Updated

Inside Bars (Multiple / Consecutive)

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Description

When an inside bar is found, the indicator remembers the high and low (= range) of the candle before the inside bar.
As long as price moves within the range, every bar is highlighted as an inside bar to the range.

Purpose

The indicator can assist when identifying valid pullbacks and buy-side liquidity (BSL) / sell-side liquidity (SSL).
Release Notes

  • Added a setting to expand the inside range when price "wicks through"
  • Added triangles to the chart for bullish and bearish inside range breakouts
  • Inside range is now visible on the chart

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.