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This professional Advisor (EA) opens orders when an outbreak from an interior bar formation happens. It may for example be used with a strategy which you can read about here.

the behaviour of the EA can be clarified in the next steps (please also see different screenshot for visualization):

  • The formations with sell/purchase lines will be drawn on the graph in addition to the initial ATR take profit level.
  • Time and disperse filters.
  • Possibility for take profit and stop loss based on the ATR indicator or use a risk/reward ratio (based on stop loss).
  • Possibility to select between adding a fixed lot or let the system set the lot size according to risk percentage.
  • Possibility to trade in a reverse way (buy when sell, sell when buy).

Please make sure that you first test the EA on a demo account and let at least 10 trades be done. Before going live please also test your setup in the strategy tester.

Please be aware that I do not provide with any trading advice, signals or .set (preset) files. I will only be able to answer questions regarding the meaning of the input parameters, in case something should be unclear in the product’s blog.

The EA cannot be used with netting account types.

Read More...

Please make sure that you first test the EA on a demo account and let at least 10 trades be done. Before going live please also test your setup in the strategy tester.

Please be aware that I do not provide with any trading advice, signals or .set (preset) files. I will only be able to answer questions regarding the meaning of the input parameters, in case something should be unclear in the product’s blog.

The EA cannot be used with netting account types.

Please find the description and explanation of the input parameters here.

Please check out other inside bars products:

Candle patterns scanner

Pennants and Triangles scanner

Please find the description and explanation of the input parameters here.

Please check out other inside bars products:

Candle patterns scanner

Pennants and Triangles scanner

Our Useful Features & Services

Published

05 June 2020

Updated

10 July 2020

Current Version

1.1

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Wan Ping Fei January 25, 2021 4:27 am
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The author always responds quickly to any questions…👍👍👍👍👍