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Inside Outside Bars Indicator

The Inside Outside Bars indicator is drawn in the main window of the chart and displays them in different color with price label displaying on the left of the inside and outside bars.

The Inside Outside Bars indicator considers the following parameter:

  • Left Price Label Width -1, Width of the price label displaying price can be reset.
  • Arrow Size – 0, Width of arrow displayed at opening and closing price of every bar can be reset.
  • Outside Bar Color – Blue, It provides the feature of resetting Outside Bar color.
  • Inside Bar Color – Red, It provides the feature of resetting Inside Bar color.
  • Open Arrow Color – Yellow, It provides the feature of resetting open arrow color.
  • Close Arrow Color – Aqua, It provides the feature of resetting close arrow color.

When the Inside and Outside Bars indicator is used on a bar chart, it provides the feature as follows:

  1. It displays the Inside Bars and Outside Bars in different colors and provides the feature of resetting colors.
  2. Indicator provides the feature of displaying the close price of Inside and Outside Bars by setting ShowLeftPriceLabel as true.
  3. The size of the label can be reset.

When the Inside and Outside Bars indicator is used on a candlesticks chart, it provides the feature as follows:

  1. It has the feature of setting colors for Inside and Outside Bars in the form of candlesticks.
  2. When ShowLeftPriceLabel is set to true, it displays the closing price of Inside and Outside candlesticks.
  3. It provides the feature of setting the size of the displayable closing price of the candlestick.
  4. It provides the feature of setting the color of the Inside and Outside CandleSticks.
  5. Each Candlestick opening and closing point is displayed with different symbols, color of which can be reset.
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