the inside bars report on edgeful analyzes price action where the current day opens within the previous day's high-low range.

categorizes each qualifying day based on whether it stayed within the previous day's range or broke out, and tracks statistics for touched highs, touched lows, and complete breakouts.

this is one of the 150+ reports available on the edgeful platform. here's how it works, what the data shows, and how traders use it.

table of contents

• what the inside bars report measures
• how the calculation works
• available subreports
• how traders use inside bars data
• combining inside bars with other reports
• key takeaways

what the inside bars report measures

Analyzes price action where the current day opens within the previous day's high-low range.

Categorizes each qualifying day based on whether it stayed within the previous day's range or broke out,

and tracks statistics for touched highs, touched lows, and complete breakouts.

the report is available for futures, stocks, ETFs, forex, and crypto. you can filter by ticker, session (NY, London, Asian, full globex, or custom), and lookback period (1 month to 5+ years).

how the calculation works

the inside bars report identifies days where price opens within the previous day's high-to-low range and tracks what happens next.

• the report identifies qualifying inside bar days where the open falls between yesterday's high and yesterday's low
• it then tracks whether price breaks above yesterday's high, below yesterday's low, or both during the session
• days where price stays contained within yesterday's range are tracked separately
• each qualifying day is classified by its breakout direction and whether the break held
• percentages show how often inside bar setups lead to breakouts in each direction

available subreports

the inside bars report has 3 subreports for deeper analysis:

by breakout. analyzes price action patterns where current day opens within previous day's range, tracking whether price breaks out above or below previous day's high/low boundaries or stays contained within the range. Calculates breakout statistics and categorizes each qualifying day as either staying within yesterday's range or breaking out of it.

by open. analyzes days where price opens within the previous day's high-low range, categorizing them by whether the open is above or below the previous day's midpoint. Tracks breakout behavior including whether the current day breaks the previous day's high, low, both, or stays contained within the previous day's range.

by weekday. analyzes trading days where the opening price falls within the previous day's high-low range, categorizing them by weekday.

how traders use inside bars data

• identifying consolidation patterns where price action contracts within previous day ranges
• setting up breakout trades when inside bars break above or below previous day boundaries
• risk management by understanding frequency of range expansion versus contraction
• entry timing based on inside bar breakout probability statistics
• position sizing adjustments based on historical inside bar behavior patterns

the data doesn't tell you to trade. the inside bars report tells you the historical performance of the setup in front of you. what you do with that information is your decision.

results require customization, time, and effort. the numbers change depending on your ticker, session, and lookback period. always check the data for your specific conditions.

combining inside bars with other reports

the inside bars report works best when combined with other edgeful reports for confluence:

• use the what's in play dashboard to see inside bars data alongside your other favorite reports in one view
• the screener lets you scan up to 49 tickers for inside bars setups across 4 reports simultaneously
• edgeful AI can analyze inside bars data alongside other reports and find patterns you'd never spot manually

key takeaways

• the edgeful inside bars report measures analyzes price action where the current day opens within the previous day's high-low range.
• available for futures, stocks, ETFs, forex, and crypto with full session, ticker, and date range filtering
• 3 subreports available: by breakout, by open, by weekday
• part of the 150+ reports included in the edgeful essential plan ($49/month or $39/month annual)
• works best when combined with other reports using what's in play, the screener, or edgeful AI

trading involves risk. past performance and historical data do not guarantee future results. the statistics referenced in this post are based on historical data and may not reflect future market conditions. always trade with proper risk management.