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pin - Indicator for MetaTrader 4

pin
TypeIndicators PlatformMT4 Version10 Date created16 June 2015 Date updated20 July 2017
Formatmq4 Size11Kb Downloads88 Rating
3.8 of 5
based on 98 rates

The indicator is developed for integration into the MT4 trading platform. It marks the pin-bars corresponding to the given parameters on the chart. The list of options available for selection includes:

  • The maximum size of the bar;
  • The minimum size of the bar;
  • Percentage between the size of the bar and the zone between the open and close prices;
  • The ability to mark only the extremes on the chart.

The creator of the indicator recommends using it on the timeframes not lower than H1.

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