As the name implies, this NT-8 indicator looks for Inside Bars and then simply paints an all white bar on your candle stick or OHLC bar chart, (it works on Hollow Candlestick charts also).
If the bar is an Inside Bar and is also a Doji (Open[0] == Close[0]) the indicator will paint a diamond on the close of the bar to highlight the Doji for you.
You might have to change the default color choices if you're using lighter colored chart backgrounds.
Indicator will color the candlestick outlines and the candle bodies, one color regardless of the direction they close in (up or down). The indicator is set to calculate on bar close. (no need for it to be anything else)
Inside Bar condition: if(High[0] < High[1] && Low[0] > Low[1])
"Doji" condition: if(Open[0] == Close[0])
As I said, it's not the Holy Grail, but I find it helpful to have a visual clue that suggests "something may have changed here".
Category NinjaTrader 8 Indicators and More
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