Inside Candle Highlighter

A custom indicator created by TrendSpider Team on TrendSpider. You can import this custom indicator into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the custom indicator.

Highlights inside candles blue.

Source code

This indicator had been implemented by TrendSpider Team in JavaScript on TrendSpider. Check out the developer documentation to learn more about JS on TrendSpider.

describe_indicator('Inside Candle Highlighter', 'candles');

// Define color for inside candles
const COLOR_INSIDE = 'blue'; // Blue for all inside candles

// Series to store inside candle conditions
const isInsideCandle = series_of(false);
const candleColors = series_of(null);

// Loop through each candle to check for inside candle conditions
for (let i = 1; i < close.length; i++) {
    if (high[i] < high[i - 1] && low[i] > low[i - 1]) { // Inside candle condition
        isInsideCandle[i] = true;
        candleColors[i] = COLOR_INSIDE;
    }
}

// Apply the colors to the candles
color_candles(candleColors);

// Register signal for scanning and alerts
register_signal(isInsideCandle, 'Inside Candle');