Screener Inside BarsBased on the teachings of Rob Smith
1= Inside Candle
2= Goes past the previous candle's price up or down
3= Goes past the previous candle's price on both sides
Ability to change the timeframe and the symbols this indicator is scanning through in the input tab under settings of this indicator. Maximum symbols 40.
Looking for inside bars within 40 symbols. By default some symbols are entered in the indicator already. They cannot be left empty. If left empty, an error comes up and the script doesn't load.
By changing the timeframe, inside bars can be looked under many timeframes like Monthly, Weekly, Dialy, Intraday, etc.
First label is for all of the symbols the indicator is scanning.
Second label is the result of the scan. Text is bigger than in this label than the first label to differentiate from the first label and for ease of use.
Please DM me on how to access this indicator.
תוך-נר
Two Fractals TrendlinesThis study draws a trend line for the last two Bill Williams up-fractals and down-fractals.
Trend line break signals and alerts can optionally be added.
DC v0.1Hey traders!
This is a simple script to show some information about the candles on your screen.
Currently it shows:
- Pinbars
- Inside bars
- Bullish engulfing candles
- Bearish engulfing candles
Quick explanation about the settings:
- Wick to candle range ratio (default 0.7): Pinbar wick needs to be at least 70% of the candle range
- Part of wick that stands out to previous candle (default 0.3): Pinbar wick needs to end at least 30% above/below previous candle to stand out to that candle
- Engulfing candle body to range ratio (default 0.7): Engulfing candle needs to have at least 70% body to show strength
Let me know if you have suggestions, improvements or issues!
Hikkake PatternLifted description from web:
Hikkake means to trap, trick, or ensnare. Primarily, this price pattern seeks to identify inside bar breakouts and profit from their failures.
An inside bar is a price bar that is entirely within the range of the preceding price bar. Inside bars are typical on price charts of most timeframes.
While you’ll often find inside bars in congested markets, they also offer a low-risk entry point for price action traders. The contracted range of an inside bar offers a natural tight stop-loss.
Hence, inside bar breakouts seem attractive. However, if you are patient and focus on identifying false breakouts, you might be able to find more reliable trading setups in the form of Hikkakes.
In a nutshell, the Hikkake pattern offers a systematic approach to trading false inside bar breakouts.
As a filter I incorporated VWAP into the code to only trigger Bullish / Bearish signals when price is Above/Below VWAP respectively. The ATR is used to create a Stop buffer (red cross) for the Entry signal ( green dot ). The R1 and R2 (orange squares) are two possible profit targets that are customizable to different Risk multiples based upon the difference between Entry and Stop.
Inside Bar Momentum StrategyDescription for the strategy:
It's an inside bar momentum trade, looking for candlestick formations breakout and trading momentum with a short stop and target to 80% of the initial candle.
The entry is on a break of the original candle, stop loss is at 20% of the candle range (from the entry).
In case there's a new inside bar formation, all existing orders and trades are cancelled and new orders are placed for the new levels.
TGs The Strat Bull n Bear Engulf V1.2After accidentally violating house rules. I am republishing the script.
The script is based upon #TheStrat, which is Rob Smith's way of looking at price action.
It takes into account a candles ENTIRE range, wicks included.
So a Bullish candle (colored however you would like) when it closes will engulf the complete
range of the prior bar and indicate by painting the bar your color choice.
A Bearish will do the same.
In the Style menu, the first color will be the Bear color the second the Bull.
Any issues please let me know. Spread THE STRAT for all of mankind.
TradewithPuneet: Pro-PatternsThe Pro-Patterns strategy is designed to trade classic chart patterns. At present, it identifies the Ascending Triangle patterns and Weekly Inside Bars patterns and takes Long or Short entries, as the case may be.
Ascending Triangle patterns:
- The strategy identifies ascending triangle patterns ranging from 40 to 120 days.
- BUY signals are generated on the breakout of the horizontal resistance line. No SHORT signal is generated on the breakdown of the rising trend line.
- The importance is given to higher lows, instead of attempting to make a perfectly straight rising trend line. Hence, the drawing of the rising trend line is skipped.
- The strategy gives BUY signals on continuation as well as reversal patterns.
- Users can choose exit rules either on the breakdown of a certain number of days or based on ATR.
- The Ascending triangle patterns can be seen on Daily timeframes only.
Weekly Inside Bars
- The strategy identifies inside bars on weekly charts with three candles. This means, that Weekly Inside Bars pattern is said to be formed when the current week's candle is inside the previous week and the previous week's candle is inside the week prior to it.
- A BUY or SHORT signal is generated next week on breakout or breakdown of high or low of third week’s candle.
- The importance is given to a decrease in volume on second & third weeks’ candles.
- The strategy gives BUY or SHORT signals on continuation as well as reversal patterns. However, users can choose to see trading signals on continuation patterns only.
- Users can choose exit rule on breakdown or breakout of a certain number of weeks in case of BUY & SHORT signals respectively.
- The Weekly Inside Bars patterns can be seen on Weekly timeframes only.
