| PART | Part | Description | ||
|---|---|---|---|---|
| 1 | INTRODUCTION | Product introduction, what the product helps you with | ||
| 2 | INSTALLATION & SETUP | System necessities, step-by-step set up information | ||
| Information to Putting in Free Indicators and EAs Included with the Mirage Buying and selling System Buy | ||||
| 3 | INTERFACE DISPLAY | Clarification of the elements displayed on the chart | ||
| Person Information: Buying and selling Traces & Sign Monitoring System | The system robotically attracts Entry, Cease Loss, and Take Revenue traces (TP 1–4) on the chart, tracks value motion for hits, information Win/Loss outcomes, and shows real-time efficiency statistics. | |||
| Person Information : Visualization, Zone Fill, Sign Dashboard & Cancelled Indicators | Whenever you connect an indicator to a chart, the system renders the next visible elements for every detected sign | |||
| Person Information: MTF SCAN & Dashboard Person Information | MTF SCAN robotically scans all Market Watch symbols throughout 8 timeframes (M1 to W1) and shows outcomes on a Dashboard grid instantly in your chart. | |||
| Person Information : Chart Theme Person Information | Chart Theme is a characteristic that adjustments the complete chart coloration scheme in MetaTrader 5 — together with the background, candles, grid, textual content, and Bid/Ask traces — with a single click on. | |||
| 4 | CORE CONCEPTS | Basic ideas that the system is constructed upon | ||
| Person Information: Market Construction Performance within the Buying and selling System | Identifies pattern route (Uptrend, Downtrend, Ranging) by analyzing swing highs/lows, and detects key occasions: BOS (pattern continuation) and CHoCH (potential pattern reversal). | |||
| Person Information : Sign Sorts, States, and Lifecycle | A sign is the system’s notification when it detects a qualifying candlestick sample on the chart. Every sign tells you the anticipated value route and supplies prompt entry, cease loss, and take revenue ranges. | |||
| 5 | SIGNAL FILTERS | Filters that refine and validate buying and selling alerts | ||
| Person Information: Commerce Path (Path Filter) within the Buying and selling System | Defines the allowed buying and selling route (Purchase solely, Promote solely, each, or neither) as the primary filter earlier than trying to find entry alerts, primarily based on present market pattern. | |||
| Person Information: Sign Zone Filter within the Buying and selling System | Eliminates alerts not close to vital value zones, retaining solely these linked to market constructions (swing excessive/low, BOS, CHoCH) to cut back noise. | |||
| Person Information: StoplossHunt Filter Person Information — Filtering “SL Sweep” Indicators | Identifies higher-probability alerts by checking whether or not value “swept stoploss” earlier than forming a sample. | |||
| Person Information : Excessive Zone Filter |
Excessive Zone Filter is a sign filtering characteristic that helps keep away from coming into trades when value is on the high or backside of a Donchian value channel. | |||
| Person Information: Reverse Sign Filter | The Reverse Sign Filter is an computerized characteristic that stops new alerts from showing when you have already got an energetic commerce working in the wrong way.The precept may be very easy: Do not buy once you’re promoting. Do not promote once you’re shopping for. | |||
| Person Information : High quality Filter Person Information | High quality Filter is a characteristic that helps you obtain solely the very best alerts — value patterns fashioned clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people under normal. | |||
| 6 | TRADE MANAGEMENT | |||
| Person Information : Threat/Reward & SL Methodology Person Information | Threat/Reward (R:R) is the ratio between the amount of cash you settle for shedding (Threat) and the amount of cash you anticipate to realize (Reward) in a single commerce. | |||
| Person Information: Trailing Cease Loss (TSL) Person Information | Common Cease Loss (SL) stays mounted in a single place. You set SL at 1990.00, and it stays there without end — even when value has risen to 2030.00.Trailing Cease Loss (TSL) is completely different. It robotically strikes in your favor when value advances. As value strikes up, TSL strikes up with it. When value stalls or reverses, TSL holds the very best place it reached. | |||
| 7 | CONFIGURATION PARAMETERS GUIDE | Detailed information to every configuration parameter | ||
| SIGNAL SCANNING CONFIGURATION GUIDE – MIRAGE TRADING SYSTEM EA | Information to mastering sign scanning settings inside the Inputs tab, optimizing commerce discovery on a single chart or throughout the complete market. | |||
| 8 | ALERTS & NOTIFICATIONS | |||
| Person Information: Alerts & Notifications Person Information | Configure push notifications, and on-screen popups when new alerts are detected. | |||
| 9 | SYSTEM RISKS & LIMITATIONS | Notes on system dangers and limitations |
1. INTRODUCTION
Inside Bar Buying and selling System v1.00
Breakout Buying and selling Precision for MT5
Writer: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor
What’s Inside Bar Buying and selling System?
