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Inside Bar Metatrader 4 Indicator

    The Inside bar indicator for Metatrader 4 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 time frame’s (hourly, 4 hour, daily, weekly,…).

    Therefore avoid trading inside bars on smaller time frame’s.

    Trading Signals

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


    Download the Insidebar.mq4 indicator.

    Configurable Indicator Options

    myFontSize, myPeriod, Color, price offset

    EUR/USD 5 Min Chart Example


    How to install the Inside Bar custom indicator in Metatrader 4?

    • Download the Insidebar.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.