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Pinbar Pattern Scanner

 

The Pinbar pattern scanner is a powerful NON-REPAINTING, NON-LAGGING Price action tool that utilizes Pinbar and its application with outside and inside bar to alert the trader of possible Price rejection in any forex symbol in any of the 9 timeframes, all from the simplicity of one open chart.

This one outshines other scanners by giving the trader options to tune available pinbar patterns according to his or her style of trading and comfort. Although developed for forex, the Pinbar pattern scanner can be used for binary option as well, but by those with a firm understanding of price action. 

CHECK OUT THE NEW REVOLUTIONARY BOUNCE FILTER AND HOW TO USE IT IN BLOG.

Note: User Manual and strategies: https://www.mql5.com/en/blogs/post/724335

Inputs in the scanner:

  1. Symbols to check: EURUSD,AUDUSD,CHFJPY,CADJPY
  2. M1 Timeframe On? (Y/N):
    Note - Only on enabling the timeframes do the alert function Work.
  3. M5 Timeframe On? (Y/N):
  4. And so on... 

  GENERAL PATTERN OPTIONS------- 

  1. Candle ATR multiplier: To rule out the ones in Low volatility area.  
  2. ATR period: 14
  3. Strict Pins On? (Y/N): Enables the following two options.
  4. Body Max Percentage%: Percentage of pinbar body/candle ratio
  5. Body Located Percentage %: If value = 40, scanner only detects Bullish Pinbar with the body in the upper 40% of the candle and for Bearish, body in the Lower 40%.
  6. Short Wicks On? (Y/N): 
  7. Short Wick Percentage %: If value = 10, Nose of the pinbar must less than 10 percent of the whole candle to be valid.
  8. Max Bars: 200, Looks at last 200 candles of the chart for patterns. Since the scanner is going to working in many chart and timeframes, Please refrain from using High numbers. 

  REVERSAL PINBAR PATTERN OPTIONS-------

  1. Reversal PinBar On? (Y/N): Individual patterns can be turned On or off. Only Yes option will show them on the chart and raise alert from other Tfs.
  2. PinBar Pattern Type: 3 Choices - draws an arrow on a.Pinbar completion, b.Confirmation while the candle is open and crossed High or Low of Pinbar, c.Confirmation candle closing beyond Hi/Lo
  3. PinBar Body Decrease? (Y/N): Bodies of last three candles including Pinbar should be Decreasing.
  4. PinBar Wick Increase? (Y/N): Lower shadows of the last three candles should be increasing and upper shadows for the bearish pattern.
  5. Alert On Reversal PinBar Pattern? (Y/N): Individual pattern alert should be On, Otherwise, they will appear on the chart but not throw an alert.
  INSIDE PINBAR PATTERN OPTIONS----------

  1. PinBar + Inside On? (Y/N):
  2. Inside + PinBar On? (Y/N):
  3. Alert On Pattern Detect? (Y/N): Self-explanatory!
  4. Alert On Breakout? (Y/N): Alert on Breakout beyond Hi/Lo of Mother bar in the direction of the pattern. 
  5. Breakout Type: Tick price (Arrow on same candle of breakout) Or Closing Price (Arrow on Next candle after Breakout has closed beyond Hi/Lo).   
  6. Upper/Lower Lines On? (Y/N): Line extending from High and Low of Mother bar
  7. Breakout Max Bars: 1-3, Beyond the inside bar, how many bars user is willing to wait for the breakout.
  8. Reverse Breakout On? (Y/N): Alert on Breakout in either direction. PLEASE SWITCH OFF WHILE USING BOUNCE FILTER(***)

  OUTSIDE PINBAR PATTERN OPTIONS-----------

  1. PinBar + Outside On? (Y/N):
  2. Outside PinBar On? (Y/N):
  3. Alert On Pattern Detect? (Y/N):
  4. Alert On Breakout? (Y/N): Breakout In the direction
  5. Breakout Type: Tick price Or Closing Price
  6. Proximity Zone Bars: Distance between Pinbar and Outside bar
  7. Reverse Breakout On? (Y/N): ***

Since I am running out of word limit, I am just going to give the highlights.

