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.
A pin bar entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario.
- MinimumTailPips- Minimum size of Tail in pips;
- TailBodyCandle- means how many times Tail greater than Body of candle;
- AlertOn - enable alerts;
- EmailAlert - enable email alerts;
- PushAlert - enable push notifications;