Actually, that's not a bad idea. Currently I can restrict the EA from trading if the IB is over a set value, but perhaps it can be based around a multiple of the ATR and the trigger bar. I'll investigate. Thanks.

Inside Bar Trading Revisited

Using ATR in the EA — Here's a quick run for USDJPY. USDJPY ATR*1/2 128 Trades, 102 winners (80%), -£39.96 USDJPY ATR 97 Trades, 64 winners (66%), £0.64 USDJPY SL 102 Trades, 84 winners (82%), £0.87 So, this time the 1/2 ATR was still better ...

Inside Bar Trading Revisited

Thanks croesesFX, we're also here -> url

Inside Bar Trading Revisited

You may well be right and I appreciate the comments. Bear in mind that there's nothing currently in the EA that determines if a breakout from the IB is good. There are some things that we can do to try and reduce the number of false breakouts that ...

Inside Bar Trading Revisited

Attached is a picture of the volume indicator. You can see a line at the 600 mark. Anything below this could be considered low volume, anything above is high. In this chart, from todays EURUSD 30M, there is a clear distinction between low volume and ...

Inside Bar Trading Revisited

Using ATR in the EA — One of the hardest things to do when trading, with or without an EA, is to determine where TP should be. As discussed previously, the pure IB method uses ATR and Support/Resistance levels. But how good is ATR when used ...

Inside Bar Trading Revisited

Using the ATR as a Take Profit Guide — The pure IB technique uses the ATR indicator as a Take Profit guide. Specifically, the pure IB technique suggests pulling half your profit at the ATR point and the remainder at 2xATR. It also suggests ...

Inside Bar Trading Revisited

Volume — Trading when there is low volume can be tricky. Why? When there is low volume, individual market moves can have a greater effect. What do we class as low volume? Hmm, another subjective question. Let's take a step back. Volume should ...

Inside Bar Trading Revisited

All are welcome in this room, it can be found here -> url

Inside Bar Trading Revisited

EA Trading Potential — OK, so what is the raw trading potential of this system? By raw, I mean ignoring the pure IB questions, what happens if we take every trade as it breaks the IB. Well, here are some results that I have backtested for the ...

Inside Bar Trading Revisited

Opening Trades — When an IB forms, you can follow the pure IB technique and determine which trend you want to follow (Bearish or Bullish). If you have confidence in the pure trading technique, then at this point you could set up a Buy Stop or ...

Inside Bar Trading Revisited

Opening Two Trades — The pure IB system opens a trade when the price breaks the upper or lower bounds. Within the forum, a number of people, including the thread owner, will open two trades at this point. They will close the first based upon ...

Inside Bar Trading Revisited

Daily Pivot Point, Support and Resistance — The pure Inside Bar technique suggests that you avoid trading near the Daily Pivot Point. The DPP is a value that indicates the days average price. I'm not sure how it's calculated, but I'm guessing ...

Inside Bar Trading Revisited

Trading 30M charts — The pure IB technique trades on a 30 minute chart (with some unspecified plan to move onto hourly charts). Why 30M? The idea is that a 30M chart shows Inside Bars that have a manageable price distance between their bounds. ...

Inside Bar Trading Revisited

Trading before News or Session Open — The pure IB technique warns you against trading before news or a session opening. In fact, these are good warnings for any system. Why? Well, during these times, the market can behave 'irrationally'. By ...

Inside Bar Trading Revisited

Trend of the Moment — The pure IB trading technique uses what is called the Trend of the Moment (TOM) to help determine which way you should trade. The idea is that you trade with the TOM. But what is the TOM? Good question, personally I'm not ...

Inside Bar Trading Revisited

Inside Bars — So what are Inside Bars? Simply put it's where a bar on the chart closes with a lower high and a higher low than the previous bar. But what is it really? It's a point of consolidation. The current trend has stopped and there's a ...

Inside Bar Trading Revisited

Post 1160 refers to a forum user who talked about using the system with a different timeframe. Cliff was merely pointing out that the EURUSD is at the end of it's recent reversal and that next week should, literally, be all downhill. He posted a ...

Inside Bar Trading

London close in 23mins. Being a Friday, watch for some weirdness.

Inside Bar Trading