Double Inside bar // Consecutive Inside Bar = Ak47Double Inside Bar Indicator Or Consecutive Inside Bar Highlighting
This custom Pine Script indicator is crafted for traders who utilize the traditional Inside Bar . A Double Inside Bar is a more specific pattern, involving two consecutive bars that are both contained within the range of a preceding "mother bar". This script not only detects these patterns but also emphasizes consecutive occurrences with a distinctive visual marker, aiding traders in identifying these setups amidst market fluctuations.
Features:
Double Inside Bar Detection: Identifies Double Inside Bars, where two successive bars are completely contained within the range of the preceding bar. This pattern indicates potential continuation or reversal with a stronger conviction.
Consecutive Pattern Highlighting: Highlights consecutive Double Inside Bar patterns, offering a clear visual indication for traders. This feature can be enabled or disabled as per the user's preference.
Bullish and Bearish Color Coding: Differentiates bullish and bearish setups by coloring the bars green or red, respectively, providing immediate insights into market sentiment.
Unique Visual Markers: Utilizes shapes to indicate bullish (triangle up) and bearish (triangle down) Double Inside Bars. For consecutive patterns, irrespective of being bullish or bearish, a yellow diamond is displayed below the bar to focus on the pattern's potential for signaling substantial market moves.
Trading Strategy:
Buy Signal: When a Double Inside Bar pattern is detected, a buy signal is generated. The entry point for the trade is set just above the high of the mother bar, with a stop loss placed just below the low of the mother bar, aiming to capture upward breakouts effectively.
Sell Signal: A sell signal is indicated by the detection of a Double Inside Bar pattern. The trade entry is positioned just below the low of the mother bar, with a stop loss above the high of the mother bar, targeting potential downward breakouts.
Why Use This Indicator?
Enhanced Decision Making: By providing clear visual cues for Double Inside Bar patterns and especially emphasizing consecutive occurrences, traders can make more informed and confident decisions.
Adaptability: The ability to toggle the highlighting for consecutive patterns allows traders to customize the indicator to match their trading style and the prevailing market conditions.
Simplicity and Effectiveness: This indicator streamlines the detection of significant Double Inside Bar patterns, helping traders to focus on their strategy and manage their time more efficiently.
Conclusion
This Double Inside Bar Indicator is a vital tool for traders looking to leverage the predictive power of Double Inside Bar patterns. With its unique consecutive highlighting feature and intuitive color coding, it enhances trading strategies by pinpointing potential breakout opportunities with higher precision.
Search in scripts for "inside bar"
2 Bar Master Pattern Indicator ( MTF Inside Bars ) THE 2 BAR MASTER PATTERN IS A PRICE ACTION INDICATOR
It is based off of the master pattern concepts which explains the market moving through a 3 phase cycle.
Phase 1 - Contraction
Phase 2 - Expansion
Phase 3 - Trending
THESE 3 PHASES ARE HAPPENING ON EVERY TIME FRAME AND ON EVERY ASSET CLASS.
The first phase of the cycle is the contraction phase, this is where price goes
into contraction which is measure by a simultaneous lower high / higher low.
The contraction phase can be measured with many forms of contraction methods, such as 2 bar / 3 bar and multi bar contraction detection.
The 2 bar master pattern detects inside bars, based off 2 bar candle detection, when detected it will color the candle and a value line will project out of the center.
When it identifies an inside bar it will bring a line through the centre of the inside bar which is known as a value line, these are key levels that price can either find support or resistance on these levels, or a level when broken price can breakout and take off.
MTF FUNCTIONALITY
We have coded into the logic a Multi Time Frame function so that you can have it identify any inside bar on any time frame. 2 bar inside bars work best on higher time frames such as the 4hr and above therefore with the multi time frame functionality you can set it to a higher time frame of choice and be on a lower chart timeframe where you will take your entries off of.
