Pin Bar Detector

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  • #8550 quote
    MG8418MG8418
    Participant
    Junior

    Hi,

    I have an indicator for pin bars, but I am having difficulty in the pro screener to only show the pin bars that have completed (previous candle), as the indicator will show pin bars as the current candle is forming. I would like the screener to only show completed pin bars after the price has closed to reduce the false signals.

    Can this be done?

    Thanks

    Derek

    #8562 quote
    NicolasNicolas
    Keymaster
    Legend

    So if your pinbar trigger is included in a variable, just screen this variable with a lookback period of “1”. That way, you make sure that the pinbar trigger was true at the end of the last bar.

    Example: (variable “mypinbar”)

    SCREENER [mypinbar[1]>0]
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Pin Bar Detector


ProScreener: Market Scanners & Detection

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MG8418 @mg8418 Participant
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This topic contains 1 reply,
has 2 voices, and was last updated by NicolasNicolas
10 years, 3 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 05/31/2016
Status: Active
Attachments: No files
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