Pinbar Detector Indicator for MetaTrader 4 (candlestick pattern)

The Pinbar Detector automatically locates pin bar candlestick patterns, one of the most reliable price action formations for detecting possible market turns. It marks each pattern with a symbol on the chart so you do not miss any.

How to use it

It places a symbol below bullish pin bars and above bearish ones, and triggers alerts by screen, email or mobile. It is usually used on timeframes of one hour and higher and across several pairs at once, to spot opportunities without watching the charts.

Main parameters

• Number of candles to scan and the distance of the symbols.
• Custom pattern criteria: body size and nose size.
• Alerts by screen, email and mobile.

File contents: package ready to install in MetaTrader 4.

View the original indicator documentation on EarnForex (Apache-2.0 license)