DislikedNo, that's not the definition of an IB. This is my interpretation.
The body of the IB should be inside the body of the outer bar, or at least most of the IB's body.
I only suggest to test it in the EA.Ignored
With the EA, the inside bar High/Low must be totally enclosed by the High/Low of the outside or containing bar.
We've got some people who trade when the price breaks the High/Low of the inside bar, and some, from Jim's thread, who trade when the price breaks the High/Low of the outer bar.
The EA can trade either.