Hi All,
This will be short and simple, going thru this forum i found somewhere PINBAR indicator which only looks for sharp pins in a ratio of tail is 60% and body consist of 40%. I assume this indicator is useable in all TF, however if you manually backtest to a formula of entering a trade after a formation of a pinbar indicated where the SL will be the end point of the tail and obviously try taking minimum range profit based on pair behaviour and its timeframe.
I'm just wondering is there anywhere possible to have an EA for this indicator... it seems profitable if you used it on bigger time frame.
Please let me know your feedback.
Cheers!.
BSM
This will be short and simple, going thru this forum i found somewhere PINBAR indicator which only looks for sharp pins in a ratio of tail is 60% and body consist of 40%. I assume this indicator is useable in all TF, however if you manually backtest to a formula of entering a trade after a formation of a pinbar indicated where the SL will be the end point of the tail and obviously try taking minimum range profit based on pair behaviour and its timeframe.
I'm just wondering is there anywhere possible to have an EA for this indicator... it seems profitable if you used it on bigger time frame.
Please let me know your feedback.
Cheers!.
BSM
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PinI4Bbar AHA 0.2.mq4
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