OPEN-SOURCE SCRIPT
Inside Day Detector
//version=5
indicator("Inside Day Detector", overlay=true)
// Yesterday's High & Low
prevHigh = high[1]
prevLow = low[1]
// Inside Day condition
insideDay = high < prevHigh and low > prevLow
// Plot marker
plotshape(insideDay, title="Inside Day", style=shape.triangleup, location=location.abovebar, size=size.small)
// Alert
alertcondition(insideDay, title="Inside Day Alert", message="Inside Day detected on {{ticker}}")
indicator("Inside Day Detector", overlay=true)
// Yesterday's High & Low
prevHigh = high[1]
prevLow = low[1]
// Inside Day condition
insideDay = high < prevHigh and low > prevLow
// Plot marker
plotshape(insideDay, title="Inside Day", style=shape.triangleup, location=location.abovebar, size=size.small)
// Alert
alertcondition(insideDay, title="Inside Day Alert", message="Inside Day detected on {{ticker}}")
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.