What it’s meant for: - This indicator is used to identify inside candles that might generate an upcoming trading range - Works best on large timeframe (Suggested from 2 days up to 1 week) and crypto asset (Index don't show much because of daily gaps)
How it works: - It check for daily close (or the chosen timeframe), highlight inside candles and also plot trading range limits generated by inside pattern - Trading range limits extend until candle closes are within those limits - Usually the longer the trading range last, the stronger the following trend is when it break in any direction
Settings: - Change color of inside bars and enable/disable from chart - Change color of trading range and enable/disable from chart
Alerts: - No alerts are defined at the moment
릴리즈 노트
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Updated chart
릴리즈 노트
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- added timeframe selector: as in the shown chart you can be on a daily chart and force a 2 days inside range calculation