Aussenstab
- Indicators
- Rainer Schnoege
- Version: 1.30
- Updated: 15 November 2024
The outside bar indicator shows a range of inside bars and the breakout up and down from the range. The breakout is always displayed at the start of a new range and is extended until another breakout.
The calculation always takes place at the start of a new candle. So it is displayed accordingly in all time frames.
In inside bar ( insidebar ) trading you can see the top and bottom of a range.
In outside bar ( outsidebar ) trading, the breakout from a range and thus the trend following.
The colors can be customized in the options.
Have Fun!
I really love this indicator. Thank you