Wednesday, December 21, 2016

PIN BAR Candlestick Signal Amibroker AFL

Candlestick fans know it very well that how strong is the signal given by the pin bar. Many a times pin bar is the ultimate indicator explaining the end of the existing trend and start of a new trend. Pin bar in simple terms signifies that the group dominating the current trend has become weak and there is a strong chance of a trend reversal. Among the various signals of candlesticks pin bar signal is one of the most powerful and sought-after signal.

The current AFL plots the pin bar as per its definition of open and close. Sometimes a trader can miss viewing the pin bar at the right moment and thus making a late entry into a potential trend. This AFL therefore will be a very helpful tool in timing the entries and exits.

To view the plotting of pin bar in the chart please click the image below.

PIN BAR Candlestick Signal Amibroker AFL
PIN BAR Candlestick Signal Amibroker AFL
 You may download the Pin bar Amibroker AFL from the link given below.

Download  PIN BAR Candlestick Signal Amibroker AFL

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