  • DUAL PINBAR PATTERN OPTIONS--------------
  • TEXTBOOK PINBAR PATTERN OPTIONS--------
  • LABEL: Inside-pinbar combo and Outside-pinbar combo have labels INITIALS that can be turned on and off
  • TREND FILTER SETTINGS: Option to allow Buy signal during an uptrend and Sell Signals during a downtrend. MAs and MACD settings can be customized as well.
  • RSI FILTER SETTINGS: To selectively scan for the patterns in an Overbought or Oversold zone. HTF RSI check available.
  • BOUNCE FILTER: Please read Blog.....
  • All Alerts and ON CHART PRINT. 

ARROWS DO NOT REPAINT AND ARE CODED TO APPEAR ON CURRENT CANDLE WHEN THE INPUT CONDITIONS ARE MET. ALL ARROWS COME WITH BUFFERS TO FACILITATE EA DEVELOPMENT. Please test in the demo version and see if this helps in your style of trading and then rent it.

SAFE TRADING EVERYONE. 




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100%没有未来函数 适用于EA用家及手动操作用家  这个是我们第一个指标产品 尽管我们一直不相信任何指标 原因编成上面的存在未来函数(例如RSI MACD)导致有重绘的情况 所以才研发这个指标 避开重绘的情况 此指标显示两个部分  每天预测的支持跟阻力位置 每个货币配合EA用家寻找那个货币对去进行买卖d 讯号: https://www.mql5.com/en/signals/618789 EA 用家: 多货币对显示 用家可以使用自己的EA产品 或者我的EA产品 ( https://www.mql5.com/en/market/product/32367 )  寻找适当货币对进行操作 去配合各种策略 图表显示每天大机会方向 亦可以使用EA做单方向的马丁策略 手动操作用家 指标每天显示当然的支持及阻力位置 配合开盘后 较大机会的方向 可以选择在重大新闻时候开仓建仓 每天可以尝试根据自己的技巧入市 图表有建议方向  若价格到上方敏感区域 可以TP或者新仓做空 突破区域部分 可考虑止损 相反也是
299 USD
Supreme Commander
Ramon Sobrevals Arce
💢💢  LUNCH OFFER  💢💢 the first 15 purchases << Now only $199 after $299!! >>  We are glad to introduce you to the indicator of the indicators . The Most Powerful Technique to Determine Forex Trend Strength in 2020. We have perfected Supreme Commander that it calculates an average of the selected indicators (up to 16) and the selected timeframe (all) with the result of a single trend that indicates the potential of buying and selling.  🌟 The main goal🌟 for this algorithm is to determine acc
199 USD
Breakout Sniper
Elmira Memish
Breakout Sniper draw trendlines by using improved fractals and plots the breakout and reversal points. NO REPAINTS By using the Multi Period and Multi Timeframe  - Easily identify the potential reversal and breakout levels. - Plot the patterns like triangles, head and shoulders, wedge patterns, cup and handle patterns etc. - Indicator draws arrows only when a breakout happens. - You can see the uncompleted/forming trendlines as well. INPUTS: Signal Mode: After Close ( Puts Arrow afte
200 USD
Magic Typhoon
Tuan Anh Dao
*** THIS MOST POWERFULL INDICATOR, I WILL SELL ONLY 10 Pcs, OR THIS WILL CLOSE AT THE END OF OCTOBER *** The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1,2 minutes. The indicator suitable for Auto and Manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: US section Currency pairs: Any Working time frame: M1 Expiration time
480 USD
Magic Tornado
Tuan Anh Dao
*** THIS MOST POWERFULL INDICATOR, I WILL SELL ONLY 10 Pcs, OR THIS WILL CLOSE AT THE END OF OCTOBER *** 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
480 USD
Gann Dynamic Square
Naveen Saroha
INTRODUCING WORLD'S FIRST MT4 & MT5  Gann Dynamic Square, Circle and Equilateral Triangle  To Analyze Market Geometric Relationship. Gann Dynamic Square  has some of the most impressive features you will ever find in Gann & Geometric Analysis world. The Gann Dynamic Square is a tool to draw offset Square,Equilateral Triangle & Circle. Most charting software or MT4/MT5 market indicators don't have these features. You will be able draw your Geometric shapes like a professional geometric analy
299 USD
Strategy Improver
Ramon Sobrevals Arce
We are glad to introduce you to the tailor of the strategies and Ea. We have programmed this indicator to monitor the strategies you have selected. In other words, have you ever liked knowing what would happen if you chose “x” strategies? would you like to have the information of more than 50 strategies combinations to use it for further operations? If it so, you got the perfect tool. Strategy improver give you the answer. It provides you the information to filter your strategies to be the maxi
299 USD
Harmonic Papallons
Ramon Sobrevals Arce
