VAInsideBar

The indicator on the chart pattern looks for Price Action "Inside Bar". It is recommended to use it on the timeframes of not less than H4. At its core, the inner bar is something like mikrofleta at a particular time section, that is, traders have not yet decided on the direction of or there was a pause in the price movement. Thus the true breakdown of the boundaries of the inner bar says that the price movement continued. Statistics show that in transactions necessary to consider the direction of the prevailing trend, as is most likely that the trend will continue. For a more complete understanding of how to use this pattern, it is recommended to check out the works of Nila Fullera.

The indicator is a multiple timeframe. The parameter Time interval specifies the desired time interval in which the indicator is to look inside bars. For example: you can set the schedule on the M15 two or more of these indicators and for each set its value Time interval. Thus the graph M15 you can observe inside bars formed at time intervals of higher order H1, H4, D1, and so on. On the basis of the indicator set VAInsideBarsTrader adviser.

Options

• Operation mode indicator - sets the operating mode indicator. When you select 'High \ Low'Breakdown criterion defining the bar is high or low inside bar. When you select 'Close'Breakdown criterion determining the bar's closing price is inside bar. mode 'Close'Best suited to search for false breakouts defining bars (trading strategy' fackey 'Nila Fullera).


• Search depth - Search depth (number of bars);


• the minimum number of bars in the bar defining - restriction on the minimum number of bars defining inside bar;


• the maximum number of bars in the bar defining - a limit on the maximum number of bars in singles bars;


• Indent in points - Indent in points from the maximum / minimum determining bar;


• Time interval - timeframe, which will be searched;


• IB Color - color rectangle marking the detected inner bar;


• the minimum size of "defining the bar" in points - a limit on the minimum size is determined by the bar in points;


• the maximum size of "defining the bar" in points - limit on the maximum size is determined by the bar in points;


• email notification - enable / disable sending of information e-mails.


• Push notification - enable / disable sending of information messages to the mobile terminal.


• Play Sound - enable / disable playback of the audio file.


• Name of the sound file - the name of the sound file.

For those wishing to use the indicator in the EA indicator buffer number: 0 - maximum internal bar; 1 - at least inside bar.