Mark Inside Bars with a triangle above the calendar. This indicator supports having different colors and alerts for 1, 2 or 3 consecutive inside bars.
Author: Johnan Prathap TASC March 2011 The typical inside bar two-bar view indicates minimal activity in a market. It is defined as a bar (or series of bars) that is completely within the range of the preceding bar; that is, it has a higher low and lower high than the bar immediately before it. Some traders consider a bar an inside bar if the high and low are...
You can check edge profitability by adjusting the forward looking input, eg. how profitable is this signal after X bars.
Description: ============= This indicator plots MAs and paints Triggered Alert Arrows base on Flying Buddha candle patterns. The “Flying Buddha” Pattern is defined as: --------------------------------------------- A candlestick chart with two moving averages: the 5 period exponential moving average (fast EMA) and the 10 period simple moving average (slow SMA),...
MACD (Moving Average Convergence/Divergence) + Inside Bar so that free users can have two things in same indicator. Script is open for everyone. Check and test the code of Inside Bar and let me know if it is correct. Feel feel to share.
The strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out! Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website. Note: If you are interested in custom development...
Candlesticks Patterns Identified (Inside Candle or Inside Bar)
Catch Inside Bars with ease with this tool. Adjust the colour and intensity of the indication candle.
This short only strategy determines when there is both a NR7 (narrow range 7, a trading day in which the range is narrower than any of the previous six days), plus a inside day (high of the current day is lower than the high of the previous day and the low of the current day is higher than the low of the previous day) both on the same trading day and enters a...
This long only strategy determines when there is both a NR7 (narrow range 7, a trading day in which the range is narrower than any of the previous six days), plus a inside day (high of the current day is lower than the high of the previous day and the low of the current day is higher than the low of the previous day) both on the same trading day and enters a long...
Inside Bar + False-Breakout = Fakey pattern A Fakey pattern can have a pin bar as the false-break bar or not. Fakey’s are a very important and potent price action trading strategy because they can help us identify stop-hunting and provide us with a very good clue as to what price might do next.