The strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out!
Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website.
Note: If you are interested in custom development...
Delta Traders - Inside Bar Strategy & backtest
In order to confirm this pattern you will need to see a candle on the chart, which is fully contained within the previous bar.
In this manner, the inside bar candle should have a higher low and a lower high than the previous candle on the chart.
The Inside Bar is fairly easy to spot on the chart, but using an...