Inside Bar: A candle that is completely contained within the high-low range of the previous candle
Outside Bar: A candle that completely engulfs the high-low range of the previous candle (also called an "Engulfing Bar")
Visual Display
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Colored Rectangles: Draws colored boxes around the candle bodies
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Yellow for Inside Bars
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Light Pink for Outside Bars
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Customizable Appearance: Adjustable colors, background placement, and border width
Configuration Options
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Toggle Visibility: Separate switches for Inside Bars and Outside Bars
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Maximum Display: Limit how many patterns show simultaneously
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Background Placement: Choose whether boxes appear behind or in front of price action
Inside Bars
Consolidation Signals: Indicates market indecision/compression
Breakout Setup: Often precedes significant price moves
Continuation Patterns: Can signal pause in trend before continuation
Outside Bars
Reversal Signals: Often indicates potential trend changes
Engulfing Patterns: Classic candlestick reversal signal
Momentum Shifts: Shows dominance of buyers/sellers over previous period
