the index looks for Price Action pin bars on the chart and marks them. additionally, a sign pointer is placed in the opening price following the pin bar of the candle found.

There are four parameters for filtering candlesticks:

• minimum size of a candle from low to high – the minimum size of the desired candle in points from High to Low, less than candles are skipped. The parameter is defined as for four-digit quotations.
• Maximum size of the candle body relative to its shadows – the maximum size of the candle body relative to its shadows. establish between 0 and 1. If the size of the body of the desired candle is larger than the specified parameter, then such a candle is skipped. 0.33 = the size of the candle body should be no more than a third of the total candle size from High to Low.
• Position of the body relative to the previous candle – the position of the body of the pin bar candle relative to the High and Low of the previous one. Set between 0 and 1. If the middle of the pin bar candle body is not above (short) or below (long) the specified limit, then such a candle is skipped. 0.25 = The opening of the candle should not be lower than the upper quarter of the previous candle (for short) and not higher than the lower quarter of the previous candle-for long.
• Aspect ratio of the shadows – the ratio of the size of the shadows of the pin bar candle. Says how many times the value of the “signal” shadow should be greater than the size of the opposite shadow. The value cannot be less than 0.1.

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Parameters:

• Use Alerts-enables / disables the output of alerts about the presence of a signal.
• Send Push-notifications-send push messages about the found pattern.
• Send mail – e-mail-informing about the found pattern.

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