SHORT ENTRY EXAMPLE
LONG ENTRY EXAMPLE
In the example above its set to the weekly chart as the time frame to detect the 2 bar master patterns, and the timeframe for entry is the 4hr time frame, this will change depending on your trading style and timeframes you like to trade on.
2 BAR MASTER PATTERNS CAN BE USED FOR REVERSALS AND CONTINUATION TRADING.
CONTINUATION INSIDE BAR TRADING
When you have a inside bar formed on a higher time frame, you mark the high and low of the inside bar, and depending on the direction of the trend - if on a up trend and it breaks the high of the inside bar is an long entry - and if its on a downtrend and the low of the inside bar is broken thats the set up for a short entry.
REVERSAL INSIDE BAR TRADING
When you have an inside bar forming at the bottom or top of a range or key level, this can be a sign of weakness and a potential area where price will reverse in the opposite direction.
2 BAR MASTER PATTERN INSIDE BARS EITHER SHOW STRENGHTH OR WEAKNESS OF A TREND
If combined in combination with the higher time frame trend direction and the master patten concepts principles, you can find amazing entries.
Best place to look for long entries on a confirmed uptrend is when price is under the value lines
Best place to look for short entries on a confirmed downtrend is when price is above the value lines
Once you understand that the market is moving in this 3 phase cycle and become adept and identifying the 1st phase which is the contraction phase, it can open the door to a new way of percieving the market and making sense of the seemingly randomness of how it moves.
P.I.B. System (Pin Bar | Inside Bar) // AlgoFyreThe "P.I.B. System (Pin Bar | Inside Bar)" identifies bullish and bearish pin bars and inside bars on a price chart. It highlights potential market reversals by plotting labels and colorizing bars, providing traders with visual cues for better decision-making.
Description
The "P.I.B. System (Pin Bar | Inside Bar)" script is designed to help traders identify potential reversal points in the market by detecting bullish and bearish pin bars and inside bars. A pin bar is a candlestick pattern that indicates a potential reversal, characterized by a small body and a long wick. Inside bars are candlestick patterns where the current bar's high and low are within the previous bar's range, indicating potential consolidation before a breakout.
This script allows customization of various parameters to fine-tune the identification of pin bars and inside bars. When a pin bar or an inside bar is detected, the script plots a label on the chart and colorizes the bars to highlight these patterns. This tool is useful for traders looking to identify potential reversal points and make informed trading decisions.
Explanation of All Options
Pin-Wick Size Ratio Minimum Value : The minimum ratio of the wick size to the total candle size for a pin bar to be considered valid. Default is 0.66.
Candle Body Size Ratio Maximum Value : The maximum ratio of the body size to the total candle size for a pin bar to be considered valid. Default is 0.4.
Handle-Wick Wick Size Ratio Maximum Value : The maximum ratio of the opposite wick size to the total candle size for a pin bar to be considered valid. Default is 0.4.
Filter Out Small Candles : Option to filter out small candles based on the previous candle's size. Default is true.
Small Candle Size Ratio : The ratio used to determine if a candle is considered small compared to the previous candle. Default is 2.0.
Identify Inside Bars : Option to identify inside bars following a pin bar. Default is true.
Show Only P.I.B. : Option to show only the bars where a pin bar is followed by an inside bar. Default is true.
Hide Horizontal Rays : Option to hide horizontal rays drawn from the last identified pin bars. Default is false.
How to Use
To use this script, add it to your chart. Customize the input parameters to match your trading strategy. The script will automatically identify and highlight bullish and bearish pin bars and inside bars on the chart. Use the visual cues provided by the labels and colorized bars to make informed trading decisions.
MACD (Moving Average Convergence/Divergence) + Inside BarMACD (Moving Average Convergence/Divergence) + Inside Bar so that free users can have two things in same indicator.
Script is open for everyone.
Check and test the code of Inside Bar and let me know if it is correct.
Feel feel to share.
