The Inside Bar Breakout Signal, better known as the StrategyQuant Signal indicator for Metatrader 4 identifies inside bar price breakouts and alerts the trader.
The indicator pops up in the main MT4 window as red colored signal dots.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “InsideBarBreakout.mq4” indicator for MT4
Indicator Chart (GBP/JPY H4)
The example chart below displays the Inside Bar Breakout Signal mt4 indicator in action on the activity chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Inside Bar Breakout Signal Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Breakout
Does the indicator repaint? No.
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Download the “InsideBarBreakout.mq4” indicator for Metatrader 4
