Pinbar Detector MT4 - MetaTrader 5 Script | Trading Script Download - MetaTrader 4 Resources
Pinbar detector is a MetaTrader indicator that attempts to detect Pinbars (also known as "Pin-bars" or "Pin bars") and mark them by placing "smiley" symbols below Bullish Pinbars and above Bearish Pinbars. It is a pure price action indicator and does not use any standard technical indicators in its code. The configuration of Pinbar detection can be done through the input parameters of the indicator. Pinbar Detector can issue platform alerts and email alerts upon detection. This indicator is available on the MT4 and MT5 versions of the trading platform.
Customize LeftEyeMinBodySize (Default = 0.1) — Minimum size of left eye subject relative to bar length.
Customized nose protrusion (Default = 0.5)—The minimum protrusion of the nose bridge relative to the length of the bridge.
Customize NoseBody to LeftEyeBody (Default = 1) — The maximum size of the nose body relative to the left eye body.
Customize nose length to left eye length (default = 0) — Minimum nose length relative to left eye length.
Custom left eye depth (Default = 0.2) — The minimum depth of the left eye relative to its length. Depth is the length of the bar section behind the nose.
Attachment download
📎 pinbardetector.mq5 (11.5 KB)
Source: MQL5 #55460
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