Inside Bar Buying and selling System helps you see Inside Bar breakout patterns in your MetaTrader 5 charts — robotically. The indicator scans each candle, validates containment and high quality, and exhibits you solely the very best breakout alternatives with clear pending entry orders, cease losses, and revenue targets already calculated. It really works on any market and any timeframe, providing you with extra time to focus in your buying and selling selections as an alternative of trying to find compression setups.
What Are Inside Bar Patterns?
Inside Bar patterns are highly effective breakout constructions that seem when value compresses contained in the vary of the previous candle — storing vitality earlier than releasing in a single route.
Bullish Inside Bar Breakout (Purchase Cease above Mom Excessive)
The Mom Bar (the primary candle) exhibits a variety that absolutely comprises the Inside Bar that follows. The Inside Bar’s excessive is decrease than the Mom Bar’s excessive, and its low is greater than the Mom Bar’s low — the market has compressed solely inside the first candle’s vary. This compression alerts that patrons and sellers are coiling, with neither facet dominating. When value breaks above the Mom Bar’s excessive, it confirms the bullish breakout route and prompts the pending Purchase Cease order robotically.
Bearish Inside Bar Breakout (Promote Cease under Mom Low)
The identical containment construction, however the breakout route is downward. After the Mom Bar establishes its vary and the Inside Bar compresses inside it, a break under the Mom Bar’s low confirms the bearish breakout. The pending Promote Cease order triggers robotically when value crosses the Mom Bar’s low, placing you within the commerce in the intervening time the compression releases.
Whenever you see these patterns forming close to vital assist or resistance ranges or after clear directional strikes, they change into much more dependable alerts for potential pattern continuation or reversal breakouts.
How the Indicator Finds Patterns
The indicator scans your charts in real-time and checks every potential sample in opposition to a number of high quality necessities:
- Checks that the present bar is absolutely contained inside the earlier bar (Mom Bar comprises Inside Bar by vary: excessive and low are each inside)
- Validates Mom Bar significance — physique and vary should meet minimal ATR thresholds to substantiate a significant containing construction
- Confirms tight containment — Inside Bar vary should be sufficiently smaller than Mom Bar vary, making certain real compression relatively than near-equal bars
- Determines route from pattern context — a number of bars earlier than the Mom Bar set up whether or not a bullish or bearish breakout is anticipated
- Checks for particular variants — Harami Cross (doji Inside Bar) and Double Inside (nested containment) obtain high quality bonuses
Solely patterns that cross all these checks seem in your chart, so you do not waste time on weak or invalid setups.
High quality Rating — How Good Is the Sample?
Each sample will get a top quality rating from 0.00 to 1.00. This helps you concentrate on the very best buying and selling alternatives.
What the Rating Means
The indicator checks how important the Mom Bar is (bigger physique and vary relative to ATR = stronger containment construction), how tight the compression is (smaller Inside Bar relative to Mom Bar = extra vitality saved), and whether or not the market context helps a transparent breakout route. Patterns with robust containment, significant Mom Bars, and directional bias from prior bars rating highest.
- Grade A (0.80 – 1.00) — Glorious: Finest alerts, highest likelihood setups
- Grade B (0.60 – 0.79) — Good: Dependable setups price buying and selling
- Grade C (0.40 – 0.59) — Common: Wants further affirmation
- Grade D (0.20 – 0.39) — Beneath Common: Dangerous, use with warning
- Grade F (0.00 – 0.19) — Poor: Keep away from buying and selling these alerts
High quality Threshold Setting
By default, the indicator solely exhibits patterns scoring 0.30 or greater. You’ll be able to alter this within the settings:
- Elevate to 0.50-0.70: See solely the very best alerts (fewer however greater high quality)
- Decrease to 0.15-0.25: See extra alerts (extra frequent however blended high quality)
- Tip: Begin with the default 0.30 and alter primarily based in your backtest outcomes
What You See on the Chart
When the indicator detects an Inside Bar sample, it attracts all the pieces you must know instantly on the chart:
Sign Markers
- Arrow icons: A inexperienced upward arrow for Bullish Inside Bar Breakout alerts, a pink downward arrow for Bearish Inside Bar Breakout alerts, positioned on the Inside Bar candle
- High quality labels: The standard rating (e.g., “Q:0.72”) displayed subsequent to every sign arrow so you possibly can assess power at a look
Buying and selling Traces
- Entry line: A blue horizontal line on the Purchase Cease or Promote Cease entry value (Mom Bar excessive + buffer for bullish, Mom Bar low − buffer for bearish)
- Cease Loss line: A pink horizontal line on the reverse Mom Bar excessive (with ATR buffer) labeled “SL”
- Take Revenue traces: Inexperienced horizontal traces at TP1 (1R), TP2 (1.5R), TP3 (2R), and TP4 (3R) distances from entry, every labeled accordingly
Visible Zones
- Sample spotlight: A shaded rectangular zone highlighting the Mom Bar and Inside Bar pair for fast visible identification
- Monitoring dots: Small coloured dots under/above every bar that change coloration because the sign progresses by its lifecycle states
Sign Lifecycle
Indicators progress by completely different states, proven by altering colours and monitoring dots:
- Pending: Sample simply detected, pending order positioned, ready for value to succeed in Mom Bar excessive
- Triggered: Entry value reached, Purchase Cease or Promote Cease activated, commerce is energetic
- Goal Hit: Value reached a take revenue stage (sign turns inexperienced)
- Cease Hit: Value hit cease loss (sign turns pink)
- Cancelled: Sign invalidated earlier than entry — 3-bar timeout, reverse breakout, or Mom Bar engulfed (sign disappears or grays out)
You’ll be able to watch your alerts evolve in real-time with out opening any menus or panels.
