I don't know if I agree with the close of the 5 prior bars being indicative of anything.

Keeping things simple and not reading too much into PC's posts is good advice however Peter himself stated point blank with no ambiguity that there were certain inside bars that had an edge over others. But he didn't reveal which inside bars he was ...

Can you please elaborate on how you use the ATR for the purpose of defining smaller inside bars?

I know were at forexfactory, but....from what I've seen, DIBS works better with futures than with forex. Specifically crude oil, es, and gold. In that order. And generally speaking, you want to stick with prime-time only, and avoid after-hours. I ...

Today rallied hard into the close, moving up through the prior weekly low, and forming a very clear intraday bull flag. This bullish momentum should carry over into early next week...

That indicator was made by a Ninjatrader staff member....so I doubt he would be too interested in making one for MT4. lol And speaking of indicators....here is another one also from Ninjatrader.....it's called the repeater....and can be used to ...

The good folks at Ninjatrader forums just coded a sweet inside bar indicator for use with NT8.

Here are what my DIBS trades look like using the static superdom. First, I enter using a 1 click stop-limit with one tick of slippage to ensure I get filled. Once my SL fills, then an OCO order is activated, with a profit target of 1 and stop-loss ...

One of the keys to trading this method effectively is speed. You have to be FAST with your entries and you need to have the right trading software to accomplish this. Thinkorswim doesn't fit this bill. Ninjatrader however does. Either the lease or ...

Anybody here trade the petroleum report?

Peter recommended trading the "hot-hand," that is, the currency pair that was up or down the most the previous day. I personally however don't even use DIBS to trade Forex; I use it for trading crude oil and gold. And I only enter trades that are in ...

Quite similar indeed! Reading through Toby Crabels book really got the wheels turning, especially the section on price patterns. Two of them are inside bars. ID NR4 (inside day four day narrow range) and ID NR7 (inside day seven day narrow range). ...

Attached...however, it unfortunately only works with thinkorswim.

I've got an indicator as well, but it's for thinkorswim. PM me if you want the code. PS - I've been reading a book by Toby Crabel called Trading With Short-Term Price Patterns. Peter definitely got some of his ideas for DIBS from here, no doubt ...

Note the appearance of an ID/NR4 pattern (inside day, and four day narrowing range as defined by Toby Crabel) that reversed the downtrend.

Crude oil along with gold are great for breakout traders....some really incredible moves can be had, especially early in the trading session.

Nice looking chart....the black candles really pop up off the grey background. Easy on the eyes too....when you're sitting there watching a screen for hours, it helps a lot if it strains your eyes as least as possible. This is why I personally only ...

Gold headed to 1100 based on the head and shoulders top. Lower wouldn't surprise me either, with a combination of dollar strength, rising yield and optimism from President Trump's policies. I'm not a gold hater either. I love gold (and silver) want ...

Yes indeed, splendid job....and at a glance, I think the best trade was entry #2....where the inside bar formed right next to support. I've noticed some of the best breakouts are like this....setting up right on top or below key areas of support and ...