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Re: MT4 Indicators with alerts/signals

sal, Wed Jan 18, 2023 3:57 pm

mrtools wrote: Wed Jan 18, 2023 3:26 pm Okay then please tell me what determines a mother bar, never heard of it. Heard of outside bars, inside bars, etc. but never heard of a mother bar.
what i am looking for as I mentioned mother bar (is the 1st bar) its base bar to read next bar size and price nature.!
single inside bar indicator rule is the same mother 1st bar and next bar (except hh/ll) will confirm the indicator nature!
same as concept..
here the condition.

Bearish trend
1. Bullish close price <= Bearish bar open & Bullish open price shall be midpoint next bearish bar full body.
2. bearish body shall be 2times size of bullsih bar body.
3. Note:- wick not required to calculate.
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