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My Pin Scouter Indicator for use with Pin Trading

  • #41
  • Mar 8, 2010 11:40am Mar 8, 2010 11:40am
Hey Dude,

Thanks for sharing and being so generous. I wanted to know if you could also post for 4 digit as my broker is IBFX

Thanks,
  • #42
  • Feb 11, 2011 1:16pm Feb 11, 2011 1:16pm
Quoting alouisos
Well guys,

I have to admit that there are a lot to know about pins.

I studied them and then I realized a lot that I didn't include in previous versions of the Pin Trader EA, like the nose the eyes etc.

Then I revised the pattern recognition system in the Pin EA.

The result is spectacular!!! Pin Trader EA V3.0 is profitable in the long term!

Not only is it profitable, but it compliant to the Forex World Cup Rules for submission to the next championship!

Look the backtest for 2009:

http://www.forexrobotscoach-louizos.....0Test2009.htm

So...
I browse through the forum threads but still not able to load upi EX4 into the MT4 chart. It seems to be removed everytime I tried to drag it across to the chart.

But I can drag only MQ4 file.

Hope some one can help as I needed this pin bar EA by L.A.

By the way, a very basic question - What is the difference between MT4 and EX4? Both are EA right.
  • #43
  • Apr 24, 2011 4:49am Apr 24, 2011 4:49am
Hi, me too.
Can only see mq4 indis.
mq4 and ex4 indis are in the right place -> experts -> indicators !!
  • #44
  • Apr 24, 2011 3:02pm Apr 24, 2011 3:02pm
Quoting Trentano
Hi, me too.
Can only see mq4 indis.
mq4 and ex4 indis are in the right place -> experts -> indicators !!
If you're using Windows Vista, then you'll probably need to either (1) sign on as system administrator, and/or (2) reinstall MT4 somewhere other than under the Program Files folder.

Although I don't run Vista myself, my understanding is that it does not allow data to be written to certain files under the Program Files folder.

I figure that Microsoft should compensate me for my time, every time I have to post the above message. At $10 a post I'd be a millionaire by now.
  • #45
  • Apr 25, 2011 4:39am Apr 25, 2011 4:39am
Quoting hanover
If you're using Windows Vista, then you'll probably need to either (1) sign on as system administrator, and/or (2) reinstall MT4 somewhere other than under the Program Files folder.

Although I don't run Vista myself, my understanding is that it does not allow data to be written to certain files under the Program Files folder.

I figure that Microsoft should compensate me for my time, every time I have to post the above message. At $10 a post I'd be a millionaire by now.
Hi,
thanks for your quick reply, but the problem is still going on.
Using Windows 7 64 bit and i´m in as administrator.
Only the mq4 files are visible.
Thank you again. Sorry for my bad english
  • #46
  • Edited 9:53am Apr 25, 2011 8:35am | Edited 9:53am
Just because you can see the files in a folder does not mean they are actually in the folder. Windows 7 can move the files to a user folder but makes it appear that the files are still where you put them. See 'folder virtualization' for more info.


Options:

 

  1. Install or copy mt4 to the user folder and run it from there. Does not always work in my experience. Have not invested the time and energy to find out why.
  2. Grant the user or all users read/write access to the MT4 folder.
  3. Grant the user ownership of the metatrader files & folders.
  4. Turn off UAC. Not really recommended. You take full responsibility!
  5. Run MT4 in Windows XP.

Related threads:
http://www.forexfactory.com/showthread.php?t=260982
http://forum.mql4.com/17184#152618
http://forum.mql4.com/21597#159527

I agree with Hanover on Microsoft owing compensation for the handling these questions.

  • #47
  • Dec 20, 2011 5:29am Dec 20, 2011 5:29am
Quoting alouisos
Hello friends of Forex Factory forum,

I am Louizos Alexander Louizos. I have experience in programming from my computational quantum mechanics background.

You know pins. They are an excellent trading pattern.

You may learn more about pins here:

http://www.forexfactory.com/showthread.php?t=163972

I have created an indicator that automatically finds Pins in charts.

Copy it in /experts/indicators folder and activate it on a chart.

You will need to open a new chart if you wish to reopen it because the recognized...

I must confess I like your idea of identifying pin bars. But I want to ask if it is possible to edit this to only appear when price is rejected at either support or a resistance level with a pin bar.
The definition of support or resistance maybe either highest high or lower low, as the case may be. I will also like the character reduced, so that it can appear only on the bar and not cluster the bars.
  • #48
  • Mar 4, 2016 12:49am Mar 4, 2016 12:49am
I wonder what happened to this EA. It seems promising. Anybody tried and succeeded?
Imparo ancora
  • #49
  • May 18, 2016 7:29pm May 18, 2016 7:29pm
Hi alouisos,

I have been training really deeply into pinbar trading with Ezekiel from Singapore, a great guy and leader in this field.

Of course, to trade with pinbars you have to study every chart of every currency pair and that takes time.

So if your pinbar indicator works well, then I'll give you some feedback.

There are some other pinbar indicators, but not so accurate, so far.
So I'm looking forward to testing yours.

I am happy to work things out together, too.

I'm an Englishman, teaching English in China right now, but I'm returning to England at the end of June.
I'm also a jazz singer. You can hear me if you like jazz on:
http://www.tudou.com/programs/view/ym-Os2k9vA8/
I also teach singing.

But my teaching income is very low, so I am training to earn money on Forex.
I'm also very interested in finding ways to do things more quickly, and saving time, so your indicator could be very useful to me, as it seems that pinbars are the most accurate ways of trading forex.

Well, let's keep in touch.

Regards,
Richard
  • #50
  • Feb 12, 2018 10:53pm Feb 12, 2018 10:53pm
I need an indicator that would send me an allert (not sure what type of allert) when it see a pin bar or doji on various TF like 1h 4h 8H daily etc...
Do you know any that could do that ? I've found various EA and indicators for pinbars but they have so many options that i dont need and some even take the trades themself, i dont need that i want to make my analysis myself after getting the alert.
  • #51
  • Feb 13, 2018 6:59am Feb 13, 2018 6:59am
Pin Bar has many shapes and sizes so that you might need one that can show several shapes according to your requirements.

Meaning that you may need three or four instances of a pin bar indicator to catch them all, that is why the indicators are looking complex.
  • #52
  • Last Post: Feb 15, 2018 2:22am Feb 15, 2018 2:22am
yes just some basic settings like having a wick twice the size of the body, then i'll filter manually from that.
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