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PinBar Trader

Pin-Bar Trader is a fully automatic Expert Advisor designed for trading Price Action candlestick patterns - Pin bars.


Key advantages of the EA

  • Simple and intuitive trading system. When you understand the way the EA works, you can easily monitor and customize it.
  • Trading on the higher timeframes: the Pin bar trading strategy is intended for the timeframes H1, H4 and Daily.
  • A strict use of Stop Loss orders to protect the capital from significant losses.
  • The Expert Advisor does not use martingale, grid or any other risky techniques.
  • Diversification of risks through the use of multiple currency pairs in trading simultaneously.


The Expert Advisor Operation Principle

When a Pin bar pattern is formed on the chart, the EA looks for a trade on the next candle.

When the price returns to the Pin bar range, a trade is opened by two orders.

Stop loss of both orders is placed beyond the extremums of the Pin bar.

The first order is closed by take profit at the border of the Pin bar.

The second order is closed by a larger take profit, for example, with a 3 to 1 or 3 to 2 ratio to stop loss.

It is possible to customize the EA according to your preferences and to optimize the parameters.


Description of Pin-Bar Trader input parameters

  • TimeFrame - timeframe to search for Pin bars.
  • Lots - trade volume.
  • IgnoreSellSignal - ignore sell signals (used for trading on bullish markets - stocks, stock indices, etc.)
  • IgnoreBuySignal - ignore buy signals (used in downtrends).
  • BullBearTrade - consider the color of the Pin bar.
  • MoveStopLossToNoLoss - transfer stop loss to breakeven.
  • ProfitToStopLossRatioForStopLossMoving - ratio of profit to stop loss for transferring the open order to breakeven.
  • CandleBodyNoMoreThanPercent - candle body must not be greater than the specified percentage of the total candle size.
  • CandleBodyLaysInThePartPercent - the candle body lies in the top or bottom part of the candle.
  • CurrentDayReturnPercent - percentage of the Pin bar range the price must roll back to open a trade (for example, 50% or 38.2%)
  • StopLossMarginFromPinBarShadowInPips - offset from the candle wick to set Stop Loss.
  • FirstTakeProfitMarginFromPinBarShadowInPips - offset from the candle wick to set the first TakeProfit.
  • SecondTakeProfitSize_InStopLosses - value of the first TakeProfit relative to Stop Loss.
  • MinimumPinBarSize - the minimum size of a Pin bar.
  • MaximumPinBarSize - the maximum size of a Pin bar.
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TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
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Alexander Kozachuk
4.75 (12)
Statistiche su un conto reale dal 2020 Backtest degli ultimi 13 anni Strategia a basso prelievo Algoritmo multivaluta Compatibile con qualsiasi broker Comprovato sistema di controllo del prelievo Trading su un conto reale dal 2020 : Fai clic qui Trading su USDCAD, EURGBP, GBPUSD, EURUSD: Fai clic qui Trading su EURGBP: Fai clic qui Trading su GBPUSD: Fai clic qui Backtest completi di FXMachine EA disponibili per il download qui: Clicca qui Chi siamo: Lo sviluppo e il support
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Marzena Maria Szmit
4.39 (23)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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Marzena Maria Szmit
5 (10)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
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Lo Thi Mai Loan
5 (4)
Il prezzo attuale è il prezzo promozionale e aumenterà presto. Il prezzo finale del prodotto è: $5566. Ci sono solo poche copie rimaste al prezzo attuale, il prossimo prezzo è $566. Controlla i risultati live qui: Segnale personale live:   [Clicca Qui] $50K Segnale personale live:   [Clicca Qui] Segnale live proposto:   [Clicca Qui] Versione MT5 qui:   [Clicca Qui] Prova di pagamento e offerta combo definitiva How to install   |   Download SetFile Benvenuti in Quantum Algo Trading MT5 E
HFT Prop EA
Manpreet Singh
4.95 (252)
HFT PROP EA is the High Frequency Trading Expert Advisor (EA/bot) designed to pass proprietary trading firms (prop firms) challenges which use stop orders to enter the trades when market is trending, It is basically designed for US30 just at opening of US30 in New York Session till it remain in its trending nature for 15-30 minutes, and using HFT PROP EA you can pass the challenge within few minutes for prop firms who doesn't have any lot size cap. Special benefit for buyers who share their re
SouthEast
Sugianto
5 (13)
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
AI Gen XII EA This is an Expert Advisor with the latest use of Artificial Intelligence and Neural Networks. The EA runs on the top-of-the-line GPT-4o platform and also uses Advanced Discrete Fourier Imaging in ATFNet aligns the frequency spectrum of the input series, allowing for a more complete analysis of time series data. The EA also boasts trading on different strategies simultaneously and matching backtest trades and real trading, which is very important in its time.  Details about Advisor
Tiger Trade Pro
Soraya Bahlekeh
5 (7)
Prezzo originale $269 → Sconto del 50% solo $129 Risultati Live :   link in Bio Tiger Trade Pro - La tua chiave per un trading sicuro! Tiger Trade Pro è un EA reale e costantemente redditizio che utilizza il sistema Scalp-Trend e presenta un rischio molto favorevole rispetto ad altri EA simili. Questo EA offre impostazioni semplici e avanzate per adattarsi al tuo stile di trading. Impostazioni personalizzate:  Che tu preferisca la semplicità o i controlli avanzati, Tiger Trade Pro ti copre
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9493257 2020.11.04 11:40 
 

Hello sir, I bought the pinbar trader EA but I have a problem, when I configure it not to make purchases, it still makes them, and when I configure it not to make sales, it still makes them. can you fix that situation?

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