inside bars
auto-detects inside bar patterns and classifies them as bullish or bearish, signaling potential breakout setups ahead.
information
inside bars|edgeful.com
what it does
this indicator identifies inside bar patterns - bars where the high is lower than the previous bar's high AND the low is higher than the previous bar's low. these consolidation patterns often precede breakout moves.
inside bars are classified as bullish (green, close >= open) or bearish (red, close < open). the bar is colored and a triangle marker indicates the pattern type. an alert condition fires when any inside bar is detected.
key features
automatic inside bar detection
classification as bullish or bearish
bar coloring based on direction
triangle shape markers
alert condition for pattern detection
explainer chart
inside bars|edgeful.com
