Odin's Inside Bar Indicator

A simple indicator that identifies "inside bars" by painting them blue.

An inside candle is a candle that has a lower high and higher low than the previous candle.

I like to use it on the daily chart to find areas of price compression that lead to a breakout.

The price then often trends in the direction of the breakout.

Especially powerful when combined with other market structure analysis.

Cheers.