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Outside Bar Indicator MT5

Outside bars (Außenstäbe) are important in professional price action trading and were made popular by Michael Voigt. Highs and lows of outside bars (Aussenstäbe) can be utilized as entry and exit for trades following different strategies. With combining different timeframes you can more easily detect the overall trend of the market, see potential resistance and support levels and also detect change in trend and framing of the market. Examples for strategies with inside bars (Innenstäbe) and outside bars are

  • Reversal
  • Trend continuation
  • Breakout
  • Ranges

This indicator allows to displays outside bars on the current and configurable higher timeframes. E.g. you can display the M5 outside bars on a M1 timeframe to see the bigger picture without the need to switch between different charts. 

Key features:

  • Smart timeframe overlays: 
    • If the configured timeframe is smaller than the chart timeframe, then automatically the chart timeframe is used.
    • If the chart time frame is changed back then automatically the configured timeframe is used again
  • Configurable timeframes
  • Configurable colors
  • Tolerance for the open/close price of inside bar (Innenstab)
  • Display of fibonacci extensions (150% and 161,8%) for the last outside bar (Aussenstab).

Configuration:

The following configuration options exists:

  • Timeframe for the outside bar
  • Colors for bullish/bearish outside bars
  • Option to display the open line of the outside bar as market often returns to the open line and can be used as entry or exit point into a trade
  • Option to display fibonacci extensions for the last outside bar
  • Tolerance in points the open/close price of an inside bar can be higher/lower than the outside bar (Außenstab).























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Trade smarter, not harder: Empower your trading with Harmonacci Patterns Special Offer: Purchase now to receive free bonuses worth $165! (Read more for details) This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Up
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Marzena Maria Szmit
3 (2)
Indicateurs
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Noize Absorption Index
Ekaterina Saltykova
Indicateurs
Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
Golden Spikes Premium
Kwaku Bondzie Ghartey
5 (1)
Indicateurs
Golden Spikes Detector Acknowledgement and Dedications:  The name of this indicator was Inspired by an Original; Mr Grant Koopman; a Knowledgeable and experienced Synthetics trader. I dedicate this indicator to Mr Grant.  Overview: The Golden Spikes Premium is a groundbreaking trading indicator meticulously crafted for the Boom and Crash indices on the Deriv market. Tailored to meet the needs of discerning traders, this powerful tool operates exclusively on the one-minute timeframe, providin
Gold Trend 5
Sergei Linskii
5 (1)
Indicateurs
Gold Trend - il s'agit d'un bon indicateur technique boursier. L'algorithme de l'indicateur analyse le mouvement du prix d'un actif et reflète la volatilité et les zones d'entrée potentielles. Les meilleurs signaux de l'indicateur: - Pour la VENTE = histogramme rouge + pointeur SHORT rouge + flèche de signalisation jaune dans la même direction. - Pour l'ACHETER = histogramme bleu + pointeur LONG bleu + flèche de signalisation aqua dans la même direction. Avantages de l'indicateur: 1
Basic Supply Demand Dashboard MT5
Mehran Sepah Mansoor
Indicateurs
Ce tableau de bord découvre et affiche les zones   d'offre   et de   demande   sur le graphique, à la fois en mode scalping et à long terme, en fonction de votre stratégie de trading pour les symboles sélectionnés. En outre, le mode scanner du tableau de bord vous permet de vérifier tous les symboles souhaités en un coup d'œil et de ne manquer aucune position appropriée /   Version MT4 Indicateur gratuit:   Basic Supply Demand Caractéristiques Permet de visualiser les opportunités de tr
Price Action Finder Multi MT5
Siarhei Vashchylka
5 (5)
Indicateurs
The Price Action Finder Multi indicator is an indicator of entry points that searches for and displays Price Action system patterns on dozens of trading instruments and on all standard time frames: (m1, m5, m15, m30, H1, H4, D1, Wk, Mn). The indicator places the found patterns in a table at the bottom of the screen. By clicking on the pattern names in the table, you can move to the chart where this pattern is located. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Pa
Automated Trendlines MT5
Georgios Kalomoiropoulos
Indicateurs
Les lignes de tendance sont l'outil d'analyse technique le plus essentiel dans le trading forex. Malheureusement, la plupart des commerçants ne les dessinent pas correctement. L'indicateur Automated Trendlines est un outil professionnel pour les traders sérieux qui vous aide à visualiser le mouvement de tendance des marchés. Il existe deux types de lignes de tendance, les lignes de tendance haussières et les lignes de tendance baissières. Dans la tendance haussière, la ligne de tendance
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Gap Finder MT5
Christian Galsterer
Indicateurs
With the gaps finder indicator gaps between trading session are automatically added to you chart and you will never miss a gap which you can use in your trading strategies. Gaps often act as a magnet where the markets returns to or when a gap is closed often constitutes a reversal point.You don't have to draw manually gaps anymore. Key Features: Support for multiple trading sessions in a single chart, e.g market session and future session Configurable number of days to look back for gaps Highly
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Version 3.2 2024.08.23
- fixed a small fix after reconnecting
- small performance improvement
Version 3.0 2024.08.12
- added support to disable the indicator
- last outside bar is now extended to the right end of the chart window
Version 2.0 2024.08.09
- added support to display fibonacci extensions for the last outside bar