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.
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| 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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Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.
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