KT Inside Bar Hunter EA

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KT Inside Bar Hunter EA
MT4 | MT5

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Specs
Release date:November 5, 2019
Last updated:November 5, 2019
Current version:1.0
Product type:Expert Advisor
Requirements:MT4 | MT5
  • Description
  • Backtesting
  • Comments

Despite the popularity of inside bar pattern among traders, using it as a standalone entry signal doesn't provide any evidentiary advantage. KT Inside Bar Hunter EA trades only selected inside bar patterns using some preassessment and ECE price action cycle. 

Trading Strategy

On successful detection of the required pattern, EA places a pending order in the direction of the forecasted price expansion phase. Pending orders are canceled if they are not triggered within the next bar.

Once triggered, active positions are only closed at stop-loss or take-profit. KT Inside Bar Hunter EA doesn't use any other exit techniques for the active running positions.

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