile alerts. - Indicator "Hanging Man and Inverted Hammer Pro" i
Fibonacci Alert MT4 Pro
Idris Dsapi Douanla
Indicators
FibonacciAlert Pro - MetaTrader 5 Trading Indicator FibonacciAlert Pro is an advanced indicator for MetaTrader 5 and 4 that automatically monitors Fibonacci levels on your charts and sends real-time alerts. Developed to provide a professional solution for traders who use Fibonacci retracements in their technical analysis. The advanced FIBO ALERTS PRO indicator is available in two versions, compatible with MetaTrader 4 and MetaTrader 5, and works with all Forex brokers and proprietary trading f
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Experts
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Hai wen yuan
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Hai wen yuan 2019.10.22 05:52 
 

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