Insidebar Metatrader 4 Indicator
The Inside bar indicator automatically identifies inside bars and outside bars for all currency pairs and price charts.
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.
No trading signals from this indicator. Use in conjunction with breakout indicators or analysis tools (trend lines, support, resistance,…).
Configurable Indicator Options
myFontSize, myPeriod, Color, price offset
EUR/USD 5 Min Chart Example