ExpPinBar - Expert Advisor for Pin Bar price action patterns - Expert Advisor for MetaTrader 5

ExpPinBar EA trading is based on the price action PinBar indicator . Open a position based on indicator signals. To manage open positions, the trailing library is available: Classic, Parabolic SAR indicator, Moving Averages AMA, DEMA, FRAMA, MA, TEMA, VIDYA, as well as high and low candlestick shadow levels.

Settings for the pin-bar indicator:

Advisor settings:

Track settings:

This iPinBars indicator and trailing library Expert Advisor are required to run.

An example of the work of the Expert Advisor for the last year on EURUSD H4 with fixed stop levels and using a simple trawl:

A simple strategy based on two indicator signals, Williams Percent Range (WPR) and Bollinger Bands (BB). Open a position only if the signals of both indicators coincide.

It signals the end of a period of low market volatility and heralds large price swings.

The goal is to show a code that shows the calculation of ATR using Wilder smoothing

WaveWeisBarForce is a custom indicator based on Weis Waves logic. It accumulates volume into directional waves (bullish or bearish) and displays them as a histogram with intensity levels. Bullish Waves: 4 levels of green, from light to stone gray. Bearish Wave: 4 levels of red, from light to red. WaveMax (white): Shows the bar with the highest volume within each wave. WaveClimax (yellow): Highlights the cumulative volume record for each wave. This indicator helps traders visualize market pressure through volume accumulation and wave intensity, thereby improving intraday and swing analysis.

Attachment download

📎ExpPinBar.mq5 (93.63 KB)

📎 iPinBars.mq5 (17.27 KB)

📎 Trailings.mqh (107.4 KB)

Source: MQL5 #63971