Pin Bar a.k.a. "Pinocchio Bar"

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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby Apprentice » Wed Mar 22, 2017 5:54 pm

Indicator was revised and updated.
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby baccicin » Thu Mar 23, 2017 12:02 pm

Hello Apprentice, may I ask to add these conditions?
an arrow is shown only if:
- the spike is at least 75% of the total range of the candle and, in an uptrend the spike shoots up and the "high" is higher than the last 4 highs; the opposite shadow is no more than a 3% of the total range of the candle
- the spike is at least 75% of the total range of the candle and, in a downtrend the spike shoots down and the "low" is lower than the last 4 lows; the opposite shadow is no more than a 3% of the total range of the candle
The best would be the possibility to change these options in the parameters, so to change them if needed.
Many thanks, ciao. Fabio
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby Apprentice » Thu Mar 23, 2017 1:36 pm

Your request is added to the development list, Under Id Number 3770
If someone is interested to do this task, please contact me.
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby Apprentice » Tue Mar 27, 2018 3:50 pm

The Indicator was revised and updated.
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby chipsoft » Tue Apr 03, 2018 7:10 am

Hi Apprentice,
Could you please add one more filter (% Range) to this nice indicator to qualify specific type of Pin bar:
1. Kindly add %Range of the Pin bar as compare to Average Range of n bars behind it in terms of %. So suppose % range of the Pin bar I have selected as 30% for last 5 bars, which mean the range of the pin bar is 130% of the range of last 5 bars range.

I will appreciate your great work.... :)
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby Apprentice » Wed Apr 04, 2018 4:39 am

Simplified Pin Bar has been updated accordingly.
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Apprentice
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Re: Pin Bar a.k.a. "Pinocchio Bar"

Postby chipsoft » Wed Apr 04, 2018 12:41 pm

Thanks very much Apprentice.
Could I have multi time frame and multi instruments scanner for this Indicator.

Regards :D
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