Settings You Can Modify
Listed below are the primary settings that management how the indicator finds and shows Inside Bar patterns:
| Setting | What It Does | Default | When to Change It |
|---|---|---|---|
| “Detection Preset (Commonplace/Strict/Customized)” | Selects threshold set | Commonplace | Use Customized for fine-tuning particular person thresholds |
| “Min Mom Physique/ATR” | Minimal Mom Bar physique significance | 0.05 | Elevate for stronger Mom Bars; 0.10 for Strict |
| “Min Mom Vary/ATR” | Minimal Mom Bar vary significance | 0.08 | Elevate for wider Mom Bars; 0.15 for Strict |
| “Max Inside/Mom Vary Ratio” | Most containment ratio | 0.80 | Decrease for tighter compression; 0.65 for Strict |
| “Max Inside Vary/ATR” | Most Inside Bar vary | 0.50 | Decrease to reject huge Inside Bars; 0.40 for Strict |
| “Entry Buffer (ATR a number of)” | Offset past Mom excessive for entry | 0.05 | Elevate in unstable markets to keep away from false triggers |
| “SL Buffer (ATR a number of)” | Offset past reverse excessive for SL | 0.10 | Elevate for wider stops in high-volatility circumstances |
| “Require Pattern Bars Earlier than Sample” | Bars establishing route | 2 | Elevate to three for stricter pattern requirement |
| “Allow Harami Cross Variant” | Detect doji Inside Bars (+0.15 high quality bonus) | true | Disable if receiving too many low-body alerts |
| “Allow Double Inside Variant” | Detect nested containment (+0.10 high quality bonus) | true | Disable to simplify sign varieties |
Settings Ideas
- Begin with all default settings and let the indicator run for a number of days to see the way it performs
- Should you get too many alerts, swap to STRICT preset, elevate the standard threshold, or decrease the Max Inside/Mom Vary Ratio
- If alerts are too uncommon, decrease the standard threshold or scale back the Require Pattern Bars depend
- All the time backtest any setting adjustments earlier than utilizing them on a stay account
Finest Timeframes and Markets
Really useful Timeframes
- H1 — High quality: Excessive | Frequency: Medium | Finest for: Intraday breakout merchants on Gold/Foreign exchange
- H4 — High quality: Very Excessive | Frequency: Low-Medium | Finest for: Swing merchants wanting dependable setups
- D1 — High quality: Highest | Frequency: Low | Finest for: Place merchants, most dependable Inside Bar alerts
- M30 — High quality: Medium-Excessive | Frequency: Medium-Excessive | Finest for: Scalpers on unstable pairs
Finest Markets
- XAUUSD (Gold): Sturdy Inside Bar patterns on H1/H4 attributable to excessive volatility and clear construction
- EURUSD, GBPUSD, USDJPY: Work nicely on H1 and above, clear containment patterns
- US30, NAS100: Index markets produce clear Inside Bars on H4 and Each day
- GBPJPY, EURJPY: Cross pairs with excessive volatility — glorious for breakout entries
The indicator works on any image and timeframe, however these mixtures have a tendency to provide essentially the most dependable alerts.
Getting Began — Fast Setup
Observe these steps to start out utilizing Inside Bar Buying and selling System:
- Open MetaTrader 5 and cargo a chart — we advocate beginning with XAUUSD on H1
- Within the Navigator panel on the left, broaden “Indicators” → “Customized” and discover “Inside Bar Buying and selling System”
- Drag the indicator onto your chart
- A settings window seems — click on OK to make use of the default settings in your first session
- Look ahead to arrow alerts showing in your chart with entry, SL, and TP traces drawn robotically
- After observing a number of alerts, alter the High quality Threshold or Detection Preset if you would like fewer or extra alerts
- Elective: Go to the Alerts tab in settings and allow push notifications to obtain alerts in your cellular system
That is it! The indicator is now scanning your charts robotically and can provide you with a warning when high-quality Inside Bar patterns seem.
