Outside Bar Indicator

Modified on Tue, 26 Sep 2023 at 05:24 PM

Outside Bar marks bars with a high that exceeds the high of the preceding bar and a low that falls below the low of the preceding bar.

The indicator view in the chart.

To add and configure this indicator, open the Indicator settings window.

Settings

Include Equal High/Low - include bars with equal High or Low.

Drawing

Panel - selection of the indicator location in the chart:

  • New panel

  • Chart

Visualization

Show zero values - visually display the value '0' for the indicator.

Show value - display of the indicator value on the price scale on the left.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.

Color - color setting of the indicator.

Text color - the color of the indicator price when displayed on the price scale.

Visual type/Type - visual configuration for displaying the indicator on the chart: (line, histogram, underline, blocks, cross, square, dot, up arrow, down arrow, label on the axis (in this case, only the value on the price scale is displayed), hide (in this case, neither the line nor the value on the price scale are displayed)).

Line style - setting of the line display style:

(solid,dot, dash, dash - dot, dash - dot - dot)

Width - setting of the indicator line width.

Ignored By Alerts - disable alerts for the line.


It is recommended that you read other articles on this topic:

INSIDE BAR INDICATOR

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