Inside Bars Indicator Help
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Inside Bars Indicator Help
Hi guys I need someone to help me understand this indicator (I am pretty sure its a TRO Masterpiece...
As you can see from the image, each line is a currency pair. What I dont understand are the significance or what the 2 arrows and the # are prior to the trade direction.
Can one of you guys please help me out?
Thanks
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Alerts when there is an inside bar break out
If price is above open line and there is an inside bar
then if price crosses above inside bar high, go long
If price is below open line and there is an inside bar
then if price crosses below inside bar low, go short
Arrow indicates the color of the daily candle
Arrowhead indicates the direction of the DIBS trade
If price is above open line and there is an inside bar
then if price crosses above inside bar high, go long
If price is below open line and there is an inside bar
then if price crosses below inside bar low, go short
Arrow indicates the color of the daily candle
Arrowhead indicates the direction of the DIBS trade
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