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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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Indicatori
Ricevi il tuo aggiornamento quotidiano sul mercato con dettagli e schermate tramite il nostro Morning Briefing qui su mql5 e su Telegram ! FX Volume è il PRIMO e UNICO indicatore di volume che fornisce una visione REALE del sentiment del mercato dal punto di vista del broker. Fornisce informazioni straordinarie su come gli operatori di mercato istituzionali, come i broker, sono posizionati sul mercato Forex, molto più velocemente dei rapporti COT. Vedere queste informazioni direttamente sul vo
Noize Absorption Index
Ekaterina Saltykova
Indicatori
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.
PZ Support Resistance MT5
PZ TRADING SLU
4.17 (6)
Indicatori
Unlock key market insights with automated support and resistance lines Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and ev
Gold Trend 5
Sergei Linskii
5 (1)
Indicatori
Gold Trend - è un buon indicatore tecnico azionario. L'algoritmo dell'indicatore analizza il movimento del prezzo di un asset e riflette la volatilità e le potenziali zone di ingresso. I migliori segnali dell'indicatore: - Per VENDERE = istogramma rosso + puntatore SHORT rosso + freccia di segnale gialla nella stessa direzione. - Per l'ACQUISTO = istogramma blu + puntatore LONG blu + freccia di segnale acquatica nella stessa direzione. Vantaggi dell'indicatore: 1. L'indicatore produ
Basic Supply Demand Dashboard MT5
Mehran Sepah Mansoor
Indicatori
Questo cruscotto scopre e visualizza le zone di   domanda   e   offerta   sul grafico, sia in modalità scalping che a lungo termine, a seconda della vostra strategia di trading per i simboli selezionati. Inoltre, la modalità scanner del cruscotto vi aiuta a controllare tutti i simboli desiderati in un colpo d'occhio e a non perdere nessuna posizione adatta /   versione MT4 Indicatore gratuito:   Basic Supply Demand Caratteristiche Consente di visualizzare le opportunità di trading su pi
Price Action Finder Multi MT5
Siarhei Vashchylka
5 (5)
Indicatori
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
Gold ATR MTF 5
Sergei Linskii
Indicatori
MTF ATR dell'oro: questo è un indicatore tecnico di titoli azionari. L'algoritmo dell'indicatore ATR (Average True Range) analizza il movimento del prezzo dell'asset e riflette la volatilità disegnando i livelli corrispondenti in percentuali specificate (%) del prezzo di apertura del periodo di tempo specificato (D1). Gli indicatori (rosso e/o blu D1 H4) della direzione del movimento del prezzo del simbolo e i segnali delle frecce sono aiuti aggiuntivi ed essenziali per un trading intraday como
Automated Trendlines MT5
Georgios Kalomoiropoulos
Indicatori
Le linee di tendenza sono lo strumento più essenziale di analisi tecnica nel forex trading. Sfortunatamente, la maggior parte dei trader non li disegna correttamente. L'indicatore automatizzato delle linee di tendenza è uno strumento professionale per i trader seri che ti aiuta a visualizzare il movimento di tendenza dei mercati. Esistono due tipi di linee di tendenza, linee di tendenza rialziste e linee di tendenza ribassiste. Nella tendenza rialzista, la linea di tendenza Forex viene t
Altri dall’autore
Gap Finder MT5
Christian Galsterer
Indicatori
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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Versione 3.2 2024.08.23
- fixed a small fix after reconnecting
- small performance improvement
Versione 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
Versione 2.0 2024.08.09
- added support to display fibonacci extensions for the last outside bar