Another inside bar thread

You asked a question on your first post, if you don't want advice then good luck to you. Gamble away.

My view is that resistance becoming support or support becoming resistance based in the price action of the inside bar in this price action case.
Focus in just one time frame.If you are trading inside bar from weekly charts just find the high and low of the weekly insidebar.those level are resistance and support . and resistance will become support or support will become resistance.

Exit long and go short .
A move below the inside bar 's high from above will signal a reversal.

Exit short and go long.
A move bove the inside bar 's low from below will signal a reversal.

This the way that i will focus to trade my inside bars.

trade #2 back long

trade #3 back short

Trading inside bars is an excellent way to trade but you need a 4 hour or/and daily time frame or you will go bust..

Good Stuff...

Alicia Keep this thing going, this looks good and is pretty straight forward.

Retirement on this one entry. Good Stuff.

A manual trader exposing too much on those trading opportunities found with this particular setup here would be frustrated. Nevertheless using the right percentage for your account size, the minor losses experienced before that good run would be covered on the success of that one good run experienced from this inside bar setup and box setup for the entire ranging period there.

Personally, they can be useful but you have to remember what a "real" inside bar is supposed to show you - consolidation (so you can see momentum on a continuation). A lot of inside bars are just part of a choppy or undecided market, and so they need to be ignored.

It's a way to manage money really by having a fixed entry and exit point.

Saying that, people are too worried about getting into the market, getting into the market is easy, getting out is the hard part. You can win or lose with any strategy because of that. Don't use the strategy, BE the strategy

The only way to win is to pick something you feel comfortable with an practice the crap out of it with limited pairs until you really feel comfortable with it. If you can be around traders that actually know what they are talking about on a day to day basis, that will help give you some perspective on the market and a better understanding of when to get out, and how to avoid account killing trades (although I realize that isn't realistic for most people).
Personally they can be useful, but you have to remember what a "real" inside bar is supposed to show you - consolidation. A lot of inside bars are just part of a choppy or undecided market, and so they need to be ignored.

Also, don't listen to anyone that tells you this or that is wrong. If it makes money for you, it's right, full stop.

I see a nice system here, I would think those with experience of this same pattern would relate to the possible probabilities for such a system.

This would have to be tested on several forex pairs, commodities, indices, stocks you name it to see the best timeframe, and trade management rules.
like for e.g. h1 to weekly would provide enough scope for multiple entries and frequency.

I like the idea and for that i will invest some time here and hope that it will workout in the long run...when others put their time and positive effort into it.

Typical idea...any thoughts? Advice? Recommendations.

Take a look on the images. Analyse and comment.

After all of that the e.a. that reflects the images above is here. Modifications are welcomed...its open source. Found on mql community. Check the code for yourself.


At the moment i believe it was coded for higher timeframes like h4 upward but i am sure it can be modified.

I also believe stevehopwood had created one aswell.

Steves robot:
https://www.forexfactory.com/showthr...&reply=1#reply

Try both options cheers.

Alicia what happened?

IB forming on 1 and 4 hour on GU.

@catch-22 ,all the 'experts' say trade inside bars on the daily,too many false signals on lower time frames...