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.
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.
- 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.
For example:
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
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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Examples right away
https://gyazo.com/fc130266994402bcd43d3a6b08ac2210
https://gyazo.com/8179542d3b82430be4e1c715652c0b3c
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⭐⭐⭐ ------ GOOD LUCK ----- ⭐⭐⭐
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Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
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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
120 USD
Currency Strength Meters are a great way to identify strong and weak currencies. With this CSM indicator attached to your chart, you will get a clear overlook over the 8 major currencies: USD, EUR, JPY, CAD, CHF, GBP, AUD, and NZD.
Suggested timeframes to scan is: M15 - H1 - H4 - Daily You can however just change timeframe to check in the settings. Bear in mind that scanning very low timeframes such as M1 will require a lot of resources and might make your mt4 terminal slow.
The strength s
129 USD
CURRENTLY 20% OFF !! ⭐⭐⭐⭐⭐ Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
128 USD
⭐⭐⭐ WARRANTY POWERFULL ⭐⭐⭐
The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 2,3 minutes. The indicator suitable for Auto and Manual trading. A possible signal is specified as a arrows above/under a candle. You can entry current or new candle Arrows are not re-painted Trade sessions: US section Currency pairs: Any Working time frame: M1 Expiration time: 2,3,4,5 (depend on pair) With auto trading with Bot, buffer 1: call, buffer 0 :
180 USD More from author
(FOR MT4) Divergence Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
IMPORTANT FACTORS TO KEEP IN MIND: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widel
79 USD
(FOR MT4) Perfect Pennants and Triangles (Breakout Scanner) Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles.
IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you to have excellent risk and reward ratios. And this is one of the most important factors in the institutional
79 USD
(FOR MT4) Double Top Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability double tops and double bottoms. It can also be used to identify triple-tops and triple-bottoms. And it includes an RSI trend filter, in order to identify the formations that occur at the top (or bottom) of a trend.
IMPORTANT FACTORS TO KEEP IN MIND: Any major level that holds 2 or 3 times is obviously a level that is being defended by the large institut
79 USD
(FOR MT4) Ultimate Reversal Scanner Multi Pair And Multi Time Frame : This indicator has been designed to identify the powerful ' Three Line Strike ' reversal pattern. According to Thomas Bulkowski (internationally known author and a leading expert on candlestick patterns), the ' Three Line Strike ' has the highest overall performance rank of any candlestick pattern. Bulkowski's best selling book "Encyclopedia of Chart Patterns" is recognized around the world, as the premier reference on
79 USD
(FOR MT4) Trend Finder Multi Pair And Multi Time Frame : This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength.
IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term
79 USD
(FOR MT5) Breakout Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability breakout patterns. And it does this by finding very strong, symmetrical pennants and triangles.
IMPORTANT FACTORS TO KEEP IN MIND: Pennants and triangles are some of the best possible entry areas. As they allow you to have excellent risk and reward ratios. And this is one of the most important factors in the institutional trading world.
PLEASE NOTE:
79 USD
(FOR MT4) Ultimate Strength Meter Strong Vs Weak : This indicator has been specifically designed for measuring the strength of the 8 major currencies (USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD). Allowing you to quickly select the best pairs to trade (Strong VS Weak).
This indicator provides an EXCELLENT way to trade particular trading sessions. And a great way to trade the news events. As it represents current (real time) conditions. And you can select at which time you would like for it t
79 USD
(FOR MT4) Full Market Analysis Multi Pair And Multi Time Frame : This is a powerful tool that will allow you to quickly and easily monitor the entire Forex market. It can be used for just about any kind of strategy that you like. Whether it be trend trading, range trading, reversals etc. As it gives you perspectives on momentum, risk-sentiment, volatility, overbought / oversold etc.
It also allows you to set thresholds for monitoring specific critical levels and it displays all of the info
79 USD
(FOR MT4) Range Trader Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities.
IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound at least 70% of the time. And range trading has several distinct advantages that make it safer and more
79 USD
(FOR MT4) Psychological Levels And Round Numbers : This indicator has been designed to automatically identify when prices reach major psychological levels. Also know as ' whole numbers ' or ' round numbers ', these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area. Therefore, these levels can be used to define entries and exits and provide a very strong risk and re
79 USD
(FOR MT4) Consecutive Bar Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for.
You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the
79 USD
(FOR MT4) Pivot Point Scanner Multi Pair : This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous amount of time and effort.
IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance. And these levels often act as price barr
79 USD
(FOR MT4) 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 t
79 USD
(FOR MT4) 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, pu
79 USD
(FOR MT4) 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 presen
79 USD
(FOR MT4) Ultimate Volatility Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find the lowest levels of volatility in the market. As volatility is a constant dynamic in the financial markets that continuously moves from high to low.
