The Pin Bar Detector Forex indicator for MT4 detects and displays pin bar trading patterns for all currency pairs and time frames.
Pin bars deliver the best results when combined with other trading patterns and/or with technical indicators.
The indicator is lightweight and will not slow down your trading platform.
Buy & Sell Trade Example
- A green smiley represents a bullish pin bar.
- A red smiley represents a bearish pin bar.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “pinbardetector.mq4” indicator for MT4
Indicator Chart (GBP/JPY M5)
The picture below shows the Pin Bar Detector mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit strategy to trade with the Pin Bar Detector Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Candlestick pattern
Does the indicator repaint? No.
Download Now
Download the “pinbardetector.mq4” indicator for Metatrader 4
