Inside Bar

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Posts

09/12/2020 at 8:50 AM #143992 quote

gfx

Participant

Average

Hi all,

I am looking for an easy way to identify on the price chart the inside bar configuration.

In other words, when the latest bar is inside the previous, I would like a short line to be drawn 1 tick above and another on tick below both bars.

Has someone already coded such an indicator ?

Thks for helping.

gfx

09/12/2020 at 9:12 AM #143998 quote

JC_Bywan

Moderator

Master

Topic moved from french forum to english forum, please make sure before posting a message it is in sync with the forum rules in the big yellow box below (in this particular case, the 3rd one: using same language as chosen forum), thank you.

09/12/2020 at 10:37 AM #144014 quote

robertogozzi

Moderator

Legend

Not tested:

InsideBAR = range < range[1] AND low >= low[1] AND high <= high[1]
IF InsideBAR THEN
   DrawSegment(Barindex[1],high,BarIndex,high)
   DrawSegment(Barindex[1],low ,BarIndex,low)
ENDIF
RETURN

09/15/2020 at 2:47 PM #144349 quote

gfx

Participant

Average

Thks. I ended up with the following. Hope it helps any other IB trader.

// ==========================================
// 'Inside Bar' Display on screen 
// Version 1.0 - 20200913 - IB
// gfx2trade
// ==========================================

// ==================================================================================
// Further ideas to code 
// ==================================================================================

// n/a

// ==================================================================================
// Definition && Affectation
// ==================================================================================

IBG = averagetruerange[14](close)*0.2

IBU = open[1]<close[1] and high[0]<high[1] and low[0]>low[1] 
IBD = open[1]>close[1] and high[0]<high[1] and low[0]>low[1]

// ==================================================================================
// Calculs
// ==================================================================================

// ----------------------------------------------------------------------------------
// Inside Bar 
// ----------------------------------------------------------------------------------

if IBU then
    DRAWSEGMENT(barindex-1,high[1]+IBG,barindex,high[1]+IBG) coloured(255,153,0)
    DRAWSEGMENT(barindex-1,low[1]-IBG,barindex,low[1]-IBG) coloured(255,255,0)
endif

if IBD then
    DRAWSEGMENT(barindex-1,high[1]+IBG,barindex,high[1]+IBG) coloured(255,153,0)
    DRAWSEGMENT(barindex-1,low[1]-IBG,barindex,low[1]-IBG) coloured(255,255,0)
endif

RETURN

09/12/2023 at 4:26 PM #220881 quote

bernardmorel

Participant

New

Good evening Thank you for your response and your collaboration I copied the codes and included them in the indicators But they did not work and no results on the graph I must have done something wrong but I have already done it this way and it worked J For the moment I have the out side candle indicator and it helps me a lot. Kind regards

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