The strategy guides you the price level at which to BUY / SHORT and EXIT. It is intended for short to medium-term traders. It is important for the security to close beyond the trigger point for the signal to remain in force.
NR4 / NR7 + Inside BarIndicator Script for identifying Narrow Range 4 / 7 + Inside Bar
It also helps to check whether NR4 / NR7 breakout trading has been profitable or not in the past in a particular instrument.
It has helped me to select profitable scripts and avoid losing ones. Can be used for anytime frame.
SIGNAL
NR4 == Narrowest range of 4 periods + signal day is an inside bar
NR4 & NR7 == Narrowest range of 7 periods + signal day is an inside bar
SIGNAL "PROFIT" -
Prior day was NR4 / NR7 and next day price broke out of prior day range in 1 direction and closed in the direction of breakout away from breakout price, resulting in a profit trade.
SIGNAL "LOSS" -
Prior day was NR4 / NR7 and next day price broke out of prior day range and returned back to close inside the narrow zone OR went in opposite direction after the initial breakout, resulting in a loss trade.
Inside Bar Visualizer PineV4I didn't find a study for Inside bar as I wanted. Therefore I wrote a one with PineV4. This may help you to see inside bars.
It can recalculate and works with either (opens-closes) or (highs-lows)
Cheers! :)
ZigZag Plus [xdecow]A ZigZag Like based on candle close.
A lot of options that can be hide in options.
Triangle/bright - reversal confirmation candle
Circle/dark - higher/lower candle breakout
Square/light - Insidebar
Inside Bar and Outside Bar Simple indicator, to show outside bars and inside bars
inside sellbar = "I" in red color
inside buybar = "I" in green color
Outside sellbar = "O" in red color
Outside buybar = "O" in green color
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PT-BR
Indicador simples, para mostrar outside bars e inside bars
inside sellbar = "I" na cor vermelha
inside buybar = "I" na cor verde
Outside sellbar = "O" na cor vermelha
Outside buybar = "O" na cor verde
Inside BarsMark Inside Bars with a triangle above the calendar. This indicator supports having different colors and alerts for 1, 2 or 3 consecutive inside bars.
Candle ID - Trading RoadMapCandle ID- Trading RoadMap
Simple Script to show
- Inside Bar
- Outside Bar
- Up Bar: Bar with a Higher Hi in comparison to the previous bar
- Down Bar: Bar with a Lower Low in comparison to the previous bar
Have a peaceful and profitable trading day 😊
Khaled Maziad
Three-Bar Inside Bar PaternAuthor: Johnan Prathap TASC March 2011
The typical inside bar two-bar view indicates minimal activity in a market. It is defined as a bar (or series of bars) that is completely within the range of the preceding bar; that is, it has a higher low and lower high than the bar immediately before it. Some traders consider a bar an inside bar if the high and low are equal to the previous bar or where there are several consecutive bars within the range of a previous bar.
Many analysts tend to view inside bars as an indication of declining market activity, or possibly a prelude to a large movement in either direction.
[SignalFI] ShotGunFI V1Welcome to ShotGunFI
In order to help give our members awareness of how major indicators move market price action, we created ShotGunFI. This script provides signals for the following indicators and gives a customizable framework for the user to track how certain indicators impact price and further how those impacts could relate to their overall strategy. We took the major indicators that are used in the market and smashed them into one chart with one indicator so that you can visualize a broad spectrum of strategies that are already driving price action.
This script is enabled with Data Leak and Repaint protection by default. Ensuring that signals are true.
The following indicators are included:
//+RSI Ob/Os Crossover Signals
- Candles are colored Orange and Aqua when RSI is overbought or oversold.
- Arrows and Alerts for crossover 30 and crossunder 70 RSI .
//+Slow Stochastic Signals
- Arrows and Alerts for crossover 20 and crossunder 80 Stoch RSI
//+MACD Bull/Bear Signals
- Arrows and Alerts for MACD Bull and Bear Signal line crossovers
//+MA Cross Bull/Bear Signals
- Arrows and Alerts for MA 1 Cross of MA 1 and MA 1 Cross of MA 4.
By default EMA is enabled, however, we included several other MA types to enhance and expand on this concept.
Included are the following MA types:
Kaufman Adaptive Moving Average ( KAMA )
Hull Moving Average
Smoothed Moving Average
Variable Index Dynamic Average
Fractal Adaptive Moving Average
Fractal Dimension Adaptive Moving Average
Double Exponential Moving Average
Least Squares Moving Average
Coefficient of Variation Weighted Moving Average
Simple Weighted Moving Average
Exponential Moving Average
Weighted Moving Average
Arnaud Legoux Moving Average
Option Types Labels:
"SWMA", "EMA", "WMA", "SMA", "HMA", "KAMA", "SMMA", "VIDYA", "VWMA", "ALMA", "FRAMA", "DEMA", "FDAMA", "LSMA", "COVWMA"
//+BollingBand Bull/Bear Signals
- Arrows and Alerts for lower BB crossover and higher BB crossover
//+Bollinger Band + RSI (BBRSI) Bull/Bear Signals
- Arrows and Alerts for custom higher timeframe Bollinger Band that integrates RSI . 4 Signals total.
