the indicator was created by a former employee of a hedge fund. It automatically detects the most likely pin bars.

The particulars and trading procedure are presented in our brief videos.

• Simultaneous observation of 28 pairs.
• tracking of all timeframes – from M1 into MN.
• Real-time alerts when a strong pin bar is discovered.
• The RSI is used as a trend filter to correctly identify potential trend reversals.

• RSI phase: the filter configurations of RSI
• RSI Up amount: The overbought level for the RSI filter. The pin bar must be formed above this level to be considered valid.
• RSI Down Level: The oversold level for the RSI filter. The pin bar must be formed below this level to be considered valid.
• Pinbar Percent: The maximum allowed body-to-length ratio. The lower the percentage value, the smaller the candle body.

For example:

• With a value of 5, the body of the candle can be a maximum of 5% (1/20)of the entire candle.
• At a value of 10, the body of the candle can be a maximum of 10% (1/10)of the entire candle.
• At a value of 25, the body of the candle can be a maximum of 25% (1/4)of the entire candle.

The lower the value, the more pronounced the pin bar should be.

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• Symbols: Select pairs to monitor. By default, the indicator tracks 28 major pairs, but you can reduce their number.
• Alert on M1: Alert on M1-True = yes, False = No
• Alert on M5: Alert on M5-True = Yes, False = No
• Alert on M15: Alert on M15-True = Yes, False = No
• Alert on M30: Alert on M30-True = Yes, False = No
• Alert on H1: Alert on H1-True = Yes, False = No
• Alert on H4: Alert on H4-True = Yes, False = No
• Alert on D1: Alert on D1-True = Yes, False = No
• Alert on W1: Alert on W1-True = Yes, False = No
• Alert on MN1: alert on MN1-True = yes, False = No

Detailed information is provided in the screenshots below. If you have any questions, please contact us.

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