Inside Outside Pin Bar Colors
Inside Outside Pin Bar Colors — Indicator Description
Inside Outside Pin Bar Colors is a clean, practical price‑action tool designed to highlight three of the most widely used bar‑based patterns: Inside Bars, Outside Bars, and Pin Bars.
If you trade structure, volatility compression, breakout behavior, or wick‑driven rejection signals, this script gives you a fast, visual way to spot them without cluttering your chart.
What It Detects
• Inside Bars
A bar fully contained within the previous bar’s high–low range. Useful for identifying contraction, balance, and breakout setups.
• Outside Bars
A bar that takes out both the prior high and low. The script lets you choose the lookback window (classic = 1 bar) and colors bullish vs bearish outside bars differently.
• Pin Bars
A bar that pokes beyond recent extremes and snaps back inside the prior bar’s range, with strict wick‑to‑body and wick‑to‑wick ratios.
You can customize:
Lookback window for the “poke”
Wick‑to‑body multiplier
Opposite‑wick multiplier
Optional volume filter (volume must exceed previous bar)
Smart Coloring Logic
Each bar can only have one color. You choose whether Pin Bar colors override Outside Bar colors or vice‑versa. Inside Bars are lowest priority and only color when no higher‑priority pattern is present.
Customization Options
Toggle each pattern type on/off
Independent color selection for all pattern categories
Adjustable pin‑bar rules
Adjustable outside‑bar lookback
Optional tiny triangle markers for pin bars
Full alert support for all pattern types
Alerts Included
Inside Bar
Outside Bar (bullish / bearish)
Bullish Pin Bar
Bearish Pin Bar
Why Traders Use These Patterns
Inside Bars highlight compression before expansion
Outside Bars reveal volatility spikes and failed breakouts
Pin Bars show rejection, absorption, and short‑term sentiment shifts
This indicator brings all three together in a single, lightweight, easy‑to‑read visual tool. Whether you trade breakouts, reversals, or simply want clearer structure recognition, it helps you see the story of each bar at a glance.
Inside Outside Pin Bar Colors is a clean, practical price‑action tool designed to highlight three of the most widely used bar‑based patterns: Inside Bars, Outside Bars, and Pin Bars.
If you trade structure, volatility compression, breakout behavior, or wick‑driven rejection signals, this script gives you a fast, visual way to spot them without cluttering your chart.
What It Detects
• Inside Bars
A bar fully contained within the previous bar’s high–low range. Useful for identifying contraction, balance, and breakout setups.
• Outside Bars
A bar that takes out both the prior high and low. The script lets you choose the lookback window (classic = 1 bar) and colors bullish vs bearish outside bars differently.
• Pin Bars
A bar that pokes beyond recent extremes and snaps back inside the prior bar’s range, with strict wick‑to‑body and wick‑to‑wick ratios.
You can customize:
Lookback window for the “poke”
Wick‑to‑body multiplier
Opposite‑wick multiplier
Optional volume filter (volume must exceed previous bar)
Smart Coloring Logic
Each bar can only have one color. You choose whether Pin Bar colors override Outside Bar colors or vice‑versa. Inside Bars are lowest priority and only color when no higher‑priority pattern is present.
Customization Options
Toggle each pattern type on/off
Independent color selection for all pattern categories
Adjustable pin‑bar rules
Adjustable outside‑bar lookback
Optional tiny triangle markers for pin bars
Full alert support for all pattern types
Alerts Included
Inside Bar
Outside Bar (bullish / bearish)
Bullish Pin Bar
Bearish Pin Bar
Why Traders Use These Patterns
Inside Bars highlight compression before expansion
Outside Bars reveal volatility spikes and failed breakouts
Pin Bars show rejection, absorption, and short‑term sentiment shifts
This indicator brings all three together in a single, lightweight, easy‑to‑read visual tool. Whether you trade breakouts, reversals, or simply want clearer structure recognition, it helps you see the story of each bar at a glance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.