Chained Inside BarsThis script identifies consecutive inside bars by referencing only the most recent non-inside bar, so it avoids excessive lookback. An “inside” bar means its high is lower than the reference bar’s high, and its low is higher than the reference bar’s low. If the current bar is inside, it’s colored white; once price breaks outside, the script updates that new bar as the next reference.
Key Points
• Bars are compared against the last non-inside bar, chaining consecutive inside bars off that same reference bar.
• Inside bars are highlighted in white (non-inside bars retain default chart colors).
• Includes an alert condition for when a new inside bar forms.
• Prevents large dynamic indexing, making it more stable and efficient.
Use this indicator to quickly spot consecutive inside-bar formations without needing to track every single bar-to-bar relationship.
Engulfing Patterns & Inside Bar at NWOGEngulfing Patterns & Inside Bar at NWOG:
This indicator is designed to detect and display specific candlestick patterns (Bearish Engulfing, Bullish Engulfing, and Inside Bar) when they occur at the New Week Open Gap (NWOG). The indicator provides tiny dots plotted at the top of the candle for each detected pattern, keeping the chart clean and minimal. Below is a detailed description of the logic and components:
Candlestick Patterns Detected:
Bearish Engulfing:
A Bearish Engulfing pattern occurs when:
The current candle’s high is above the previous candle’s high.
The current candle’s close is below the previous candle’s low.
This pattern signals a potential downtrend and is marked by a red dot at the top of the candle.
Bullish Engulfing:
A Bullish Engulfing pattern occurs when:
The current candle’s low is below the previous candle’s low.
The current candle’s close is above the previous candle’s high.
This pattern signals a potential uptrend and is marked by a green dot at the top of the candle.
Inside Bar:
An Inside Bar pattern occurs when:
The current candle’s high is lower than the previous candle’s high.
The current candle’s low is higher than the previous candle’s low.
This pattern indicates a period of consolidation and possible breakout or breakdown, and is marked by a blue dot at the top of the candle.
New Week Open Gap (NWOG) Condition:
The patterns (Bearish Engulfing, Bullish Engulfing, and Inside Bar) are only considered valid if the candles occur within or touch the range of the New Week Open Gap (NWOG).
The NWOG is defined as the gap between:
The Friday close (previous week’s closing price).
The Monday open (current week’s opening price).
If the signal patterns (Bullish Engulfing, Bearish Engulfing, Inside Bar) align with the NWOG, a tiny dot is plotted at the top of the candle where the pattern occurs.
Visual Representation:
Red Dots: Indicate Bearish Engulfing signals that occur at the NWOG.
Green Dots: Indicate Bullish Engulfing signals that occur at the NWOG.
Blue Dots: Indicate Inside Bar Breakdown signals that occur at the NWOG.
Each dot is plotted as a tiny circle at the top of the candle, ensuring the chart remains minimal and clean without cluttering the view.
Key Features:
Minimal and Clean: The indicator only plots tiny dots at the top of the candles for the detected signals. No additional lines, labels, or other visual elements clutter the chart.
Customizable Signal Colors: Users can customize the colors for each signal type (Bearish Engulfing, Bullish Engulfing, and Inside Bar).
Alerts: Alerts are included for all detected patterns (Bullish Engulfing, Bearish Engulfing, Inside Bar) at the NWOG.
Alerts:
Bearish Engulfing Detected: Alerts when a Bearish Engulfing pattern occurs at the NWOG.
Bullish Engulfing Detected: Alerts when a Bullish Engulfing pattern occurs at the NWOG.
Inside Bar Breakdown Detected: Alerts when an Inside Bar Breakdown pattern occurs at the NWOG.
This indicator is helpful for traders who want to focus on clean, easy-to-spot patterns and trade based on market conditions near the New Week Open Gap (NWOG). The tiny dots ensure that only relevant signals are displayed without any distractions.
