2009.02.09 MORE INSIDE BARS

[TheRumpledOne]

2009.02.09 MORE INSIDE BARS



I added the bar number of the most recent inside bar to the indicators.

MT4 version of TRO_InsideBar_Plot attached.

TRO2009_MPMM_INSIDEBAR_TRADE is donational.

UPDATE: FOUND/FIXED A BUG - DOWNLOAD AGAIN.

[smacko]

TRO...

in the indicator working correctly?

i'm not getting the blue line running through it..

attached in the screenshot and template

[TheRumpledOne]

That's because you do NOT have the in&out indicator loaded.

[smacko]

okay so just to confirm...

i need to have TRO_InsideBar_Plot and the in&out indicator?

i'll have to search through my TRO folder and see if i have the in&out indicator.
thanks

[TheRumpledOne]

Yes, use both.

I believe in&out is in one of the MT4 Motherlodes I posted.

[PINKPANTHER5]

Hi TRO,

Which one of your indicators would be a good "daily trend" indicator to combine with the insider bar. Supposidly if the trends are bullish we find buying insider bar breakouts and if the trends are bearish, we find selling insider bar breakouts since we have to "trade with the trend".

Whats a good way to find out the trend?


Thanks so much

[TheRumpledOne]

Look at the market session open price.

If price above, then trend is up.

If price below, then trend is down.

Simple.

[PINKPANTHER5]

Thanks TRO

Oh yes, and one other thing about the DIBS insider bar for dummies indicator. I notice that it gives "get ready" signals even when the insider bar was 5 candles back, it gives signals. Is this what it is supposed to do? Because isn't the insider bar theory only valid until there is a breakout on either side?

Thanks tro!

[TheRumpledOne]

There's more than one way to trade inside bars.

That's the way I trade them.

[626mx]

Does this look correct? This is with the latest donation indys and template.
Thanks