Inside Bar - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
The indicator determines the internal bars and marks their high/low prices. It is drawn based on the closing candle (not redrawn). The identified internal bars can be displayed in smaller periods. You can set a higher period (to search for inner bars) and analyze on a smaller period.
Indicator parameters
Attachment download
📎 inside_bar.mq4 (5.66 KB)
Source: MQL5 #16533
Inside Bar - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
Inside Bar - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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