Pin Bar, Inside Bars and Engulfing Candle SticksIntroducing the Candlestick Pattern Plotter, a comprehensive TradingView indicator designed to elevate your technical analysis by automatically identifying and plotting three essential candlestick patterns – Pin Bars, Engulfing Candles, and Inside Bars. This powerful tool equips traders with a holistic view of market dynamics, enabling them to make informed decisions based on key price action signals.
Pin Bar Identification:
The indicator adeptly recognizes Pin Bars, a pivotal candlestick pattern characterized by a small body and a long wick in the opposite direction of the prevailing trend.
Pin Bars are instrumental in signaling potential trend reversals or continuations, providing crucial insights for strategic decision-making.
Engulfing Candle Detection:
Identify Engulfing Candles effortlessly with this indicator, showcasing instances where the body of one candle fully engulfs the body of the previous candle.
Engulfing Candles serve as powerful reversal indicators, offering valuable insights into shifts in market sentiment and potential trend reversals.
Inside Bar Recognition:
The indicator goes beyond traditional patterns by identifying Inside Bars, where the range of a candle is entirely within the previous candle's high and low.
Inside Bars often signify consolidation or a period of indecision in the market, providing traders with crucial information about potential breakouts or reversals.
Seamlessly integrate the Candlestick Pattern Plotter into your TradingView chart, enjoying a user-friendly interface for swift interpretation of candlestick patterns.
Toggle the display of Pin Bars, Engulfing Candles, and Inside Bars on and off with ease, allowing you to focus on the specific patterns most relevant to your analysis.
Real-Time Alerts:
Stay ahead of the market with real-time alerts that notify you when a Pin Bar, Engulfing Candle, or Inside Bar is identified on the chart.
Timely notifications keep you informed, ensuring you never miss a potential trading opportunity based on these crucial candlestick patterns.
Enhance your trading strategy with the precision of Pin Bars, Engulfing Candles, and Inside Bars, seamlessly integrated into your analysis through the Candlestick Pattern Plotter. Gain a comprehensive understanding of market movements and make well-informed decisions in real-time.
NakInvest - Inside Bar no Eden dos Traders (Stormer)📌 NakInvest - Inside Bar Detector (Éden dos Traders Enhanced Detection)
This indicator is designed to identify Inside Bars that occur during strong trending conditions, following the popular Éden dos Traders strategy by Stormer, famous brazilian trader. It uses the relationship between two EMAs (Short EMA & Long EMA) to determine whether the market is in a bullish or bearish trend, and highlights Inside Bars that meet specific criteria.
⸻
🔍 What This Indicator Does:
1. EMA-Based Trend Detection:
• Identifies Uptrends when the Short EMA is above the Long EMA.
• Identifies Downtrends when the Short EMA is below the Long EMA.
2. Inside Bar Detection:
• An Inside Bar is detected when the entire candle (body & wicks) is contained within the body of the previous candle.
• This pattern suggests consolidation and potential breakouts, especially when found within a strong trend.
3. Debug Mode for Transparency:
• When enabled, provides visual markers to indicate when the conditions for trend detection and Inside Bars are met.
• Helps traders understand why certain candles are detected and others are not.
⸻
📈 How to Use:
• Apply this indicator to any market and timeframe, but it’s most effective on higher timeframes (H1, H4, Daily).
• Ideal for traders looking for trend-continuation setups or reversal signals after periods of consolidation.
• Combine this indicator with other tools (e.g., Volume Analysis, Price Action Patterns) for greater accuracy.
⸻
⚙️ Indicator Settings:
1. Short EMA Length: The period for the fast-moving average (default: 8).
2. Long EMA Length: The period for the slow-moving average (default: 80).
3. Enable Debug Mode: Toggle visibility of debug markers to better understand condition logic.
⸻
📢 Alerts:
This script includes labels for:
• IB (Up): Inside Bar detected during an uptrend.
• IB (Down): Inside Bar detected during a downtrend.
⸻
📌 Disclaimer:
This indicator is intended for educational purposes only and is not financial advice. Always perform your own research and consult with a financial professional before making any trading decisions.
