Pin bar pattern is characterized by a long upper or lower wick with a small body relative to the size of the wick with little to no lower or upper shadows.
Pin bars are not to be traded in isolation , but need to be considered within the larger context of the chart analysis.
A pin bar entry signal, in a trending market, can offer a very high-probability entry and a good risk to reward scenario.
Inputs
- MinimumTailPips- Minimum size of Tail in pips;
- TailBodyCandle- means how many times Tail greater than Body of candle;
- AlertOn - enable alerts;
- EmailAlert - enable email alerts;
- PushAlert - enable push notifications;
