Pin bar indicator at the close of the candle | Forex Factory

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Pin bar indicator at the close of the candle

  • #1
  • First Post: Feb 11, 2015 11:12am Feb 11, 2015 11:12am
Hi, I tried this indicator, but unfortunately indicates pinbar late.
It is possible to change it and to score the pinbar immediately after their closure?
Or, you know a similar indicator?
Thank you so much, Good day


P.S. I need this for Indices
Attached File(s)
File Type: mq4 Patterns.mq4   11 KB | 750 downloads
  • #2
  • Feb 11, 2015 3:04pm Feb 11, 2015 3:04pm
With my complements...hope this helps...I really don't think it matters however.

This will color the pin bars that meet the coded criteria...I have disabled the sound because it become annoying after awhile.
Attached File(s)
File Type: ex4 PinBar2.0.ex4   11 KB | 1,202 downloads
  • #3
  • Feb 12, 2015 1:32am Feb 12, 2015 1:32am
Thanks I appreciate your help!
Unfortunately it is not what I look for, that indicates few pibar.
Other ideas?
Thanks again
  • #4
  • Feb 12, 2015 8:41am Feb 12, 2015 8:41am
Quoting smoki
Thanks I appreciate your help! Unfortunately it is not what I look for, that indicates few pibar. Other ideas? Thanks again
I'm not sure what you mean..."few pinbar". This indicator highlights ALL "Pin bars" that meet the criteria:

  1. Range of pin bar is >= average range of last 3 bars
  2. Open and close of pin bar are either in the upper 1/3 of the candle or the lower 1/3 of the candle...

Was there another criteria you wanted? If so, you need to be more specific.

  • #5
  • Feb 12, 2015 8:44am Feb 12, 2015 8:44am
For example, the indicator that I have attached it also signals other.
Anyway I tried it and not the good signals in real time. It happens that, putting the indicator again, reports the pinbar past but did not report in live.
Thanks
  • #6
  • Last Post: Feb 12, 2015 8:59am Feb 12, 2015 8:59am
Quoting smoki
For example, the indicator that I have attached it also signals other. Anyway I tried it and not the good signals in real time. It happens that, putting the indicator again, reports the pinbar past but did not report in live. Thanks
So if I understand you...you want an indicator that highlights pinbars AND other signals? why can't you use the pin bar indicator in addition to your other indicator "patterns"...I am sure the pin bar at least will notify you in real time as they form...the others...I don't know I didn't code that.
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