Odin's Inside Bar Indicator

A simple indicator that identifies "inside bars" by painting them blue.

An inside candle is a candle that has a lower high and higher low than the previous candle.

I like to use it on the daily chart to find areas of price compression that lead to a breakout.

The price then often trends in the direction of the breakout.

Especially powerful when combined with other market structure analysis.


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.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?