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PinBar - indicator for MetaTrader 4
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- 38430
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- Published:
- 2015.12.10 13:27
- Updated:
- 2016.11.22 07:32
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The indicator marks the pin bars on the chart based on the parameters set, such as:
- the maximum size;
- the minimum size;
- the "depth" of a pin bar (opening and closing price zone in percentage of the size);
- mark only on daily extremums.
The indicator settings window
The chart's display at "Only extremum = false"
The chart's display at "Only extremum = true"
Hints:
- As the pin bar is a "Price Action" pattern, it is recommended to use a timeframe no lower than H1.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13703
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