Small inside bar

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Small inside bar

Postby Alexander.Gettinger » Fri May 11, 2012 3:25 pm

Original indicator: viewtopic.php?f=17&t=18178&p=32808#p32808
Bullish small inside bar conditions:
1. High[i]<High[i-1],
2. Low[i]>Low[i-1],
3. (High[i-1]-Low[i-1])/(High[i]-Low[i]) >2,
4. Close[i]>Open[i],
5. High[i]<Median[i-1],
6. Close[i-1]<Open[i-1].

Bearish small inside bar conditions:
1. High[i]<High[i-1],
2. Low[i]>Low[i-1],
3. (High[i-1]-Low[i-1])/(High[i]-Low[i]) >2,
4. Close[i]<Open[i],
5. Low[i]<Median[i-1],
6. Close[i-1]>Open[i-1].


Small_Inside_Bar_MQL.PNG


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Small_Inside_Bar.mq4
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Alexander.Gettinger
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Re: Small inside bar

Postby Alexander.Gettinger » Mon May 14, 2012 9:05 am

Strategy based on this indicator: viewtopic.php?f=38&t=18292
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Re: Small inside bar

Postby jamestoday78 » Thu Jan 24, 2013 3:16 am

Hey all, can someone explain the whole rules on this EA, looks open to problems with there being no SL built in, or am I reading it wrong?
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Re: Small inside bar

Postby Alexander.Gettinger » Mon Jan 28, 2013 4:30 pm

The EA opens orders in accordance with the terms described above.
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Re: Small inside bar

Postby logicgate » Thu Jan 20, 2022 5:19 pm

Hi there my friend.

Can you compile a version of this indicator which will paint the inside bar a different color instead of marking it with a dot?

For example if I have white bullish bars and black bearish bars, I would like to see the inside bar as orange.
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Re: Small inside bar

Postby Apprentice » Fri Jan 21, 2022 9:16 am

Your request is added to the development list.
Development reference 53.
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