//+InsideBar Bull/Bear Signals
- Arrows and Alerts for InsideBar bull/bear break combinations.
ALERTS DISABLED VERSION. Padaone Members Only.
SignalFI was created to help traders and investors to effectively analyze the market based on the Golden Mean Ratio (Fibonacci numbers), plan a trade and ultimately execute it. To help inform and educate market decisions we developed a set of Trading Indicators which are available on TradingView , the most advanced and yet easy to use charting platform available on the web.
SignalFI indicators are just that, indicators. Our indicators are generally configured to use completely historical data (negating repaint), and we advise all alerts created with SignalFI indicators to be fired upon "close" of the current candle. Our indicators can provide valuable context and visualization support when performing market analysis and executing buy and sell decisions. However. we are not financial experts, and all information presented on this site or our other media outlets are for educational purposes only.
For subscription information, visit www.signalfi.net and follow us on twitter.
INSIDE BAR This indicator identifies Inside Bar.
Inside Bar is an indecisive setup where traders are not sure of the direction which is reflected in the bar range which is usually narrower.
The day following Inside Bar usually would be a decisive bar with wide range.
This decisive bar can be exploited if traded with discipline.
The steps to follow are :
At EOD :
1) Use daily charts for locating Inside Bar with this indicator on.
2) Ensure you keep the parameter prev range Vs inside bar as 0.25 irrespective of default value. This means that the previous bar range is greater than the inside bar range by 25%.
3) Try going through all FNO scrips to locate inside bar (as there is no scanner in Trading View).
4) Once an Inside Bar scrip is located, earmark them or send them to watchlist.
5) Now you will have a watchlist with around 5-6 scrips.
Next trading day at market opening:
5) When the market opens, wait till 9.45 am (first half an hour).
6) Mark the first half an hour high and low. These are opening range high and opening range low.
7) If price breaks out decisively on the upside above opening range high, buy with a stop of opening range low. Target can be based on super trend or ema or any other method. If price breaks out decisively on the downside below opening range low, short with a stop of opening range high.
8) Ensure you follow disciplined position sizing.
Good luck.
Inside Bar FailureYou can check edge profitability by adjusting the forward looking input, eg. how profitable is this signal after X bars.
Flying Buddha Inside Bars Indicator v1 by JustUncleLDescription:
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This indicator plots MAs and paints Triggered Alert Arrows base on Flying Buddha candle patterns.
The “Flying Buddha” Pattern is defined as:
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A candlestick chart with two moving averages: the 5 period exponential moving average (fast EMA) and the 10 period simple moving average (slow SMA), both applied to the closing price. The default “Flying Buddha” pattern is any candlestick which:
1. Has a LOW above the fast EMA, when the fast EMA is above the slow SMA (a bearish “Flying Buddha”); or
2. Has a HIGH below the fast EMA, when the fast EMA is below the slow SMA (a bullish “Flying Buddha”).
Alert Trigger:
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A Flying Buddha Alert is triggered on the first candle that is a non-flying Buddha candle after a Flying Buddha Pattern candle sequence. Flying Buddhas can optionally be filtered by InsideBars and PinBars.
The Alert Trigger is optionally filtered by the Directional MA (default=EMA 89), and/or by Minimum Sequence length of Flying Buddhas.
Moving Averages:
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You can select between 11 different types of moving averages, for each MA line in Flying Buddha MAs (fastMA and slowMA) and the Directional Filter MA:
SMA = Simple Moving Average.
EMA = Exponential Moving Average.
WMA = Weighted Moving Average
VWMA = Volume Weighted Moving Average
SMMA = Smoothed Simple Moving Average.
DEMA = Double Exponential Moving Average
TEMA = Triple Exponential Moving Average.
HullMA = Hull Moving Average
SSMA = Ehlers Super Smoother Moving average
ZEMA = Near Zero Lag Exponential Moving Average.
TMA = Triangular (smoothed) Simple Moving Average.
NOTE: This is a concept indicator, I also intend to release a trading BOT suitable for Autoview, based on this concept indicator.
New Candlestick PatternsI have redesigned the first candlestick patterns. This one works with most time frames... The only time frames that it have some difficulties is the 1min to 15min and only on the doji, because sometimes the doji doesnt have any points(pips) in movement.
1. This is a editable indicator. You can change all the colors the way you want them. I have changed my background to the gray/black so that I can see the bright colors easily.
2. I have coded the indicator so that whenever you have a candlestick pattern forming it will send you an alert if you have created one. You can create one alert for all the patterns happening on the chart. (P.S - The higher highs and lower lows is not included in the alert system because its only a indication of the trend/support & resistance)
3. If you want only one of the indicators that is all in one here, you are more than welcome to let me know if you would like to have only one of them.
Note - I will give anyone access to this for a trail period of 2 weeks. Please let me know if you want to test this.
Thank you for your support and likes :)