Three-Bar Inside Bar PaternAuthor: Johnan Prathap TASC March 2011
The typical inside bar two-bar view indicates minimal activity in a market. It is defined as a bar (or series of bars) that is completely within the range of the preceding bar; that is, it has a higher low and lower high than the bar immediately before it. Some traders consider a bar an inside bar if the high and low are equal to the previous bar or where there are several consecutive bars within the range of a previous bar.
Many analysts tend to view inside bars as an indication of declining market activity, or possibly a prelude to a large movement in either direction.
Bollinger Bands Inside barthe indicator name is Bollinger Band inside bar because it uses Bollinger Band and inside bar to take counter-trend positions in the market. whenever this pattern is formed then it can be used to take an entry into the market. the candlestick pattern recognizes 3 candle candlestick. first the mother bar i.e. the medium to the big size candle that intersects with the upper and the lower levels of the Bollinger band. the second candle should be an inside bar i.e. the high and low of the current bar should be less than the previous bar. finally, the last bar who's low should be less than the mother bar in case of the mother bar is at upper levels and if the mother bar is at lower levels then the candle's high should be more than the mother bar. the stop-loss should be high and low of the mother bar respectively. entry should be taken as soon as the low and high of the mother bar is taken out respectively. target should be 1:1 or 20 sma or lower Bollinger band in case the entry is taken from the top. works best if there is a trend and the market takes a pullback and this pattern is formed.
Live Inside Bar ColoringDescription
This script colors the current bar if it is inside the prior bar's high and low. Inside is defined as ≤ the high, and ≥ the low of the prior bar.
Utility
This gives a quick visual indication if the current bar is inside. This can indicate a choppier market. By definition, an inside bar is consolidating and not trending.
Function
Colors distinguish if the current price is above the opening price of the inside bar on a given timeframe. If you do not want to distinguish this, you can set both colors the same.
4 SMAs & Inside Bar (Colored)SMAs and Inside Bar strategy is very common as far as Technical analysis is concern. This script is a combination of 10-20-50-200 SMA and Inside Bar Candle Identification.
SMA Crossover:
4 SMAs (10, 20, 50 & 200) are combined here in one single indicator.
Crossover signal for Buy as "B" will be shown in the chart if SMA 10 is above 20 & 50 and SMA 20 is above 50.
Crossover signal for Sell as "S" will be shown in the chart if SMA 10 is below 20 & 50 and SMA 20 is below 50.
Inside Bar Identification:
This is to simply identify if there is a inside bar candle. The logic is very simple - High of the previous candle should be higher than current candle and low of the previous candle should be lower than the current candle.
If the previous candle is red, the following candle would be Yellow - which may give some bullish view in most of the cases but not always
If the previous candle is green, the following candle would be Black - which may give some bearish view in most of the cases but not always
Be Cautious when you see alternate yellow and black candle, it may give move on the both side
Please comment if you have any interesting ideas to improve this indicator.
Double Inside BarThis indicator provides a statistical report on the Double Inside Bar pattern. Based on the chart's bars, it can improve your edge on any markets and timeframes.
A Double Inside Bar refers to a contraction where price is consolidating while making consecutive lower highs and a higher lows.
The report is broken down into the different following sections: retracement , invalidation , continuation and breakout .
Each of them provides hindsights about the pattern price behavior and brings answers to questions such as: How often does price retrace? Does the pattern often invalidate? If it doesn't then does it break in the pattern's direction? How far does price go? What are the odds of a false breakout?
While there are many ways to make use of the metrics, my favorite use case is for developing directional and daily/weekly biases while refining my stop/entry/target positioning.
Miscellaneous
Highlights patterns on the chart;
Supports bar to bar analysis and replay functionalities;
Provides counts on the `Data Window` panel for debugging or computing your own metrics;
Settings
Show/hide for toggling different sections;
Report coloring and offset on the x axis;
Gaining Access
This is a private indicator and is available only for my Patrons. You can reach my Patreon page below from the link in my signature.
