The indicator marks the pin bars on the chart based on the parameters set, such as:
the maximum size;
the minimum size;
the “depth” of a pin bar (opening and closing price zone in percentage of the size);
mark only on daily extremums.
MT4 Indicators – Download Instructions
PinBar is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
PinBar 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.mq4?
- Download PinBar.mq4
- Copy PinBar.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.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator PinBar.mq4 is available on your Chart
How to remove PinBar.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: