Pin Bar Indicator needs modifying

Hi,

I have this indicator, it does a decent job of showing pin bars. But it has a peculiar quirk. Once a perfectly valid pin bar signal forms, it might be erased depending on the next bar. Let's say a bullish pin bar forms with a long lower wick. If the next candle goes below the low of the formed pin bar, the pin bar signal (smiley face) disappears. I have no programming experience. Can someone help me modify the indicator please, so that this does not happen? A pin bar, once formed, should remain a pin bar, whatever happens after that.
Case in point: look at the candle in the green rectangle, it had the pin bar smiley after it closed, then it disappeared when next candle broke through the low.

Thanks, much appreciated

pin bars at the swing hi, lo are very good thats why its erasing the PB if its low/hi is broken

Roundrock, not sure I understand what you mean. What you said is true. But, if you look at the chart I attached, at the point when the bar in green rectangle formed, you would not know whether it was going to be a swing hi, lo. All you would see is a nice long-wicked bar, the indicator signal (smiley face) and take a long trade. Of course, you would have got stopped out by the next candle, which is fine.

Here's my main issue with the erasing of PB signals:- If you try to visually backtest a chart using this PB indicator, you see tons of successful trades. This is because all the failed trades don't show up (because it erases most of the failed signals). That's not correct. I want to be able to see all the good as well as failed trades.

Would someone be kind enough to take a look at the indicator and modify it, if possible, please?

hi,

check the modified indicator below

brilliant!!
works great, thanks so much, much appreciated

Just want to say thank you for making the changes to this - I devised a pinbar strategy that I visually backtested and it make 50% every month - then I demo'd it and it didnt'. Turns out in the history the pinbars indicators are being taken out if broken by the next bar - very frustrating!

But thank you for the changes!

W