Forex Pin Bar Indicator Settings:
Description best pin bar indicator mt4:
Forex indicator “PIN” recognizes one of the best candlestick patterns PINBAR. Together with your trading strategy, this will be a good entry point. It can also be used on binary options.
The PIN BAR indicator shows the reversal candles.
- Depth of pinbars in percents: Size of the tail of a candle.
- Maximum range: The maximum range of a candle in pips.
- Minimum range: The minimum range of candles in pips.
- Only extremum: Only extreme values. Makes fewer signals, but more accurate.
The Pin BAR indicator is working on the metatrader 4 terminal (mt4, mq4, ex4).