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.!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.
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.