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Insidebar Detector

The Inside bar indicator can detect where inside bars occur in the charts and will change the color of the candle based on user inputs.

Please note that the color can differ based on the current color of the candle due to supposition of the colors.  

Here are the characteristics of an inside bar pattern:

  1. High: The high of the bearish candle is lower than the high of the previous bullish candle.
  2. Low: The low of the bearish candle is higher than the low of the previous bullish candle.
  3. Body: The body of the bearish candle can be bullish or bearish, meaning it can be green or red. However, it is generally considered more significant if it is a bearish (red) candle.
  4. Close: The close of the bearish candle can be higher or lower than the close of the previous bullish candle, but it typically has a lower close.

Make sure to tick "Precise Time Scale" in your chart terminal. 

setting Terminal -> Options -> Chart -> "Precise time scale" 



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Version 1.1 2023.07.30
1. Made indicator plots more aesthetically pleasing.