Insidebar Metatrader 4 Indicator

The Inside bar indicator automatically identifies inside bars and outside bars for all currency pairs and price charts.

General Assumptions

Wait for a breakout signal to occur after an inside bar forms on the chart.

Inside bars are considered to be more reliable on the larger timeframe’s (hourly, 4 hour, daily, weekly,…).

Therefore avoid trading inside bars on smaller timeframe’s.

Trading Signals

No trading signals from this indicator. Use in conjunction with breakout indicators or analysis tools (trend lines, support, resistance,…).

Download

Download the Insidebar Metatrader 4 indicator.

Configurable Indicator Options

myFontSize, myPeriod, Color, price offset

EUR/USD 5 Min Chart Example

insidebar-metatrader4-indicator

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