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Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Banzai, Wed Jun 24, 2020 9:27 am

This is xard777 Inside Bar indicator
release date: 6/23/20
viewtopic.php?p=1295413231#p1295413231

Best time frame is Daily.
I modified it so it will work on H1, H4, and Daily.
Before, we can only use on H1 and H4.
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What's an Inside Bar?
It's a bar that is engulfed fully by the preceding candle high and low.

How do we trade?
We trade on the breakout.
go LONG above the preceding candle high
and go SHORT below the preceding candle low
but there's always a false breakout. So it's not a holy grail.

inside-bar-candlestick_body_howtoidentify.png
EURUSDH4_insidebar2.png
!!!-MT4 X-XARDg-INSIDE BAR stops button 1.03.mq4
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