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PinBar Scanner PRO MT4

PINBAR SCANNER PRO with TREND and RSI + CCI OSCILLATORS filter

This indicator has been designed to automatically and constantly scan entire market to find high probability pinbar formations, so you can just wait for the perfect trading opportunity come to you automatically.


PINBAR is the strongest candle reversal pattern known in technical analysis.

It shows excellent areas to determine potential entries and exits with opportunity to use excellent risk and reward ratios. 

It includes an RSI and CCI trend-filter for making it even stronger, finding the best oppportunities and it will show you an alert  and send push notification to your mobile phone when these setups are found.

You can even set 3 different levels of strength, and for example only the strongest show in push notifications.


Features:

  • This indicator can monitor all symbols which you attach indicator to, all 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 + notification whenever the appropriate pattern is identified.
  • It will automatically calculate and shows a strength of the pinbar (based on the setting).
  • The indicator includes an RSI and CCI oscillators filter, to identify the best possible pinbars.
  • The indicator has also trend filter, showing only the PINBARS which are at the end of the downtrend or uptrend.
  • It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc. 

  


The best way to use the indicator is, after receiving the alert, checking if on that particular price is some important support/resistance level, or if there is divergence on RSI & CCI indicator (screenshots).


Indicator Parameters:

  • minimal timeframe: minimal timeframe indicator will scan the chart
  • ↑ pinbar ratio: pinbar ratio (see description below about ratios) of level 1 of strentgh
  • ↑ RSI margin:  RSI margin high value (for example if it is set to 70 - RSI levels will be 30/70)
  • ↑ CCI margin:  CCI margin high value (for example if it is set to 300 - CCI levels will be -300/300)
  • ↑ push notification alert:  true/false - setting for level 1 strength push notification alerts
  • ↑↑ pinbar ratio: pinbar ratio (see description below about ratios) of level 1 of strentgh
  • ↑↑ RSI margin:  RSI margin high value (for example if it is set to 70 - RSI levels will be 30/70)
  • ↑↑ CCI margin:  CCI margin high value (for example if it is set to 300 - CCI levels will be -300/300)
  • ↑↑ push notification alert:  true/false - setting for level 1 strength push notification alerts
  • ↑↑↑ pinbar ratio: pinbar ratio (see description below about ratios) of level 1 of strentgh
  • ↑↑↑ RSI margin:  RSI margin high value (for example if it is set to 70 - RSI levels will be 30/70)
  • ↑↑↑ CCI margin:  CCI margin high value (for example if it is set to 300 - CCI levels will be -300/300)
  • ↑↑↑ push notification alert:  true/false - setting for level 1 strength push notification alerts



PINBAR RATIO is ratio the body of the candle to the whole candle. It should be lower than 0.31, because larger values indicates that thisi is not pinbar anymore. 

Therefore, the smaller the percentage you choose, the stronger pinbar must be.

For example: 0.20 - the body of the candle can only be a maximum of 20% (1 / 5th) of the entire candle.


IMPORTANT:

Scanner will execute an alert if signal will pass all 3 filters at the same time: 

1> pinbar ratio

2> RSI level

3> CCI level

In that way you will receive only very strong signals with high probability for signal to make profit with high reward/risk ratio.


THANK YOU for taking the time to review our indicator


CHECK ALSO OUR SESSIONS PROINDICATOR

IT IS AT LIMITED TIME FREE PROMO OFFER RIGHT NOW


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El indicador de reversión de ADR le muestra de un vistazo dónde se cotiza actualmente el precio en relación con su rango diario promedio normal. Recibirá alertas instantáneas a través de una ventana emergente, correo electrónico o push cuando el precio exceda su rango promedio y los niveles por encima de su elección para que pueda saltar rápidamente a retrocesos y reversiones. El indicador dibuja líneas horizontales en el gráfico en los extremos del rango promedio diario y también extensiones p
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
IX Power MT4
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IX Power lleva por fin la insuperable precisión de FX Power a los símbolos que no son de Forex. Determina con exactitud la intensidad de las tendencias a corto, medio y largo plazo de tus índices, acciones, materias primas, ETF e incluso criptodivisas favoritas. Puede analizar todo lo que su terminal le ofrece. Pruébalo y experimenta cómo tu timing mejora significativamente a la hora de operar. Características principales de IX Power Resultados de cálculo 100% precisos y sin repintado -
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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Obtenga su actualización diaria del mercado con detalles y capturas de pantalla a través de nuestro Morning Briefing aquí en mql5 y en Telegram ! FX Power MT4 NG es la nueva generación de nuestro popular medidor de fuerza de divisas, FX Power. ¿Y qué ofrece este medidor de fuerza de nueva generación? Todo lo que le encantaba del FX Power original PLUS Análisis de fuerza de ORO/XAU Resultados de cálculo aún más precisos Períodos de análisis configurables individualmente Límite de cálculo persona
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Filtro:
esifford
300
esifford 2021.07.29 15:53 
 

I have applied the indicator to multiple Forex pairs, but after about 3 days, I have yet to receive a signal. Perhaps I have it misconfigured or perhaps no pair has yet to meet its criteria? YES, it does work now that I lowered the RSI/CCI filters and remained patient. I received 2 very reliable entry signals early this morning. Thank you!!

Andrzej Grzegorz Kwiatkowski
2390
Respuesta del desarrollador Andrzej Grzegorz Kwiatkowski 2021.07.29 16:00
Try lower the margins of RSI and CCI filters, for example RSI: 60, CCI: 200 for the weakest (one arrow) signal. You will get them more often, but also those signals will be weaker. Lucky trades!
rainwalker123
3363
rainwalker123 2020.03.29 12:07 
 

El usuario no ha dejado ningún comentario para su valoración

Ümit Çakır
30
Ümit Çakır 2020.02.17 18:24 
 

El usuario no ha dejado ningún comentario para su valoración

sunnychow
8663
sunnychow 2019.07.10 14:58 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 1.5 2019.07.09
Minor bug fixed
Versión 1.4 2019.07.09
Minor bug fixed
Versión 1.3 2019.07.09
Minor bug fixed