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Inside Bar Ind/Alert with High/Low Markers

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This indicator identifies inside bar candles, a common price action pattern where the current candle's range is completely within the range of the previous candle.

✨ Enhancements in this version:

When an inside bar is detected, the script marks the high and low of the major candle (the candle immediately before the inside bar).

These high/low levels act as a temporary range to visualize market compression.

If price breaks above the high or below the low of the major candle, the marker disappears, signaling a potential breakout.

Green inside bars indicate bullish body; Red inside bars indicate bearish body.

📍 Visuals:

Inside bars are marked with colored bar highlights and triangle shapes.

The major candle's high/low are marked using gray cross shapes above/below the chart.

🔔 Alert Included:

An alert triggers when a new inside bar is detected.

This tool is especially useful for traders tracking consolidation and breakout patterns within price action.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.