Fab_Coin_

Inside Candle Viewer

Fab_Coin_ Updated   
Inside Candle Viewer

What it’s meant for:
- This indicator is used to identify inside candles that might generate an upcoming trading range
- Works best on large timeframe (Suggested from 2 days up to 1 week) and crypto asset (Index don't show much because of daily gaps)

How it works:
- It check for daily close (or the chosen timeframe), highlight inside candles and also plot trading range limits generated by inside pattern
- Trading range limits extend until candle closes are within those limits
- Usually the longer the trading range last, the stronger the following trend is when it break in any direction

Settings:
- Change color of inside bars and enable/disable from chart
- Change color of trading range and enable/disable from chart

Alerts:
- No alerts are defined at the moment
Release Notes:
Updated chart
Release Notes:
- added timeframe selector: as in the shown chart you can be on a daily chart and force a 2 days inside range calculation
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.

Disclaimer

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.

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