Forex Pin Bar Pattern Trading Strategy 1
This Old Kings indicator for MetaTrader 4 is called Forex Pin Bar Pattern Trading Strategy 1. As the name suggests, the idea behind it is candlestick patterns. It draws arrows on the chart, can send alerts and marks candlestick patterns. It has 16 settings, for example Local TZ (default 0), Destination TZ (default -0) and Line Type (default 1). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 3 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Pin Bar Pattern Trading Strategy 1
Forex Pin Bar Pattern Trading Strategy 1 is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and marks candlestick patterns. It has 16 settings, such as Local tz, Destination tz and Line type. MQL source code included.
It also shows several symbols in one panel.
Files in the download: installation manual.txt, PinBar.mq4, sr_KG_Support_and_Resistance.mq4, Weekly_Pivots_TZ.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Local tz | 0 | |
| Destination tz | -0 | |
| Line type | 1 | |
| Line width | 0 | |
| V line style | 0 | |
| V line thickness | 3 | |
| Show comment | true | Comment written on the orders |
| Show high low open | true | |
| Show sweet spots | false | |
| Show pivots | true | |
| Show mid pitvot | false | |
| Show fibos | true | |
| Show camarilla | false | |
| Show level prices | true | |
| Bar for labels | 0 | number of bars from right, where lines labels will be shown |
| Debug logger | false |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Candlestick Patterns · Buy/Sell Arrows · Alerts · Dashboards & Scanners · MT4 Indicator · MQL4 Source Code