All Options at a Look
- Computerized Inside Bar detection with vary containment validation
- 6-factor weighted high quality scoring (bodyATR 25%, relativeRange 20%, containment gate 20%, bodyPosition 15%, dirChanged 12%, closeVsRange 8%)
- Harami Cross variant detection (doji Inside Bar) with +0.15 high quality bonus
- Double Inside Bar variant detection with +0.10 high quality bonus
- PENDING entry mode (Purchase Cease / Promote Cease orders at Mom Bar extremes)
- 3-bar invalidation timeout for stale setups
- Detection preset system (Commonplace, Strict, Customized)
- Configurable pattern context requirement
- Sign states and lifecycle monitoring (Pending → Energetic → Completed)
- High quality filter to reject weak patterns under threshold
- Excessive zone filter (overbought/oversold rejection)
- Stoploss hunt filter (liquidity sweep validation)
- Reverse sign filter (stop conflicting alerts)
- Threat/Reward with 3 cease loss strategies (Donchian, ATR, Sample)
- As much as 4 take revenue ranges (TP1-TP4)
- Donchian Channel trailing cease loss
- MTF Scanner (as much as 150 symbols × 8 timeframes)
- Market construction evaluation (BOS / CHOCH)
- 4-channel alert system (popup, sound, push, e mail)
- Sign statistics dashboard
- Skilled chart themes (Darkish, Mild, Customized)
- EA sign buffers for automated buying and selling
For detailed guides on every characteristic, see the MANUAL included with the indicator.
Frequent Questions
Q: Why does the indicator use pending orders as an alternative of market orders?
A: Inside Bar is a breakout sample. The entry ought to solely set off when value breaks past the Mom Bar vary, confirming the breakout route. Pending orders (Purchase Cease/Promote Cease) make sure you solely enter if the breakout really occurs — you by no means enter a commerce simply because compression was detected.
Q: What is the distinction between Inside Bar and Harami?
A: Inside Bar makes use of vary containment (excessive/low of the interior candle are contained in the outer candle’s excessive/low). Harami makes use of physique containment (open/shut). Inside Bar is a structural breakout sample; Harami is a reversal sample. This indicator detects Inside Bar, not Harami.
Q: How do I scale back the variety of alerts?
A: Change to STRICT preset, elevate the standard threshold, enhance Require Pattern Bars, or decrease the Max Inside/Mom Vary Ratio for tighter containment.
Q: What occurs if the breakout would not happen?
A: The indicator has a built-in 3-bar invalidation timeout. If value would not break the Mom Bar vary inside 3 bars after the Inside Bar, the sign expires robotically. Further invalidation triggers embrace: reverse breakout occurring first, the Mom Bar being engulfed by a subsequent candle, or a brand new Inside Bar forming.
Q: Can I take advantage of this for each scalping and swing buying and selling?
A: Sure. Use M30-H1 for scalping with Commonplace preset, and H4-D1 for swing buying and selling with Strict preset. The TP ratios (1R, 1.5R, 2R, 3R) work nicely throughout timeframes.
What’s New — Model v1.00
That is the v1.00 launch of Inside Bar Buying and selling System. Key options embrace:
- Computerized Inside Bar detection on all timeframes with vary containment validation
- 6-factor high quality scoring with per-factor weights tuned for compression breakout setups
- Harami Cross and Double Inside variant detection with high quality bonuses
- PENDING entry mode with Purchase Cease / Promote Cease at Mom Bar extremes
- 3-bar invalidation timeout with a number of cancellation triggers
- Commonplace, Strict, and Customized detection preset system
- Multi-timeframe scanner monitoring as much as 150 symbols × 8 timeframes concurrently
- Seven-layer sign filtering system
- Donchian Channel trailing cease
- 4-channel alert system (popup, push, e mail, sound)
- Sign statistics dashboard with win/loss monitoring
- EA sign buffers for iCustom() automated buying and selling integration
Getting Assist
You probably have questions or want assist:
I am dedicated to serving to you get essentially the most out of this indicator.
Able to Begin?
Inside Bar Buying and selling System is designed to save lots of you time and allow you to discover high-probability Inside Bar patterns robotically. Connect the indicator to your chart and begin with the default settings — you possibly can fine-tune all the pieces later as you get comfy with the way it works.
Blissful buying and selling!
Ich Khiem Nguyen
Inside Bar Buying and selling System v1.00 — Created 2026-02-24