• Overview
  • Reviews (34)
  • Comments (88)

Pinbar Scanner With Trend Filter

(FOR MT4) Pinbar Scanner For Multi Pair and Multi Time Frame:

This indicator has been designed to automatically identify high probability pinbar formations.

It includes an RSI trend-filter for finding the best oppportunities and it will send you an alert when these setups are found.


IMPORTANT FACTORS TO KEEP IN MIND:

A strong pinbar is clear evidence that the institutions are rejecting a particular price level. 

These price levels are excellent areas to determine potential entries and exits. 

And these price levels also provide the opportunity to use excellent risk and reward ratios. 


Features:

  • This indicator can monitor all 28 pairs at the same time.
  • It can monitor every timeframe, from 1 Minute to Monthly. All at the same time. 
  • It will automatically trigger an alert whenever the appropriate pattern is identified.
  • The indicator includes an RSI trend filter, to identify the best possible pinbars.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

  This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis. 
  And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
  This will also give you more time to find other trading opportunities. 


Indicator Parameters:

  • RSI Period: Setting for RSI filter
  • RSI Up Level: Overbought level for RSI filter. Pinbar must form above this level in order to be valid.
  • RSI Down Level: Oversold level for RSI filter. Pinbar must form below this level in order to be valid.
  • Pinbar Percent: This is the maximum allowed body / length ratio. 

The smaller the percentage you choose, the smaller the body of the candle.

Therefore, the smaller the percentage you choose, the more dramatic the pinbar must be.

              For example:

    • If you select '5', the body of the candle can only be a maximum of 5% (1 / 20th) of the entire candle.
    • If you select '10', the body of the candle can only be a maximum of 10% (1 / 10th) of the entire candle.
    • If you select '25', the body of the candle can only be a maximum of 25% (1 / 4th) of the entire candle.

              

  • Symbols: Here is where you select which pairs to monitor. 

          The indicator monitors 28 pairs by default, but you can select less pairs if you wish.

  • Alert on M1: True = Yes, False = No
  • Alert on M5: True = Yes, False = No
  • Alert on M15: True = Yes, False = No
  • Alert on M30: True = Yes, False = No
  • Alert on H1: True = Yes, False = No
  • Alert on H4: True = Yes, False = No
  • Alert on D1: True = Yes, False = No
  • Alert on W1: True = Yes, False = No
  • Alert on MN1: True = Yes, False = No


See the images below for further details and contact us if you have any questions.



HUNDREDS OF 5 STAR REVIEWS AND OVER TWO DECADES OF REAL WORLD MARKET EXPERIENCE:

This indicator has been created by a former hedge-fund employee, with almost 25 years

of market experience. And our company has been selling high quality indicators on this

platform since 2015.


Over the years we have helped THOUSANDS of satisfied clients and we have received

HUNDREDS of 5 star reviews. 


And we are proud to say that all of our reviews are 100% GENUINE

With absolutely no client manipulation, or questionable tactics of any kind. 


For further details regarding our background, we STRONGLY RECOMMEND that you take a look

at our profile. In order to get a better understanding of our overall trading experience and our

approach to the market.


https://www.mql5.com/en/users/escobedofx21



Reviews 34
fperera
246
fperera 2019.06.29 21:19 
 

Hello Mike,

I want to thank you for your advice and how to use the Great PinBar indicator. I am very positive to be successful if I apply all the rules you had thought me in a short period of time.You come as the best teacher

in the Forex Market and very sincere about how you make it simple for a common man to understand the Forex Market in todays world.Wish you all the best and Thank you .

marco85s
259
marco85s 2019.05.05 16:35 
 

Good indicator for my Strategies/Trade - Management.

Thank you Mike for the idea with the "watching-dogs" (-:

Thanks to Mike, Now I trade only in the H1 + H4 chart. Thank you again.

