jc-Inside_Bar — Indicator by jjcalo

inside BAR

inside bar

Copyright by jack calo -- v1.0 -- 03/04/2015 -- Paint the bar yellow when it's an inside day. When the full range of a candle is equal or within the full range of the previous bar. Credit to Rob Smith and his In The Black Strategy.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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// Copyright by jack calo -- v1.0 -- 03/04/2015
// Paint the bar yellow when it's an inside day.  When the full range of a candle is equal or within the full range of the previous bar.  Credit to Rob Smith and his In The Black Strategy.

study(title = "Inside Day", overlay = true)
barcolor((high <= high[1] and low >= low[1]) ? yellow : na)