ACB Pin Bar Indicator

Pin Bar Pattern Detector – Forex Trading Indicator

The Pin Bar Pattern Detector is a powerful trading tool designed to identify one of the most reliable candlestick formations in the forex market – the Pin Bar.

What Is a Pin Bar Pattern?

A Pin Bar is a unique candlestick formation where the candle has a small body but a long wick, indicating a sharp market rejection. The candle typically closes near the top or bottom of its entire range.

This pattern often signals a potential market reversal and becomes especially valuable when it appears near a key support or resistance level. Traders use it to spot early entries with high reward potential and low risk.

Key Features of the Indicator

• 📌 Automatic Entry, Stop Loss, and Profit Target Levels
  Each signal includes clearly marked entry points and risk/reward levels.

• 🕒 Historical Signals Displayed
  Review past Pin Bar signals directly on your chart to analyze performance.

• 📊 Information Dashboard Included
  Get a quick overview of key metrics and pattern statistics.

• 🔔 Custom Alerts
  Receive real-time alerts via sound, email, or push notifications when a Pin Bar is detected.

Main Input Settings

• Min_Bar_Size – Defines the minimum size (in pips) for a valid Pin Bar.

• Show_Profit_Target – Toggle profit target levels on or off.

• Show_Labels – Enable/disable labels for stop loss and take profit levels.

• Arrow_Size – Adjust the size of the signal arrows shown on the chart.

• Max_History_Bars – Choose how far back the indicator scans historical bars.

• Show_History_Signals – Show or hide previous signals on the chart.

• Entry_Distance – Set the distance between the entry level and the high/low of the Pin Bar.

• Show_Information – Show or hide the on-screen dashboard.

Why Use This Indicator?
This tool simplifies the process of identifying high-probability reversal setups, saving you time and reducing guesswork. Whether you’re a beginner or a seasoned trader, it provides clarity, precision, and confidence in your trading decisions.