The BarUpDn Strategy triggers trades based on candle price direction relative to a past bar. It enters a long position with a stop order above the high when the current candle closes above its open and its open is higher than the close of a specified lookback
Strategy · Pine Script v5 · On the chart
Inside Bar Breakout
Inside Bar Breakout identifies standard and double inside bar candlestick patterns to trade breakout momentum.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code83
Settings9inputs
LicenceNone stated
Last update8 months ago4 Mar 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Inside Bar Breakout sets trigger levels using reference bar extremes plus an adjustable percentage buffer. Once a pattern forms, the strategy waits up to five bars for a valid price breakout supported by an EMA trend filter and a volume confirmation multiplier. Entries execute when price breaks out in alignment with the trend and volume spikes. Risk management employs an ATR-based stop loss paired with a target derived from a customizable risk-to-reward ratio.
- Single and double inside bar pattern recognition
- EMA trend filter and volume multiplier confirmation
- Dynamic ATR stop loss with risk-to-reward profit targets
- Configurable breakout percentage buffer and expiration window
Details
Published by
Basant1Saini on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M15-H1, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Detect Double Inside Bars | bool | true | lookForDouble |
| Trend EMA Length | int | 50 | emaLen |
| Trade Only With Trend | bool | true | useTrendFilter |
| Volume Confirmation on Breakout | bool | true | volFilter |
| Volume Multiplier | float | 1.3 | volMult |
| ATR Length | int | 14 | atrLen |
| ATR Multiplier (SL) | float | 1.5 | atrMult |
| Risk:Reward | float | 2.0 | rrRatio |
| Breakout Buffer % | float | 0.1 | buffer |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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