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MetaTrader 4 Indicator | PinBar

The indicator marks the pin bars on the chart based on the parameters set, such as:

  • the maximum size;
  • the minimum size;
  • the "depth" of a pin bar (opening and closing price zone in percentage of the size);
  • mark only on daily extremums.

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The indicator settings window

MetaTrader Experts, Indicators, Scripts and Libraries

The chart's display at "Only extremum = false"

MetaTrader Experts, Indicators, Scripts and Libraries

The chart's display at "Only extremum = true"

Hints:

  • As the pin bar is a "Price Action" pattern, it is recommended to use a timeframe no lower than H1.
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