Irfan
493
Irfan 2018.12.25 18:40 
 

I have recently purchased this indicator. The good thing is this indicator scans all the pairs on one chart. I am waiting to get a signal which is (as I have been informed) will come less often on higher time frames but it will be a higher probability signal. I am happy to trade quality vs quantity signals. The support from Mike is excellent.

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MT5 Version Available Here:   https://www.mql5.com/en/market/product/50048   Telegram Channel & Group :  https://t.me/bluedigitsforex V.I.P Group Access:   Send Payment Proof to our Inbox *All In One System Indicator, Breakthrough solution for any Newbie or Expert Trader! The BlueDigitsFx Easy 123 System makes it easy to identify important areas of market structure. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The
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Beast Super Signal
Dustin Vlok
The Beast Super Signal is a simple, and easy to use trend based indicator. It will continuously monitor current price action looking for new trends developing or strong reversals building at extreme price levels, and trends that have reached strong exhaustion level The Beast Super Signal indicator will monitor the current price, and only when all of the internal strategies align, and are in 100% agreement with each other, the indicator will paint a new buy or sell signal arrow on the chart. All
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Blahtech Market Profile
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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Market View BreakOut Dashboard
Chantal Sala
The Market View BreakOut Dashboard is a very easy to use panel. Symbol buttons change color when a breakout of previous candle is performed. You can choose to see the breakout only on a TF selectable with TF buttons. Apply this indicator to the chart to navigate very quickly through all the symbols listed in the inputs. The list of symbols is customizable. You can create five custom sessions to view the market clearly. Also, you can create your favorite session. You can customize both the graph
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Volume Price Confirmation Indicator VPCI
Renaud Candel
VPCI means Volume Price Confirmation Indicator. This indicator was created by Buff Dormeiers in an effort to codify price volume confirmation in an indicator. VPCI won the Dow award in 2007. You can build profitable trading system with VPCI like John Bollinger did. This indicator is now available with Metatrader platform. Inputs of the indicator are: MA_ShortPeriod: short period of moving averages to be used for calculations MA_LongPeriod: long period of moving average used for calculations MA_S
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Price Action Triggers
Robert Maidla
Price Action Triggers indicator uses the purest form of data available in the market (price action) to determine the entry triggers. The signals are formed by observing the shape, positioning and relative size of the candles. The triggers will appear once either a single or a multi candle setup is detected. It is important to note that the triggers will not observe the broader direction of the market (market sentiment). Thus the indicator should not be used as a stand-alone trading system. The P
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Better Volumes
Illia Zhavarankau
Description: The indicator of tick volumes Better Volumes allows you to assess the general mood of the market and quite accurately catch the moments of the formation of large movements. The indicator is a color histogram in an additional window. In the calculation of Better Volumes the Price Action combinations are taken into account, the values of the volumes with the height of columns and color marking are displayed. Input parameters: Display_Bars - the number of displayed bars (at 0, all are
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MACD Currency Meter
Emir Revolledo
telegram link : https://t.me/joinchat/RTSgzlmYXyj7_8oP WELCOME to the very new algorithm in the market which you have never seen before.  MACD Currency Strength Meter: 2 indicators in 1! MACD Currency Meter : A MACD indicator with the power of Currency Strength Meter.  MACD  - a indicator which is good to know the momentum of a Pair Currency Strength Meter is used for tracing market trends..  If you are a fan of MACD and Currency Strength Meter, this indicator is the one for you. MACD-CSM is s
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AT Reversals
Leonardo Barata
The indicator shows price reversals with a high degree of accuracy. Reversals are shown on the chart as arrows, and they never repaint or backpaint. Based on our proprietary price and volumes algorithms, it is a powerful tool to have to increase your rate of success and profitability. With easily adjustable settings and featuring an accuracy rating for each setting, it is a very versatile indicator that adjusts to the market you are trading in. It features a user-friendly interface with an adjus
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Candle Power Pro
Thushara Dissanayake
The Candle Power Pro is a real volume data grabbing indicator. It grabs total volume information of candles and display to identify the battle between buyers and sellers as a percentage of the total volume like, Sellers: 10% - Buyers: 90% . This information can be used for any trading strategy. In additionally 5 other volume based indicators are available.   3 Ways to Improve a Strategy Using Real Volume Information. Using buyers and sellers volume to confirm breakouts. Using buyers and seller
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Ultimate Engulfing Scanner Multi Pair MTF
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(FOR MT5)  Ultimate Engulfing Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to find the strongest engulfing patterns in the forex market. - An engulfing pattern is very simple to trade, without the need for any complicated analysis. - This patterns provides an excellent risk and reward ratio. Because your potential wins will     always be considerably larger than your potential losses. And this is CRITICAL to your long term     trading success.  - You have th
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Ultimate Correlation Scanner MT5
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(FOR MT5) Ultimate Correlation Scanner Multi Pair And Multi Time Frame :   This indicator has been designed to quickly identify the highest correlations for any pair in the market. And you don't have to conduct hours of research, analyzing dozens of columns, rows or tables. As this indicator gives you the most important information, quickly and easily.   Using this indicator, you can create a system that allows you to take advantage of the ongoing  correlation dynamics that are always present
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Ultimate Moving Average Crossover Multi Pair MT5
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(FOR MT5)  Ultimate Moving Average Crossover Multi Pair And Multi Time Frame :   This indicator has been designed to find various types of moving average crossovers. And combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.   - Moving average crossovers are very simple to trade, with clear "buy or sell" signals. - Moving average crossovers offer a clear indication of the different phases of a trend.    Such as expansion, pul
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Filter:
fperera
246
fperera 2019.06.29 21:19 
 

