Inside Bar Indicator

Modified on Tue, 26 Sep 2023 at 05:36 PM

Inside Bar highlights series of bars whose bodies are within the range between the high and low of the first bar in each highlighted series. The Tolerance parameter allows you to set an acceptable tolerance of the candle's body from the high/low. 

The indicator view on the chart:


To add and configure this indicator, you need to open the Indicator Settings window.



The indicator has the following parameters:


Tolerance

Mode

  • Ticks - count the tolerance in ticks.

  • Absolute Price - count the tolerance in absolute price difference.

  • Percent - count the tolerance in percentage.

Value - the value of allowable tolerance of the candle's body from the high/low of the first bar in the highlighted group.


Visualization

Area color - color of the bar series highlighting.

It is recommended to also review other articles on this topic:

OUTSIDE BAR INDICATOR

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