Inside outside bar indicator for MetaTrader4 (MT4) – free download
In this section you can download inside outside bar indicator for MetaTrader4 (mt4):
Inside outside bar indicator -> up to speed:
- The Inside Outside Bar Indicator is a simple MT4 indicator that colors the outside and inside bar candles.
- The inside bar represents the close-bodied, whereas the outside bar mentions the open.
- The indicator only colors the body of the candle and not border.
- It plots an inside bar whenever a bigger one surrounds a smaller one in an uptrend or downtrend.
- To determine direction of trend, traders need to locate bars within levels of support and resistance.
- If bars appear in middle, traders should wait for price action to move up or down before taking positions
