[IkonOne]

I have searched the internet to help clear this up, but unfortunately, I have found multiple definitions to the inside bar, so I need to ask. I know it has probably been cleared up already in this thread but there are just way too many pages for me to read it all.

What exactly is the definition of the inside bar used in this trading system??? I have made several indicators for mt4 to experiment with the different definitions I have found. The one that seems to work best is the one that checks to see that the highs and lows of the IB are within the highs and lows of the previous bar AND that the size of the body of the suspect IB is smaller than the previous bar.

I have also modified this indicator to show an inside bar only when the highs and lows of the IB are within the highs and lows of the previous bars AND that the body of the suspect IB is within the body of the previous bar. This one did not work so well. Let me explain why.

With my broker, Interbankfx, it seems that there is almost always a price gap between the open of the current bar and the close of the previous. Often times this gap will make the body of the suspect IB outside of the previous bar, all the while, the close of the IB is well within the open of the previous bar. Now in the indicator, I can allow for a few pips of play in this situation, or I can just assume that the open of the IB is the same as the close of the previous bar, completely ignoring the problem. Does this price gap make a difference???

Ok, let me reorganise my question because I kind of went off on a tangent.

A) What is the exact definition of an inside bar that is being used in this system?

B) Can the high's and low's of the IB be outside of the high's and low's of the previous bar as long as the body of the IB are within the high's and low's of the IB?

C) If not B, does the body of the IB have to be within the body of the previous bar?

Thanks in advance for your help guys.

Also, once i have these questions cleared up, I will post my indicator for you guys, albeit a simple one...

Peace