Inside Bar Breakout ( candlestick pattern).

📌 What Is This Indicator?

BOIB Pro identifies a very strict form of inside bar:

✅ The inside bar candle’s entire range (body + wicks) must be inside the BODY of the previous candle (mother candle).
❌ If even a single wick is outside the mother body, the setup is rejected.

This filters out weak and noisy inside bars and focuses only on true compression candles.

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📐 Pattern Rules (Strict)

1️⃣ Mother Candle
• The candle immediately before the inside bar

2️⃣ Body-Only Inside Bar (BOIB)

A valid BOIB must satisfy:
• Inside bar high ≤ mother candle body high
• Inside bar low ≥ mother candle body low

⚠️ Normal inside bars (inside wicks only) are ignored.

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⏱️ Breakout Window Logic

After a valid BOIB forms:
• The indicator waits for the next 1 to 5 candles (user-configurable)
• Entry is triggered only if price CLOSES outside the BOIB range

✅ Long Signal
• Candle closes above BOIB high

✅ Short Signal
• Candle closes below BOIB low

If no breakout occurs within the window → setup expires automatically

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🎯 Entry, Stop Loss & Take Profit Logic

Once a valid breakout/breakdown occurs, the indicator automatically draws a professional trade template:

Entry
• At the close of the breakout candle

Stop Loss
• Long → below BOIB low
• Short → above BOIB high
• Optional buffer:
• ATR-based
• Percentage-based
• Or none

Take Profits
• TP1: Risk-Reward based (default 1R)
• TP2: Extended target (default 2R)

All levels are clearly visualized using:
• Horizontal price lines
• Risk and reward boxes
• Informational labels

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📊 Best Use Cases
• Crypto (BTC, ETH, major alts)
• Timeframes:
• Scalping: 5m
• Day trading: 15m / 30m
• Works best when combined with:
• Market structure
• Trend bias
• Support / resistance

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⚠️ Important Notes
• This is NOT an auto-trading system
• Signals should always be used with:
• Proper risk management
• Market context
• Inside bars in sideways or low-volume markets may fail

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📚 Educational Purpose Disclaimer

This indicator is provided for educational and analytical purposes only.
It does not constitute financial advice.
Trading involves risk, and past behavior does not guarantee future results.