Hello Mike,

I want to thank you for your advice and how to use the Great PinBar indicator. I am very positive to be successful if I apply all the rules you had thought me in a short period of time.You come as the best teacher

in the Forex Market and very sincere about how you make it simple for a common man to understand the Forex Market in todays world.Wish you all the best and Thank you .

marco85s
259
marco85s 2019.05.05 16:35 
 

Good indicator for my Strategies/Trade - Management.

Thank you Mike for the idea with the "watching-dogs" (-:

Thanks to Mike, Now I trade only in the H1 + H4 chart. Thank you again.

k0ta2
365
k0ta2 2019.01.23 07:00 
 

User didn't leave any comment to the rating

Irfan
493
Irfan 2018.12.25 18:40 
 

I have recently purchased this indicator. The good thing is this indicator scans all the pairs on one chart. I am waiting to get a signal which is (as I have been informed) will come less often on higher time frames but it will be a higher probability signal. I am happy to trade quality vs quantity signals. The support from Mike is excellent.

yusuf hamid
130
yusuf hamid 2018.07.02 20:11 
 

User didn't leave any comment to the rating

kazemjoon
82
kazemjoon 2018.06.25 09:50 
 

User didn't leave any comment to the rating

Chunshui Wen
222
Chunshui Wen 2018.03.30 01:56 
 

Great product and very great customer service, Worth It !

Hardley
119
Hardley 2018.02.24 17:35 
 

Good indicator! And, the best of all is that Scorpion gives you suggestions to avoid false signals. Mixed with another indicators by Scorpion can be a lethal weapon to win many pips. My respects for the customer service!

hoanggiaquang87
1124
hoanggiaquang87 2018.01.28 02:18 
 

I bought it few months ago. It's great indicator and excellent customer support.

emenyke
398
emenyke 2018.01.19 22:54 
 

Before I purchased the pinbar scanner, I read reviews and I was beginning to wonder why everyone kept hammering on the customer service.Now I wonder no more because I have tasted it.I am challenged at how Mike responds promptly and in great detail. Its simply amazing. And I just started using the indicators and they have worked fine as described. Please keep up the good work Mike, you're simply amazing. Of course 5 starts all the way.

gigisulivan
84
gigisulivan 2017.12.26 23:54 
 

Great customer service and what's more important a useful indicator

Vitalii Moskalyk
51
Vitalii Moskalyk 2017.12.12 09:06 
 

The indicator has surpassed all my expectations. The support is brilliant. The best wishes to the team that developed this indicator.

dainengxin
436
dainengxin 2017.12.05 10:54 
 

Perfect indicator! Perfect service!

