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ROHIT M MWA INSIDE Bar

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Absolutely! Here's an **extremely detailed and professional description** you can use to publish this indicator on TradingView. It covers **concept, logic, features, use cases, and edge**, designed to impress both beginners and advanced traders:

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## 🔍 Inside Bar + Supertrend Breakout System with Dynamic Trade Box

This custom-built indicator combines two of the most powerful concepts in technical trading — **Inside Bar breakout patterns** and **Supertrend trend-following logic** — into one unified tool designed to deliver **precise, low-noise trade signals**.

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### 🧠 Core Logic

1. **Inside Bar Structure**
An Inside Bar is a candle that forms completely within the high–low range of the previous candle. It indicates price compression and potential breakout zones. This indicator identifies valid Inside Bars with a clear visual label.

2. **Supertrend Filter**
The Supertrend indicator is used to determine the prevailing trend direction. Instead of reacting to every breakout, this script filters setups by checking whether the breakout aligns with the **Supertrend direction**, increasing the reliability of entries.

3. **Smart Entry Level Detection**
Once an Inside Bar is formed and confirmed, the script dynamically plots the **entry level**:

* 📈 If Supertrend is **Bullish (Green)**: Entry is the **High of the main candle** (not the inside candle)
* 📉 If Supertrend is **Bearish (Red)**: Entry is the **Low of the main candle**

4. **Real Breakout Confirmation**
Signals are only generated **after price actually breaks the entry level**. This prevents premature or false signals and helps you trade only when momentum confirms your bias.

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### 💡 Key Features

#### ✅ Entry Logic

* Entry level is dynamically set based on **trend direction** and **main candle** (not inside bar candle)
* White line marks the exact breakout level on chart

#### ✅ Signal Labels

* Green “BUY” tag only appears **after** price breaks above the high of the main candle in an uptrend
* Red “SELL” tag only appears **after** price breaks below the low of the main candle in a downtrend
* No signal is shown until the breakout actually occurs

#### ✅ Supertrend Visualization

* Plots the **Supertrend line**
* Background shading gives you an at-a-glance view of trend conditions

#### ✅ Trade Information Box (Top-Right Corner)

Once a breakout occurs, a clean info box appears in the top-right corner of your chart showing:

* 📌 **ENTRY PRICE** — High or Low of the main candle (based on ST)
* 🎯 **TARGET 1** — Entry ± 50 points
* 🎯 **TARGET 2** — Entry ± 100 points
* 🎯 **TARGET 3** — Entry ± 150 points
* 🛑 **STOP LOSS** — Entry ∓ 50 points (risk defined)
* 🏷️ **STRIKE PRICE (ATM)** — Closest round number based on 50-point steps (ideal for options traders)

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### 🎯 Who Is This For?

This tool is perfect for:

* **Index Options Buyers (NIFTY/BankNIFTY)**
* **Scalpers & Intraday Traders**
* **Momentum & Price Action Traders**
* **Traders who prefer clean, high-conviction setups**
* **Anyone who wants to automate part of their discretionary strategy**

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### 📈 Edge of This Tool

* No repainting
* Combines price action structure with trend direction
* Entry and SL are rule-based — ideal for backtesting or semi-automation
* Visual and easy-to-follow — perfect for discretionary or checklist-based trading

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### ⚠️ Notes:

* This indicator is **non-repainting** — once signals appear, they remain fixed.
* It's designed for **intraday use**, but can be applied to higher timeframes with some adaptation.
* Works best on liquid instruments like **indices, futures, and large-cap stocks**.

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If you’d like, I can also give you a **shorter version** or **taglines** for social media or thumbnail usage (like “Breakouts + Trend Filter in One Powerful Tool!”). Let me know!

Penafian

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