Mini Coil Inside Break & Inside Bar

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This indicator is designed for traders focusing on price action patterns like inside bars, mini coil contractions, and inside bar breakouts. It helps identify potential reversal or continuation setups in ranging or consolidating markets by highlighting bars that fit within prior ranges and signaling breaks for entry opportunities.

1. Inside Bar Detection
Scans for bars where the high/low is fully nested within the range of any prior 1–10 bars—capturing multi-level consolidations beyond simple 1:1 inside bars.

2. Inside Breakout
Highlights green bars on bullish breaks: Close > previous high, confirmed by the prior bar being "inside" relative to 2–11 bars back.

3. Mini Coil Bar Visualization
Colors bars (shifted -2 for clarity) in yellow (bullish prior coil) or magenta (bearish) when the current and previous bars are fully inside the range of the bar 2 periods ago.

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Versionshinweise

Now includes Coil Boxes Dotted zones draw only when price breaks the mother candle inside bar setups. Custom colors, toggle 2/500 boxes.