Pinbar Confirm Pro for MT5
- Индикаторы
- Le Quang Thanh
- Версия: 1.0
- Активации: 10
Pin Bar Pro Confirmation Marker is a professional price-action overlay designed for traders who use pin bars as a rejection/confirmation element within a broader market context.
The indicator applies a rule-based definition (minimum candle range, body-to-range constraint, dominant shadow requirement, and relative placement versus the prior candle). When a valid pin bar is detected on the most recently completed candle, the indicator also plots a directional arrow on the next candle open to support timing and structured chart review.
This product is a visual decision-support tool for discretionary trading. It does not open, manage, or close trades.
Features
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Marks bullish and bearish pin bar style rejection candles directly on the chart
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Plots a confirmation-style directional arrow on the next candle open after a valid pattern
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Configurable pattern strictness via four inputs (range, body ratio, relative placement, shadow ratio)
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Works on any symbol and timeframe
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Lightweight buffer-based plotting (no trade execution functions)
Benefits
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Standardizes pin bar identification with a consistent, adjustable definition
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Speeds up chart scanning and review across multiple instruments
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Supports confirmation and timing workflows when combined with your own context (trend, key levels, supply/demand zones)
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Helps reduce subjectivity when comparing pin bars across sessions and timeframes
How it works
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Evaluates the most recently completed candle for a pin bar style rejection pattern using configurable constraints.
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Applies a simple local-extreme check to avoid marking non-distinct candles.
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If valid, marks the pin bar candle and plots a directional arrow on the next candle at its open price.
Recommended usage
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Use as a confirmation and timing overlay, not as a standalone strategy.
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Combine with your preferred context tools such as:
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trend direction filters (e.g., higher-timeframe bias, moving average slope)
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key levels and supply/demand zones
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session/time rules and volatility awareness
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Consider stricter settings on lower timeframes to reduce frequent markings.
Who it is for
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Discretionary traders who already use pin bars within a broader framework
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Traders who want a consistent, rule-based pin bar marker with next-candle confirmation visualization
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Users building structured chart review workflows
