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PinBar candlestick detector

Pin bars are a type of single candlestick patterns. Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows.

Pin bars are not to be traded in isolation, but need to be considered within the larger context of the chart analysis.

Other candlestick patterns that also qualify as a pin bar are hammer and inverted hammer and hanging man type of candlestick patterns.


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sunnychow
6552
sunnychow 2019.02.15 17:00 
 

Thanks for share