Arthit Arunroj
1230
Arthit Arunroj 2017.11.20 21:48 
 

very great customer service

ichmry
123
ichmry 2017.11.14 00:28 
 

User didn't leave any comment to the rating

cosson jeanphilippe
154
cosson jeanphilippe 2017.10.17 20:19 
 

These guys are excellent! Je suis français : ces types sont géniaux !

david.l
433
david.l 2017.10.17 02:11 
 

User didn't leave any comment to the rating

Folasade Aluko
324
Folasade Aluko 2017.09.20 07:56 
 

User didn't leave any comment to the rating

Sepp1985
4348
Sepp1985 2017.09.15 21:53 
 

Great indicator if you combine it with market analysis. Made some nice profits already. And there are no words for the support...it's simply amazing how fast and competent these guys are.

10 stars to the moon.

Darren Cooper
53
Darren Cooper 2017.09.15 19:26 
 

The indicator is fantastic, makes analysis quick and simple especially when combined with other indicators and your analysis. I will be purchasing further products very soon. As for the support, in this field for retail traders, I have never encountered better support. I've been trading for 10 years and this is by far the best vendor of any product I've used.

alejoarcilacano
265
alejoarcilacano 2017.07.21 19:44 
 

User didn't leave any comment to the rating

rok101
194
rok101 2017.07.18 11:20 
 

Hello Mike,like always very good product and excelent support.I already have 4 of scorpion indicators...)))

wjason777
405
wjason777 2017.06.27 14:49 
 

User didn't leave any comment to the rating

shor73
94
shor73 2017.06.13 20:51 
 

This is my third indicator by ScorpionFX! Great product and great support!

Michalangelo
346
Michalangelo 2017.06.10 04:51 
 

Great indicator that gives excellent results with divergence and double top bottom detector

marvinchin
70
marvinchin 2017.06.03 12:25 
 

Excellent addition to my trading the pinbar scanner.

It shows you a BIG indication where the price is and what its mostlikely going to do after such an rejection with those OB/OS lvls. Also customer service from Mike is superb!

Gregade
151
Gregade 2017.05.31 08:56 
 

I reviewed this product for over 3 months and I'm very impressed . I use this product specifically for binary options .. I can say my winning rate increased to 18% . I have great collection of their products . It's really flexible and your able to manupulate , change the parameters and make it your own

mattwtts
213
mattwtts 2017.05.30 00:11 
 

User didn't leave any comment to the rating

Angele
76
Angele 2017.05.25 19:48 
 

User didn't leave any comment to the rating

Bjoern Kopsieker
1561
Bjoern Kopsieker 2017.04.29 19:21 
 

Awesome indicator and awesome people! Very helpful, eager to learn more, thank you

Viktor Kashlev
992
Viktor Kashlev 2017.04.10 06:16 
 

Great product, great support. Thank you.

jasonwang1234
196
jasonwang1234 2017.03.21 05:04 
 

Great indicator and great support.setting of RSI 14 and pinbar 15, the signal is highly profitable. real trading helper.

[Deleted] 2017.03.17 13:04 
 

User didn't leave any comment to the rating

Yang Sijie
331
Yang Sijie 2017.02.23 17:14 
 

Dear Yossarian,

I have not seen anyone with such professionalism and trust for clients such as you. Your replies- prompt, concise and accurate. Your service and generosity are simple top notched. Thank you so much and I use your Pinbar scanner for the most precise entries and they all my TPs.

To all the others reading this review, I use this pinbars scanner in relation with my bolinger bands, EMA 10 25 150 365 as well as price action, as mentioned, always using it in accordance with the economic backdrop and own study will then bring the best results.

Use it blindly, not wisely and you will thank this developer for one of the best EAs ever created.

Thank you so much once again for creating such a wonderful Indicator.

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