• Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,972

Topic: Pin Bar

Hello Traders,

Pin Bar indicator is added.

A Pin Bar is a bar with a relatively short body and a long up or down wick. You can set the max body part height and the minimum wick.
If a bar has long wicks both up and down, it is not considered as a Pin Bar.

Indicator Options

https://image-holder.forexsb.com/store/pin-bar-indicator-properties.png



Bullish Pin Bar - a short body and a long down wick.

https://image-holder.forexsb.com/store/pin-bar-indicator-chart-long-entry.png


Bearish Pin Bar - a short body and a long up wick.

https://image-holder.forexsb.com/store/pin-bar-indicator-chart-short-entry.png


Please test it carefully.

Trade Safe!

Popov's Website

2 Reply by yonkuro (edited by yonkuro 2018-07-31 12:08:11)

  • Registered: 2015-02-22
  • Posts: 430

Re: Pin Bar

That's awesome cool