Inside Bar Indicator

[erebus]

The more I research these, the more definitions I find



https://www.mql5.com/en/market/product/3716?p=2mne#full_description

https://www.mql5.com/en/market/product/3719?p=2mnf

 

[tjenarvi]

the first picture of FFX bearish engulfing, it is engulfing bar, but not outside bar

 

[erebus]

Yes, I think he has 2 different indicators, 1 for complete outside bars (high to low) and the other for open to close outside engulfing, that is the body of second candle engulfs the body of first candle.

I got the pictures from the listing within MT4 so I'm guessing even he or whoever in charge of listing htem, got them mixed up for sure!

 

[tjenarvi]

yes many people will confused and mixed of it

outside bar, literally high/low higher and lower then previous candle
engulfing bar, literally open/close higher and lower then previous candle (in forex, as there is no rarely gap, open or close is the same as the previous candle)