This indicator has been designed to find the lowest levels of volatility in the market.
- You can choose which time frames you want to monitor. And when volatility drops under your desired level of volatility (in those time
79 USD
(FOR MT5) Trend Finder Multi Pair And Multi Time Frame : This indicator has been designed to help find the strongest trends in the forex market, quickly and easily. It simultaneously analyzes the moving averages for all 28 pairs and across 8 time-frames. And then it ranks each pair according to trend-strength.
IMPORTANT FACTORS TO KEEP IN MIND: Institutional traders use moving averages more than any other indicator. And trading with the dominant trend is a CRITICAL part of your long term s
79 USD
(FOR MT5) Divergence Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is already loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
IMPORTANT FACTORS TO KEEP IN MIND: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widel
79 USD
(FOR MT5) 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 exi
79 USD
(FOR MT5) Double Top Scanner Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability double tops and double bottoms. It can also be used to identify triple-tops and triple-bottoms. And it includes an RSI trend filter, in order to identify the formations that occur at the top (or bottom) of a trend.
IMPORTANT FACTORS TO KEEP IN MIND: Any major level that holds 2 or 3 times is obviously a level that is being defended by the large institut
79 USD
(FOR MT5) Ultimate Reversal Scanner Multi Pair And Multi Time Frame : This indicator has been designed to identify the powerful ' Three Line Strike ' reversal pattern. According to Thomas Bulkowski (internationally known author and a leading expert on candlestick patterns), the ' Three Line Strike ' has the highest overall performance rank of any candlestick pattern. Bulkowski's best selling book "Encyclopedia of Chart Patterns" is recognized around the world, as the premier reference on
79 USD
(FOR MT5) Ultimate Strength Meter Strong Vs Weak : This indicator has been specifically designed for measuring the strength of the 8 major currencies (USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD). Allowing you to quickly select the best pairs to trade (Strong VS Weak).
This indicator provides an EXCELLENT way to trade particular trading sessions. And a great way to trade the news events. As it represents current (real time) conditions. And you can select at which time you would like for it to
79 USD
(FOR MT5) Range Trader Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities.
IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound at least 70% of the time. And range trading has several distinct advantages that make it safer and more
79 USD
(FOR MT5) Pivot Point Scanner Multi Pair : This indicator has been desinged to automatically identify when price reaches a specified pivot point level. And it can monitor the entire market in the background, all from one chart. Allowing you to save an enormous amount of time and effort.
IMPORTANT FACTORS TO KEEP IN MIND: For many years, floor traders (and market makers) have used pivot points to determine critical levels of support and resistance. And these levels often act as price barri
79 USD
(FOR MT5) Consecutive Bar Scanner Multi Pair And Multi Time Frame : This indicator has been designed to find a predetermined number of consecutive bars. It can identify both bull and bear candles and you can select exactly how many candles you wish to look for.
You can combine this indicator with any number of indicators or strategies. Including MACD, RSI, CCI, Fib retracements etc. And the goal is to look for situations where prices are severely over extended, in order to profit from the i
79 USD
(FOR MT5) Full Market Analysis Multi Pair And Multi Time Frame : This is a powerful tool that will allow you to quickly and easily monitor the entire Forex market. It can be used for just about any kind of strategy that you like. Whether it be trend trading, range trading, reversals etc. As it gives you perspectives on momentum, risk-sentiment, volatility, overbought / oversold etc.
It also allows you to set thresholds for monitoring specific critical levels and it displays all of the info
79 USD
(FOR MT5) Psychological Levels And Round Numbers : This indicator has been designed to automatically identify when prices reach major psychological levels. Also know as ' whole numbers ' or ' round numbers ', these levels act as price barriers where large amounts of orders will generally accumulate. And the larger the psychological level, the more orders will generally be placed in that area. Therefore, these levels can be used to define entries and exits and provide a very strong risk and re
79 USD
(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
79 USD
(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
79 USD
(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
79 USD
Filter:
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 .
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.
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.
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
2018.01.28 02:18
#
I bought it few months ago. It's great indicator and excellent customer support.
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.
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.
cosson jeanphilippe
2017.10.17 20:19
#
These guys are excellent! Je suis français : ces types sont géniaux !
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
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.
Hello Mike,like always very good product and excelent support.I already have 4 of scorpion indicators...)))
This is my third indicator by ScorpionFX! Great product and great support!
Michalangelo
2017.06.10 04:51
#
Great indicator that gives excellent results with divergence and double top bottom detector
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!
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
Bjoern Kopsieker
2017.04.29 19:21
#
Awesome indicator and awesome people! Very helpful, eager to learn more, thank you
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.
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.
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 .