Screener Pin Bar

Screener Pin Bar

The Screener is based on the location of candles with climatic volume that have closed at the top or bottom (pin bars) indicative of patterns of trend reversal.

Screener to locate pin bar sails (in the last 3 sails) with the following characteristics:

– Significant volume.

– It has generated a maximum or minimum in 20 periods.

– The wick is at least 2 times the body of the candle.

– The opening and closing are in 1/3 of the lower half of the candle

– The range is greater than the range of the last 5 periods.

It includes a filter of capitalization and price.

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. luxrun • 02/09/2019 #

    Thanks for this screener, Juanjo. I have a request to better identify the bullish or bearish pin bar: is it possible to insert the condition that the body of the pin bar must strictly be included in the range of the previous candle? This last condition can facilitate trading and show an optimal graphic situation.

    • Juanjo • 02/09/2019 #

      Pues creo que si se podría incluir dicha condición, no obstante, ten en cuenta que el cribador ya de por si da pocos resultados debido a las condiciones establecidas, y la condición que propones seria fácilmente identificable visualmente después de pasar el screener. Por otro lado, patrones de velas de reversión, como el hombre colgado, o el bebe abandonado, no lo identificaríamos al ser velas cuyo rango está fuera del rango de la vela anterior.

    • Juanjo • 02/09/2019 #

      No se entiende nada. Concretando, que si se podría poner la condición, pero no veo interesante incluirla.

  2. Pablo Carmona del Moral • 02/09/2019 #

    hola juanjo, muchas gracias por este screener que nos has compartido. creo que lo voy a utilizar en una estrategia.

  3. Pablo Carmona del Moral • 02/09/2019 #

    para el volumen he cambiado:
    // Volumen significativo
    donde el 2 indico el doble
    lo he puesto como un indicador en el dax y se me quedaban las señales puestas, no me devolvian nunca un “0” he cambiado los 2 ultimos if’s por esto, simplemente para el funcionamiento del indicador me diera un 0 en caso de que el pin bar ya no fuera ejecutable.

    if pbbc=1 or pbac=1 then
    If PBBc then
    If PBAc then
    return criterio as “PB”

    de todas maneras este code como screener tengo muchas ganas de probarlo como estrategia ya que debe funcionar a las mil maravillas…. Gracias y muy buena faena.

  4. Juanjo • 02/09/2019 #

    Muchas Gracias Pablo, …Tengo varios screener, uno lo tengo adaptado para operar intradía, porque me parece una de las señales mas fiables. La utilización de volumen significativo de 2 veces el volumen medio, es un buen criterio, puesto que aunque el screener no lo tenga, personalmente tengo configurado el volumen para que me marque dicho criterio. Screener para mercado cerrado.
    – JJP-PinBar V.1 – marca Pin Bar con volumen significativo que sean máximos / minimos en periodo de 20, y rango superior a la media
    – JJP-PinBar V.2 – busca pin bar con volumen significativo que sean máximos / minimos en periodo de 5 y rango superior a la media.
    – JJP-PinBar V.3 – busca pin bar con volumen significativo que sean máximos / minimos en periodo de 5, pero su rango total no es superior a la media.

    Screener para intradías.
    – JJP- PinBar (intradía) – Localiza pin bar que sean máximos/minimos en periodos de 5 dias de forma previa a la vela en formación.
    Indicador Pin Bar.
    – JJP-I.Pinbar – colorea las pin bar de max/minimos de 5 dias de color blanco o negro.

Register or


avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
hErOSTiC Hi, Thank you for sharing your work with us. I have loaded the ITF file but I have an erro...
juanj Strange that the ITF file did not import the parameters. You can either add the parameter yo...
Finning Hi JuanJ, just a question about the tollerance*pointsize. I know what it is/what it does (in...
samsampop This is very useful, look forward to testing it out. Thank you very much
jzhuang it seems not working on prorealtime v11.1
Ridge-Trader thanks a lot, it´s very helpfull for me. Do you know, where i can find more Indicators for #...
Copperwave Hi Juan - awesome implementation of Robins price action analysis. Any chance this can be mod...
afanitro424 its not plotting on chart but instead as it's own histogram directly below chart? How to fix...
Nicolas by adding the indicator on the chart :)
kroust Bonjour Vivien, j'aimerai utiliser ton screener, mais je n'arrive pas à l'utiliser? j'ai bie...
Nicolas Vous devriez télécharger le fichier itf et l'importer dans la plateforme au lieu de copier/c...
Igor Bonjour Vivien. Le proscrenner m'affiche une colonne de chiffre ... 42, 56, 112 ... ? A quoi...
jimkn0pf Christopher, wie saehe denn die Formel ohne Kontrollkerze (3. Kerze) aus?
Balmora74 thanks for this code Philippo ! So if i understand well a Positive (+) EntryOK x ROC means a...
Dritan Hi Philippo,thanks for sharing this code.Can You add please Volume more than 250.00?Thanks
Alai-n @Vonasi Thanks
jiddan78 how to convert to afl amibroker ?
Nicolas We do not supply free coding assistance for AFL Amibroker on the website. You can ask for pa...
Nicolas this code is only available here and in ProBuilder language to be used exclusively with ProR...
BeverlyRose75 What a job! Thank you very much :))
Ciccio @Nicolas Could you please fix the image that is not appearing on top of this thread? I can...
nectouxg thank you Nicolas of your speed of response, I tried but, I have to fix something badly, bec...
Nicolas change the lastline with: RETURN lastsig and check if lastsig change its value with the a...
nectouxg Hello Nicolas, I will try tonight when I get home, just one last question, I trade the DA...
RGKP Hi Vonasi, great work! But what I do not understand is that the statistics change according ...
mr_delta Hi I am interested in in scanning for a similar set...
Vonasi Minor Bug Fix Please download an updated version with a minor bug fix from here: https://www...
Jesper Great share!
capgros Bonjour @Nicolas, Thanks a lot for this tool, it is very useful for me. I would like to s...
Hans63 Would you add the possibility to color also the Heikin Ashi and bar chart?
Nicolas That's possible, please open a new topic in the indicator forum explaining what you need exa...
rollem Thank you!
Michael1973 Great! This is exactly what I was looging for. However, it does not work. I get an error mes...
pableitor The timeframeminutes variable is an external variable to define the higher TF bars . If yo...
ckat55 Thank you Nicolas, is there any way that an alert can be set for when the dot appears?
Nicolas yes, change the last line with: RETURN wrb,qh and set an alarm with the alert tool for ea...
ckat55 Thank you Nicolas, I will try it.
larouedegann Bonjour Nicolas Je cherche à créer un screener avec cet indicateur lorsque un point bas app...
Nicolas Je pense qu'il existe déjà quelque part dans le forum.. il faudrait chercher. Sinon merci d...
Bhanu Pratap Dear Sir, Can I get MQL4 File for this indicator and last man standing . pls looking forward...
JohnScher After a small error crept in, a correct itf.file has been uploaded.
dougie80 Great Indicator, Is there a way to use this as an alert ?
JohnScher I created the screener with some help here from PRT. It is surely somewhere in one of the fo...