MTF Inside Bar

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2096

With this indicator we can visualize price action in other (higher) timeframe without leaving our current chart.

Just choose wich timeframe you desire (ex: TFup=3 means third timeframe up from the current timeframe in the chart).

Also you can choose:

  • bars_back: how many inside bars (candles)
  • stats: if true shows the range (Open-Close, absolute value) in pips of the inside bar (candle)
  • UpCandleColor: color for a bull bar (candle)
  • DownCandleColor: color for a bear bar (candle)
  • width: thickness of the bar
  • filling: if true draws the inside bar with fill; otherwise just the edges.

 

MT4 Indicator Download – Instructions

MTF Inside Bar is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.

MTF Inside Bar provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install MTF Inside Bar.mq4?

  • Download MTF Inside Bar.mq4
  • Copy MTF Inside Bar.mq4 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
  • Right click on MTF Inside Bar.mq4
  • Attach to a chart
  • Modify settings or press ok
  • Indicator MTF Inside Bar.mq4 is available on your Chart

How to remove MTF Inside Bar.mq4 from your Metatrader 4 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

MT4 Indicators Download below:

MTF Inside Bar – indicator for MetaTrader 4

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