Candlestick Trading Bible pack: Engulfing + Pin bar + Inside barHelpful indicator that overlays the price with colors and arrows for understanding easily engulfing, pin bar and inside bar formations as seen in the book "The Candlestick Trading Bible" IG of writer: @price.action.strategies
How it works:
-Bullish engulfing: yellow
-Bearish engulfing: fuchsia
-Pin bars: up/down green/red arrows
-Inside bars: white circle above the inside candle
----------
I do not have any relationship with the writer or the book mentioned above. The explanations in it may differ from what is drawn on the graph.
RSI Candle Bar with Inside BarThis Indicator is RSI convert into Candle Bar with Inside Bar Candle
How to use :
Do Some setting
RSI Overbought - 60 It will shows in Blue Candle Bar means Bullish Signal
RSI Oversold - 40 It will shows in Yellow Candle Bar means Bearish Signal
Inside Bar Candle -
Gray or Black Bar --- Which is Shows that Trend may be Reverse or Big Move may be come.
Colors you can be change according to your convenience.
7 Inside Bars with Full Range Box (15m)his indicator detects periods of extreme price compression by identifying 7 consecutive inside bars on the 15-minute timeframe. An inside bar is a candle that forms within the high and low of the previous candle. When 7 such bars occur in a row, it's a strong signal of market indecision and potential breakout.
What it does:
Detects if the last 7 candles are all inside the range of the 8th candle (the outer bar).
Highlights the consolidation zone by drawing a fuchsia-colored box from the high to low of the outer candle.
Marks the final candle in the sequence with a small "7IN" label below the bar.
This setup can help traders spot high-probability breakout zones and prepare for potential volatility after extended consolidation.
🔍 Best Used For:
Breakout trading
Volatility expansion strategies
Trade setups following tight consolidation
CRT Trades (turtle soup, A-M-D ranges with inside bars)CRT means Candle Range Theory. Every single candle is a range, on every single timeframe. Ranges may be either manipulated - turtle souped or broken - engulfed - closed above/below and retested.
CRT is usually presented as a 3 candle model. However it may consist of more than 3 candles due to inside bars. Inside bar is the candle where high is not higher then previous candle high and low is not lower then previous candle low.
First candle represents accumulation (may consist of more candles - inside bars), second candle represents manipulation (turtle soup) and third candle represents distribution. The abbreviation for that is A-M-D.
In accumulation the range with specific high and low is created. In manipulation (turtle soup) the high or low of the range is manipulated - liquidity taken and price should usually reverse back to the range. In distribution price is reversing back to the opposite side of the range. On higher timeframe it looks like manipulation candle wick is higher/lower than previous range high/low (may consist of 1 or more inside bar candles) but the body must not close above/below previous range high/low. Otherwise it is not manipulation (turtle soup) most likely and price should continue in direction of the candle close. Distribution candle should touch opposite side of range and it is mostly heavy and fast candle.
CRT model can be found on higher timeframe (e.g. 4h) and entries can be found on lower timeframe (e.g. 15m). You always use only lower timeframe on your chart because CRT model on the higher timeframe is shown on the lower one and also you can plan entries on the lower timeframe. You are able to change CRT model higher timeframe in the indicator settings.
There are two types of entries:
simple - wait for manipulation candle to close on higher timeframe (HTF) and then enter on lower timeframe (LTF) above open of the distribution candle on HTF if it is short or on LTF below open of the distribution candle on HTF if it is long. These entries can be done by market order.
advanced - wait for the break of previous range high/low and enter by limit order when price reverses back to the range and retraces to the order block or fair value gap created by the breaker candle.
Stop loss can be placed above/below of the top/bottom created by manipulation candle. First take profit should be placed in 1/2 of the accumulation range and second take profit should be placed at the opposite range of accumulation range.
