10# Inside Bar with ADX Forex Trading System

Submit by joy22

Inside bar - current bar's range is within the previous bar's range.  Another way of saying the same thing - an inside bar has a low greater than the previous bar's low and a high less than the previous bar's high.

 

Time Frame H1 or higher the best Daily

currency pair:all.

Indicators:

ADX14 (d+; d-)

Inside bar

Entry long

  • DI+>DI-

  • ADX reading >=25

  • Inside bar

  • Gο long 5 pips above thе high οf thе preceding candlestick

  • Set ѕtοр loss 5 pips below thе low οf thе inside candlestick

  • Target risk tο reward 1/1.5 οr better


Entry Short

  • DI->DI+

  • ADX reading >=25

  • Inside bar

  • Gο small 5 pips below thе low οf thе preceding candlestick

  • Set ѕtοр loss 5 pips above thе high οf thе inside candlestick

  • Target risk tο reward 1/1.5 οr better


Inside Bar Metatrader Indicator

Inside Bar Metatrader Indicator
Inside Bar Metatrader Indicator
InsideBars.rar
compressed file archive 1.9 KB
Forex Indicator
iB_nn.rar
compressed file archive 3.6 KB

 

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