Insidebarsetup

Inside Bar Breakout ( candlestick pattern).📌 What Is This Indicator? BOIB Pro identifies a very strict form of inside bar: ✅ The inside bar candle’s entire range (body + wicks) must be inside the BODY of the previous candle (mother candle). ❌ If even a single wick is outside the mother body, the setup is rejected. This filters out weak and noisy inside bars and focuses only on true compression candles. ⸻ 📐 Pattern Rules (Strict) 1️⃣ Mother Candle • The candle immediately before the inside bar 2️⃣ Body-Only Inside Bar (BOIB) A valid BOIB must satisfy: • Inside bar high ≤ mother candle body high • Inside bar low ≥ mother candle body low ⚠️ Normal inside bars (inside wicks only) are ignored. ⸻ ⏱️ Breakout Window Logic After a valid BOIB forms: • The indicator waits for the next 1 to 5 candles (user-configurable) • Entry is triggered only if price CLOSES outside the BOIB range ✅ Long Signal • Candle closes above BOIB high ✅ Short Signal • Candle closes below BOIB low If no breakout occurs within the window → setup expires automatically ⸻ 🎯 Entry, Stop Loss & Take Profit Logic Once a valid breakout/breakdown occurs, the indicator automatically draws a professional trade template: Entry • At the close of the breakout candle Stop Loss • Long → below BOIB low • Short → above BOIB high • Optional buffer: • ATR-based • Percentage-based • Or none Take Profits • TP1: Risk-Reward based (default 1R) • TP2: Extended target (default 2R) All levels are clearly visualized using: • Horizontal price lines • Risk and reward boxes • Informational labels ⸻ 📊 Best Use Cases • Crypto (BTC, ETH, major alts) • Timeframes: • Scalping: 5m • Day trading: 15m / 30m • Works best when combined with: • Market structure • Trend bias • Support / resistance ⸻ ⚠️ Important Notes • This is NOT an auto-trading system • Signals should always be used with: • Proper risk management • Market context • Inside bars in sideways or low-volume markets may fail ⸻ 📚 Educational Purpose Disclaimer This indicator is provided for educational and analytical purposes only. It does not constitute financial advice. Trading involves risk, and past behavior does not guarantee future results.

Indicator

by Thebitcoin37

Inside Bar Multi-Currency Scanner Description: This script is an Inside Bar Scanner that allows you to monitor multiple currency pairs across different timeframes (15 minutes, 1 hour, and 4 hours). Its main features include: Inside Bar Detection: An Inside Bar is a candlestick where both the High and Low are within the range of the previous candle. The script automatically identifies Inside Bars and displays the results in a table. Customizable Timeframes: Supports scanning in 15-minute, 1-hour, and 4-hour timeframes. Results are displayed for each timeframe separately. Multi-Currency Support: Scan up to 10 currency pairs simultaneously. Currency pairs are customizable and selected by the user. Candle Coloring: Inside Bars are highlighted with colors: Semi-transparent green for bullish Inside Bars. Semi-transparent red for bearish Inside Bars. Colors are customizable and selected by the user. Alerts: Custom alerts for detecting Inside Bars in selected timeframes. Receive notifications when an Inside Bar is detected in any of the selected currency pairs. How to Use: Select your desired currency pairs from the Scanner Currencies section. Enable your preferred timeframes in the Scanner Timeframe section. The script will display a table of results with Inside Bar information for each currency pair and timeframe. Optionally, customize the candle colors in the Scanner InsideBar Color section. Additional Explanation for Timeframe Status: In each selected timeframe, there are three possible states for the candles: Previous Candle is an Inside Bar: Displayed with a green background and the symbol ✔. Previous Candle is NOT an Inside Bar: Displayed with a red background and the symbol ✘. Current Candle is an Inside Bar: Displayed with an orange background and the symbol ⌕. These visual indicators provide a clear and quick overview of the Inside Bar status for each selected currency pair and timeframe.

Indicator

by foolady

Inside Bars/Candles [CodeCraftedTrading]This Pine Script indicator is designed to identify and visually represent inside bars or candles. Here's a breakdown of its features and functionality: 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: high < high and low > low 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.

Indicator

by sugatmankar

Simple STRAT Tool by nnam What this Indicator Does This indicator is a very simple tool created specifically for experienced Straters. It was created for those Straters who fully understand the 1-2-3 Strat Scenarios, are in need of an easy to use tool, and do not want or need a lot of messy markings on their chart. The indicator simply allows the user to color code the Strat 1, 2 ,3 (Inside /Outside /Up / Down) Bars as desired and by default extends lines to the right of the chart from the Highs and Lows of the previous 2 Bars giving the user a simple reference for Strat scenario structure breaks. As shown above, the bars are color coded, but the original bar color is maintained via the border and wick. If a bar is an Outside Bar or an Inside Bar, it is still easy to identify whether or not the bar was a Bullish or Bearish 1 or 3. The same goes for 2UP and 2Down Bars - It is easy to identify Bullish or Bearish UP or DOWN Bars. Optionally, as show in the screenshot below, the user can extend the lines in both directions to get an "at a glance" better understanding of where price is currently vs previous support and resistance areas. For Straters that prefer to trade only INSIDE BAR BREAKOUTS there is an optional input setting labeled "Trade Inside Bars ONLY". This setting turns OFF the lines that extend from the 2nd previous bar back and only displays and extend lines from the previous bar IF and ONLY IF the current bar is an INSIDE (one) bar. . The User Input settings allow for the following customizations: 1. Custom Outside Bar Color 2. Custom Inside Bar Color 3. Custom 2 Up Bar Color 4. Custom 2 Down Bar Color 5. Turn ON or OFF color coded bars 6. Trade only INSIDE Bar Breakouts 7. Extend Lines Both Directions 8. Hide all Lines The customizable settings above allow the user to hide all lines and turn OFF color coding without having to fully remove the indicator from the chart. This is convenient when the user has another indicator that uses color coded bars or the lines conflict with another indicator and they need to be temporarily disabled. If you have any questions regarding this indicator please let me know. If you have any suggestions for minor tweaks to the indicator do not hesitate to ask for them. I hope you enjoy this indicator and get some usefulness from it... HAPPY TRADING!!

Indicator

by nnamdert

Hikkake Pattern Lifted description from web: Hikkake means to trap, trick, or ensnare. Primarily, this price pattern seeks to identify inside bar breakouts and profit from their failures. An inside bar is a price bar that is entirely within the range of the preceding price bar. Inside bars are typical on price charts of most timeframes. While you’ll often find inside bars in congested markets, they also offer a low-risk entry point for price action traders. The contracted range of an inside bar offers a natural tight stop-loss. Hence, inside bar breakouts seem attractive. However, if you are patient and focus on identifying false breakouts, you might be able to find more reliable trading setups in the form of Hikkakes. In a nutshell, the Hikkake pattern offers a systematic approach to trading false inside bar breakouts. As a filter I incorporated VWAP into the code to only trigger Bullish / Bearish signals when price is Above/Below VWAP respectively. The ATR is used to create a Stop buffer (red cross) for the Entry signal ( green dot ). The R1 and R2 (orange squares) are two possible profit targets that are customizable to different Risk multiples based upon the difference between Entry and Stop.

Indicator

by norok