Sandwich Bars 4.0

Metatrader Indicator (MT4/MT5)

  • Overview

    This indicator detects Sandwich Bars of several ranges, an extremely reliable breakout pattern.

    • Easy and effective usage
    • Customizable bar ranges
    • Customizable color selections
    • The indicator implements visual/mail/push/sound alerts
    • The indicator does not repaint or backpaint

    A sandwich setup consists on a single bar that engulfs several past bars, breaking and rejecting the complete price range.

    • A blue box is a bullish breakout
    • A red box is a bearish breakout
  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Min Range
    Minimum range in bars of the inside bar formation
    Max Range
    Maximum range in bars for the inside bar formation
    Max History Bars
    Max history bars to analize when the indicator loads
    Drawing Settings
    Colors and sizes of price boxes
    Alerts
    Enable or disable alerts of all kinds
  • ? FAQ
    Does the indicator repaint?
    No, it does not repaint.
    What is a sandwich bar?
    A sandwich setup consists on a big bar that engulfs several past bars, breaking and rejecting the complete price range in a single bar.
    Does the indicator implement alerts?
    Yes, of all kinds.
  • Comments

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Screenshots

Sandwich Bars Indicator for Metatrader
Sandwich Bars Indicator for Metatrader
Sandwich Bars Indicator for Metatrader
Sandwich Bars Indicator for Metatrader
Sandwich Bars Indicator for Metatrader