Inside Bar Indicator

[Tornado12]

Hello

I'm looking for a study that will identify 'inside bars' defined as a bar whose high/low range is inside or equal to that of the previous bars high/low (i.e. .L1<=L and H<=H1)



I previously used RealTick, which had a build in condition that would place a yellow dot below any candlestick that was an inside bar

Any help would be appreciated.

Cheers.

[waynecd]

I picked this up somewhere. See if it works for you. It marks the close of the inside bar with a dot and has menu options for the color and size of the dot and for a sound and list alert.

function preMain() {
    setPriceStudy(true);
    setStudyTitle("Insidebar");
    setShowCursorLabel(false);
    setShowTitleParameters(false);
    setPlotType(PLOTTYPE_CIRCLE, 0);
    setDefaultBarThickness(5, 0);

    var fp1 = new FunctionParameter("cColor", FunctionParameter.COLOR);
    fp1.setName("Color");
    fp1.setDefault(Color.blue);
    var fp2 = new FunctionParameter("nSize", FunctionParameter.NUMBER);
    fp2.setName("Size");
    fp2.setDefault(4);
    var fp3 = new FunctionParameter("bEnable", FunctionParameter.BOOLEAN);
    fp3.setName("Enable Alerts");
    fp3.setDefault(true);
}

var bInit = false;
var bAlert = false;

function main(cColor, nSize, bEnable) {
    if (bInit == false) {
        setDefaultBarThickness(nSize, 0);
        setDefaultBarFgColor(cColor, 0);
    }

    if (getBarState() == BARSTATE_NEWBAR) {
        if (bAlert && bEnable) {
            Alert.playSound("pop.wav");
            Alert.addToList(getSymbol(), "Insidebar", cColor, Color.white);
        }
        bAlert = false;
    }

    if (high(0) < high(-1) && low(0) > low(-1) ) {
        bAlert = true;
    } else {
        bAlert = false;
    }
    if (bAlert) {
        return close(0);
    } else {
        return;
    }
} 

wayne