It is possible to filter only particular accumulation (range) and manipulation (turtle soup) candles depending also on timezone set in the settings. For example on 4h CRT model if you fill input "indices" for section "range" like 1,2 and input "indices" for section "turtle soup" like 3,4 then you are awaiting the range to form during asia session and manipulation during london session if the timezone is somewhere around "UTC+2".
Dotted lines represent turtle soup of previous range and solid lines represent engulfing candle of the breaker candle on lower timeframe. When the engulfing is closed you can look for entries either by market order after closing or by limit order when the price retraces to order block (created by breaker candle) or fair value gap (created by engulfing).
Recommendations for combining lower (entries) and higher (crt model) timeframes:
1D CRT model => 1h entries,
4h CRT model => 15m entries,
1h CRT model => 5m entries,
15m CRT model => 1m entries.
Bolingger Bands + Inside Bar BoxesBollinger Bands are a technical analysis tool consist of three bands—an upper, middle, and lower band—that are used to spotlight extreme short-term prices in a security. The upper band represents overbought territory, while the lower band can show you when a security is oversold. Most technicians will use Bollinger Bands® in conjunction with other analysis tools to get a better picture of the current state of a market or security.
An Inside Bar is a two-bar price action trading strategy in which the inside bar is smaller and within the high to low range of the prior bar. Inside bars show a period of consolidation in a market. They often form following a strong move in a market, as it ‘pauses’ to consolidate before making its next move. However, they can also form at market turning points and act as reversal signals from key support or resistance levels.
NR4 / NR7 + Inside BarIndicator Script for identifying Narrow Range 4 / 7 + Inside Bar
It also helps to check whether NR4 / NR7 breakout trading has been profitable or not in the past in a particular instrument.
It has helped me to select profitable scripts and avoid losing ones. Can be used for anytime frame.
SIGNAL
NR4 == Narrowest range of 4 periods + signal day is an inside bar
NR4 & NR7 == Narrowest range of 7 periods + signal day is an inside bar
SIGNAL "PROFIT" -
Prior day was NR4 / NR7 and next day price broke out of prior day range in 1 direction and closed in the direction of breakout away from breakout price, resulting in a profit trade.
SIGNAL "LOSS" -
Prior day was NR4 / NR7 and next day price broke out of prior day range and returned back to close inside the narrow zone OR went in opposite direction after the initial breakout, resulting in a loss trade.
Screener Inside BarsBased on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for inside bars within 40 symbols. By default some symbols are entered in the indicator already. They cannot be left empty. If left empty, an error comes up and the script doesn't load.
By changing the timeframe, inside bars can be looked under many timeframes like Monthly, Weekly, Dialy, Intraday, etc.
First label is for all of the symbols the indicator is scanning.
Second label is the result of the scan. Text is bigger than in this label than the first label to differentiate from the first label and for ease of use.
Please DM me on how to access this indicator.
Double Inside Bar FinderHighlights in blue when an inside bar follows an inside bar. Double inside bars (when used on the daily timeframe) are a way of easily finding equilibrium patterns (i.e. pennant shaped price action) on lower time frames. There is usually a strong move in whatever direction these patterns break, so good to have alerts set up for your favourite markets.
Double Inside bar with drift - by Yasser Mahmoud (YWMAAAWORLD)This is a new indicator that detects double inside bars with the condition that their base bar is either shifted above or below (i.e. both base bar's high and low are higher or lower than the mother bar's high and low respectively)
it plots lines at the top and bottom of the mother bar and 2 TPs above and 2 TPs below.
Bar Overlap - Sort of inside barsCalculates the amount the current bar overlaps with the previous bar as a percentage. 1 = totally overlapping (inside bar) , 0 = no overlap at all
EMA Cross 9,21,50,80,200 + Inside barEste script faz o seguinte:
1. Plota 5 EMAs (9,21,50,80,200)
2. Faz crossover da 9x21 e 21x50
3. Colore inside bar em amarelo (é possível ainda colorir diferentemente bullish e bearish inside bar)
