http://www.michaelglass.com - An inside bar is a bar or series of bars which is/are completely within the range of the preceding bar, or , i.e. it has a higher low and lower high than the bar immediately before it. It may indicate a time of indecision or consolidation. The often occur at tops and bottoms, in continuation flags, and at key decision points like support or resistance levels and consolidation breakouts. The most logical time to use inside bars is when a strong trend is in progress. Volume on the inside bar should be noticeably smaller than that of the preceding bar since it indicates a more balanced situation.
@geniusmarketing08 Thanks for the positive feedback. I would agree. The more I track the results, the more I like inside bars. Thanks for the tips
moveupwithmike 7 months ago
nice vid, have spent over 1 year backtesting and trading price action- hae found that continuation inside bars are possibly as close to a grail system as you can get. Also works well on 30 min, hrly, 4 hr on forex..anywhere there is a trend in place for 1x rr each trade.
geniusmarketing08 7 months ago