• Thu. Jan 14th, 2021

DadForex

All about Forex trading

Pinbar Detector Indicator: Simplifying Price Action Trading

Forex indicator Pinbar Detector is a simple and effective tool for finding the Pinbar pattern of Price Action trading tactics on the price chart.

Pinbar detector forex MT4 indicator

Pinbar Detector is designed to identify the Pinbar on the price chart – one of the most common Pinbar patterns of Price Action trading tactics.

Having detected a pin bar, the Pinbar Detector indicator marks it with smiling faces, the color and location of which depends on the bullish or bearish nature of the pattern.

The indicator Pinbar Detector uses only price levels in its work and has a wide range of settings for detecting pin bars.

Despite its seeming simplicity, the Pinbar Detector indicator will greatly make things easier trading with Price Action tactics and can be used in any trading strategy.

Features of Pinbar Detector indicator

  • Platform: Metatrader 4
  • Ability to change settings: Yes
  • Timeframe: any from 1 Minute to Daily
  • Currency pairs: any

In pinbardetector.zip file you will find:

  • pinbardetector.ex4

Download Pinbar Detector indicator for free: