Inside bars represent consolidation and indecision. Trade the breakout direction when the range is broken with conviction.
Indicators Used
Inside Bar DetectorTrend Direction
Rules
๐ Entry Rules
- Identify inside bar (fully contained within mother bar)
- Place buy stop above inside bar high
- Place sell stop below inside bar low
- Cancel opposite order once one triggers
- Prefer breakouts in the direction of the trend
๐ก Pro Tip
Multiple inside bars (2-3 stacked) create coiling patterns that produce the most explosive breakouts.