Inside bar strategy – strategy for brokers

The Inside bar strategy in detail:

Thanks to a rather high profit / loss of relation the Inside bar hears trade to strategy to the most popular commercial strategies in the Forex. The problem is present that there are in practice only rather seldom the suitable conditions on this strategy. They need no indicators for this strategy and can use them in the bar as well as in the Candlestick.

Advantages of the Inside bar strategy:

• clearly defined entrance points
• to apply simply
• good profit / loss relation

Disadvantages of the Inside bar strategy:

• there rule rather seldom the right conditions

Use of the Inside bar strategy

1. With an Inside bar it concerns a Chartbalken which fits including the High or Low points completely in the previous Chartbalken. Together both Chartbalken are also called container.
2. Accepted the topical prize beam is called with "1" and the previous beam with "2", then it concerns under the following conditions an Inside bar: High 1 <high 2 and Low 1> Low 2.
3. A Short position is marked by a bear's broad Inside bar which follows bullischen Chartbalken in a visible upward trend.
4. The reverse case signals a Long position.
5. With the Short positions it is put of the Stop-Loss on High of the container.
6. With the Short positions it is put of the Stop-Loss on the Low of the container.
7. The take profit is always put on the next opposition or support area.

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