PinBar - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
The indicator marks pin bars on the chart based on set parameters, for example:
Indicator settings window
Chart shows "extreme values only = false"
The chart shows "only extreme values = true"
Attachment download
📎 pin.mq4 (8.48 KB)
Source: MQL5 #13703
PinBar - MetaTrader 4 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
PinBar - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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