PROTECTED SOURCE SCRIPT

Price In Motion – Inside Candle Breakout System

35
Price In Motion – Inside Candle Breakout System

Created for traders who want clean, structured inside-bar breakouts without clutter or unnecessary signals.

📌 What This Indicator Does

This tool identifies inside candles and plots simple breakout zones around them.
A breakout arrow only appears when price closes outside the zone, giving a clear, rules-based trigger.

You can choose between two inside-bar detection modes:

🔄 Two Inside-Candle Modes (Toggle)
1️⃣ Standard Mode (default)

Inside candle = current body is contained within the prior candle’s high–low range.
Wicks can be outside — only the body matters.

A clean way to spot compression and continuation setups.

2️⃣ Candle-to-Candle Mode (optional)

Inside candle = current body is fully within the prior candle’s body.
Produces tighter signals and more refined breakout zones.

🧱 Merged Inside Candle Zones

Back-to-back inside candles are automatically merged into one zone:

  • Zone High = highest high of the cluster
  • Zone Low = lowest low of the cluster


This keeps the chart clean and maintains a single breakout level until price closes outside of it.

📉📈 Breakout Signals

A breakout arrow prints only when price closes outside the zone:

  • Green arrow = close above the zone
  • Red arrow = close below the zone
  • Arrows can be toggled on/off at any time.


🎯 Why This Helps

Unlike typical inside-bar indicators that only mark the candle, this tool:

  • Shows clean compression zones
  • Merges clusters of inside candles
  • Confirms breakout only on candle close
  • Removes duplicate or noisy signals
  • Never repaints


It’s built for traders who value structure, clarity, and repeatable setups.

🛠 Best Used For

  • Breakout continuation
  • Pullback structure
  • Compression analysis
  • Scalping or intraday execution
  • Futures, stocks, crypto — any timeframe

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.