OPEN-SOURCE SCRIPT

Odin's Inside Bar Indicator

6 310
A simple indicator that identifies "inside bars" by painting them blue.

An inside candle is a candle that has a lower high and higher low than the previous candle.

I like to use it on the daily chart to find areas of price compression that lead to a breakout.

The price then often trends in the direction of the breakout.

Especially powerful when combined with other market structure analysis.

Cheers.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.