Very basic script to help discretionary traders with their candlestick pattern analysis This script shows a colored arrow on top or below the candlestick indicating a bearish/bullish inside bar formation also shows text with "bull" or "bear" on top of the candle when a bullish or bearish engulfing pattern surges.
big thanks to the pinescript reference manual & everyone that has open source codes bc i got stuck 50 bajillion times Cheers.
inside bar is too simplistic. i think as trend reversal condition. inside bars has to be satisfying many more conditions including the location at which it is happening in the chart. by the way. is there a script to not only study but strategy.entry and exit as well? that can show results