Pin Bar is one of the most important candlestick patterns. Almost every time you see a pin bar, you can expect the price to turn in the opposite direction. You should pay more attention to the **abnormal ones** among the pin bars. What I mean by abnormal pin bar is that the long leg is at least 3 times larger than the body.

I worked on an indicator to reveal these kinds of pin bars in the TradingView charts. With this indicator, you can set your own abnormal pin bar settings. It will highlight abnormal pin bars according to the settings you specified.

There are three factors used to indicate abnormal pin bar:

* Minimum body ratio in the pattern in percent
* Minimum ratio of the long shadow to the body
* Minimum ratio of the long shadow to the short shadow

My Sponsers (Article Inline)

You can see the details here:


Any kind of feedback is appreciated.

View Reddit by Main_Independent_579View Source

The technical Analysis is under comment section! Please scroll down to see the detail!

See Also (Article Bottom)



Please enter your comment!
Please enter your name here