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Inside Bar Detector

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Inside Bar & Internal Structure

A precise tool for identifying Inside Bars and tracking price range breakouts with internal market structure visualization.

🎯 What It Does

This indicator detects Inside Bars (consolidation patterns) and classifies how price breaks out of established ranges. It helps traders identify:
• Consolidation zones where price is coiling
• Directional breakouts (up or down)
• Liquidity sweeps where price tests both sides before committing to a direction

📊 Key Features

  • Inside Bar Detection - Automatically identifies when current bar's range is contained within the previous range
  • Range Visualization - Draws dashed rectangle boxes around Inside Bar sequences
  • Breakout Classification - Categorizes breaks as: Break High, Break Low, or Expansion
  • Sweep Detection - Labels bars that sweep both sides of the range before closing directionally
  • Internal Structure Lines - Connects swing highs and lows to visualize market structure
  • Statistics Panel - Real-time count of Inside Bars and breakout types


🔧 How It Works

1. Price Range Tracking: The indicator maintains a dynamic price range (high/low) that updates on each breakout
2. Inside Bar Logic: A bar is classified as Inside Bar when its high ≤ range high AND low ≥ range low
3. Breakout Detection:
Break High: Price closes above the range (bullish)
Break Low: Price closes below the range (bearish)
Sweep: Price tests both sides but closes directionally (labeled as Sweep↑ or Sweep↓)
Expansion: Price breaks both sides but closes in the middle (neutral)

⚙️ Settings

  1. Display Settings
    - Show Inside Bar Box: Toggle rectangle visualization
    - Show Statistics: Display count panel
    - Show Sweep Labels: Mark liquidity sweep events

  2. Internal Structure Settings
    - Show Internal Structure Lines: Connect swing points
    - Line Color & Width: Customize appearance

  3. Color Settings
    - Inside Bar Box Color & Transparency


📈 How To Use

Trend Continuation: Look for Inside Bars forming after a strong move, then trade the breakout in the trend direction
Reversal Setups: Watch for sweep patterns (Sweep↑/Sweep↓) at key levels - these often indicate liquidity grabs before reversals
Structure Analysis: Use internal structure lines to identify the current market bias

⚠️ Alerts

The indicator includes 4 alert conditions:
• Inside Bar Detected
• Break High (includes bullish sweeps)
• Break Low (includes bearish sweeps)
• Dual Expansion (neutral)

📋 Notes

• Works on all timeframes and instruments
• Consecutive Inside Bars are merged into a single box for cleaner visualization
• Internal structure lines ignore Inside Bars to reduce noise

免責事項

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