Inside Bars/Candles [CodeCraftedTrading]

1. Inputs:
- insideCandlesColor: Color of the inside bars or candles.
- highColor: Color of the horizontal line representing the high of the inside bar.
- lowColor: Color of the horizontal line representing the low of the inside bar.
- showHighLowLabel: Option to display labels for the high and low prices.
2. Logic:
- The script checks for the conditions of an inside bar:
- Pine Script®high < high[1] and low > low[1]
- If an inside bar is detected and is not already in the range:
* Stores the high and low prices of the previous bar.
* Records the parent bar index and sets the broken flag to false. - If the current bar's high exceeds the stored high or the low falls below the stored low, the broken flag is set to true.
- If the current bar is within the stored high and low range, it is considered in-range.
- The script then dynamically plots horizontal lines at the high and low prices of the parent bar until the inside bar is broken.
3. Visualization:
- The inside bars are colored based on the insideCandlesColor.
- Horizontal lines are drawn at the high and low prices of the parent bar within the inside bar.
- Optional labels display the rounded values of the high and low prices.
4. Usage:
- Apply the script to your chart.
- Adjust the input parameters according to your preferences.
- The indicator will highlight inside bars with colored bars and draw lines representing the high and low prices. Labels are optional.
5. Note:
- Inside bars are bars where the entire price range is within the high and low of the previous bar.
- The script uses historical bar information and visualizes the inside bars dynamically on the chart.
- Added precision up to 5 as it is required in forex symbols.
- Show History ranges
- Proper Inside range calculation
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Facebook: facebook.com/profile.php?id=61552202836996
YouTube: youtube.com/@codecraftedtrading
Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Facebook: facebook.com/profile.php?id=61552202836996
YouTube: youtube.com/@codecraftedtrading