 We have perfected this indicator to predict  accurately the future market movements. Harmonic Papallons will give you the best price within a REVERSAL. Automatically scans the chart to find these Harmonic Patterns, and give you the chance to enter early in good operations. Also if selected, it will alert you in advance when future patterns appears. 🌟 The main goal🌟 for this algorithm is to determine with high precision the moment when a trend ends and a new one begins. THE  G ✪ LDEN TRADE, T
149 USD
Price Action Support Resistance Levels
Javad Farzaneh Verdom
This is a price action support resistance level indicator for MT4, simply working in all time frames and all chart types.  It creates Major support/resistance in specified time frame. You can also add a support/resistance level manually. For doing this, first add a horizontal line to the chart and rename it to 'Line'.  Input variables: timeFrame: You can select one of these values (M1, M5, M15, M30, H1, H4, D1, W1 and MN) or leave it empty to use Current Timeframe. majorLineColor: To specify c
290 USD
Automated Actual Support Resistance A2SR
Yohana Parmi
A. What is A2SR ? -- Full guidance : -- at   https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- and  https://www.mql5.com/en/users/yohana/blog A2SR has a special technique in determining the levels of Support ( demand ) and Resistance ( supply ) . Unlike the ordinary way that we seen on the net, A2SR has a original concept in determining actual SR levels. The original technique was not taken from the internet, and it has never been published on the internet either. A2SR will
250 USD
Boost Trading System Premium Breakout Signal
Sebastian Alejandro Merino Sepulveda
⭐️⭐️⭐️⭐️⭐️ By buying this free indicator you get the 3 BOOST that I have published in MQL5 ⭐️⭐️⭐️⭐️⭐️ BOOST SIGNALS   -   BOOST TRADING SYSTEM PREMIUM ARROW   -   BOOST BREAKOUT Do you want to become a consistently profitable 5-star forex trader?  ⭐️⭐️⭐️⭐️⭐️ 1.  You can contact me by telegram app   to solve all kinds of questions about my indicator 2.  As soon as you buy the indicator, I will automatically give you the "TLP" template for forex and binary options once you have   contacte
150 USD
Quants Forex Zones
Ferhat Mutlu
ONLY 1000 COPIES WILL BE SOLD AT TOTAL. AFTER EACH BUYER PRICE GETS INCREASED BY 1 $ ITS MULTIPAIR AND MULTI TIMEFRAME SUPPORT RESISTANCE DASHBOARD. IT CAN BE TESTED ONLY LIVE. Please once you purchase contact with me through mql5. So we can make sure dashboard working correctly on your platform. Nested Forex Zones are designed to fetch all key levels in one chart to find bounce and breakout areas. Everything you can imagine are fetched from multi-timeframe in to one dashboard to spot ne
229 USD
Boost trading system premium
Sebastian Alejandro Merino Sepulveda
⭐️⭐️⭐️⭐️⭐️ By buying this free indicator you get the 3 BOOST that I have published in MQL5 ⭐️⭐️⭐️⭐️⭐️ BOOST SIGNALS   -   BOOST TRADING SYSTEM PREMIUM ARROW   -   BOOST BREAKOUT Do you want to become a consistently profitable 5-star forex trader?  ⭐️⭐️⭐️⭐️⭐️ 1.  You can contact me by telegram app   to solve all kinds of questions about my indicator 2.  As soon as you buy the indicator, I will automatically give you the "TLP" template for forex and binary options once you have contacted
150 USD
NOHO Market Profile Professional
Guillermo Noval
LIMITED TIME OFFER 30% OFF! NOHO Market Profile shows the market's price activity recorded in relation to time in a statistical bell curve, outlining the most important price levels, value area and control value of several time frames trading sessions. Get full control of your trading with several market profile sessions designed for a deeper analysis of the markets. Improve your Scalping and Intradia analysis with fully adjustable map periods from 15 minutes to monthly. New Remote Control tha
210 USD
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Dmitry_85 2019.08.26 11:44 
 

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版本 2.51 2019.11.27
1.Increased the number of lines in Bounce feature to as many as 3...so you can use strong SR zones.
2.New Feature to adjust the position of Arrow between normal chart and Heiken ashi chart.
版本 2.1 2019.08.09
Minor code improvements.
版本 2.0 2019.08.08
Revolutionary Bounce Filter..Please read the blog for more detail
版本 1.51 2019.01.29
Settings optimized for faster loading on to chart.