Inside bar Indicator rs3 rs2
 

TRADING SOFTWARE

Inside bar Indicator
with alert




Inside bar - current bar's range is within the previous bar's range.
Another way of saying the same thing - an inside bar has a low greater than the previous bar's low and a high less than the previous bar's high.




An inside bar is a bar which is completely within the range of the preceding bar, i.e. it has a higher low and lower high than the bar immediately before it. An inside bar indicates a time of indecision or consolidation. On a smaller time frame it will look like a triangle. Inside bars often occur at tops and bottoms, in continuation flags, and at key decision points like major support/resistance levels and consolidation breakouts. They often provide a low-risk place to enter a trade or a logical exit point.


This package contain:

Indicator InsideBar-alert_V1.3.ex4


The InsideBar-alert_V1 can be used on any timeframes and on any pairs

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     File type and requirements
- This is a digital item! (  in ZIP archive )
- You will Need: MetaTrader 4.0 platform.

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