The Pinbar Detector tries to identify the pin bars and ,arks them with “smileys” below the bullish and above the bearish figures. This indicator uses only the price levels in its calculations, without any standard technical indicators. The configuration of pin bars determination can be changed by means of input parameters. Pinbar Detector can generate notification about the detection of pin bars both inside the platform and by e-mail.
MT4 Indicators – Download Instructions
Pinbar Detector is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Pinbar Detector provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Pinbar Detector.mq4?
- Download Pinbar Detector.mq4
- Copy Pinbar Detector.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Pinbar Detector.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Pinbar Detector.mq4 is available on your Chart
How to remove Pinbar Detector.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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MT4 Indicators Download below: