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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
Noise filtering: the key to mastering trends Special Offer: Purchase now to receive free bonuses worth $75! (Read more for details) This indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade Find oversold/overbought situatio
Bill Williams Advanced
Siarhei Vashchylka
5 (8)
Indicatori
Bill Williams Advanced is designed for automatic chart analysis using Bill Williams' "Profitunity" system. The indicator analyzes four timeframes at once. Manual (Be sure to read before purchasing) Advantages 1. Automatically analyzes the chart using the "Profitunity" system of Bill Williams. The found signals are placed in a table in the corner of the screen. 2. Equipped with a trend filter based on the Alligator indicator. Most of the system signals are recommended to be used only accordi
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
Blahtech Market Profile MT5
Blahtech Limited
5 (9)
Indicatori
Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Trend Line Map Pro MT5
STE S.S.COMPANY
4.09 (11)
Indicatori
Trend Line Map indicator is an addons for   Trend Screener Indicator . It's working as a scanner for all signals generated by Trend screener ( Trend Line Signals ) . It's a Trend Line Scanner based on Trend Screener Indicator.  If you don't have Trend Screener Pro Indicator,   the Trend Line Map Pro will not work.     LIMITED TIME OFFER : Trend Line Map Indicator is available for only 50 $ and lifetime. ( Original price 125$ ) By accessing to our MQL5 Blog,  you can find all our premium indica
Dark Oscillator MT5
Marco Solito
4.92 (12)
Indicatori
Dark Oscillator   is an Indicator for intraday trading. This Indicator is based on   Counter Trend  strategy, trying to intercept changes in direction, in advance compared trend following indicators.  We can enter in good price with this Indicator, in order to follow the inversion of the trend on the current instrument. It is advised to use low spread ECN brokers. This Indicator does   Not repaint   and   N ot lag . Recommended timeframes are M5, M15 and H1. Recommended working pairs: All. I nst
Italo Trend Indicator MT5
Italo Santana Gomes
4.9 (10)
Indicatori
BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR  is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t
Royal Scalping Indicator M5
Vahidreza Heidar Gholami
5 (6)
Indicatori
Royal Scalping Indicator is an advanced price adaptive indicator designed to generate high-quality trading signals. Built-in multi-timeframe and multi-currency capabilities make it even more powerful to have configurations based on different symbols and timeframes. This indicator is perfect for scalp trades as well as swing trades. Royal Scalping is not just an indicator, but a trading strategy itself. Features Price Adaptive Trend Detector Algorithm Multi-Timeframe and Multi-Currency Trend Low
Blahtech Supply Demand MT5
Blahtech Limited
4.54 (13)
Indicatori
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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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