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Inside Bar Indicator
Inside Bar is a very popular candlestick pattern.
Inside Bar indicator can be used to trade Forex, Stocks, Indices, Futures, Commodities and Cryptos.
The Inside Bar indicator will search for inside bar candles pattern in the chart and will generate display them.
The indicator is also able to generate alerts in your screen or sent to your phone.
Inputs of the indicator are:
Inside Bar can be traded as reversal or as break out.
Reversals can be traded after an up trend (or down trend) when price reaches resistance level (or support level). Once Inside Bar appears you can enter trade when low of the previous bar (high of the previous bar) is broken. You can place stop on the top of the previous bar (on the low of the previous bar)
For breakouts, Inside Bar can appear in an up trend (or down trend). You can enter in the trade once the high of the previous bar (low of the previous bar) is broken. You can place stop at the low of the previous bar (at the high of the previous bar).
Inside Bar Indicator can be used with any class of asset and with any time frame.
You can use the Fx Levels indicator to draw support and resistance levels in your chart : Link