Pin bar indicator mt 4

[azad341]

Pin bar is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entrie

 

[wolfz]

hmm interesting indicator. Gonna give it a try and see how it works..thanks.

 

[Kento]

Thank you for sharing. A good indicator , do we have an MT5 indicator for this?

 

[MoneyLecturer]

Pinbar strategy has been an all time powerful strategy for identifying retracment pullbacks and reversal..

 

[naluvs01]

Does this pin bar indicator have push notifications... I did research and it looks like it's good for reversals.

 

[David Morgan]

Has anyone back tested the Pinbar. I have tested a pinbar on daily time frame when pinbar pulls back into an ema8. Place a stop just outside of the tail and entry as price breaks to the other side. Of 28 major/minor pairs, Over the last 6 years I found half the pairs to be profitable.

 

[David Morgan]

I've attached my Pinbar EA. It is only labelled daily as it trade entries expire after 24 hours if price does not break beyond pinbar candle. It does produce some order send 130 errors due to stop placement but generally works. I am just setting out on learning MQL4 so my program is fairly basic.

 

[zxcvbnm]

hanks for the indicator mate. Will definately open a trade but on demo first. if profitable, then we move it to live

 

[momoPike]

Tried this. Works very well on the H1 timeframe but you need to watch what pairs you put it on

 

[a4b]

thank you for sharing

Pin bar is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entrie

 

[timmy5001998]

thank you for sharing this with us great indicator