Pinbar Filtered By Value Chart Forex Patterns Strategy

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Pinbar Filtered By Value Chart Forex Patterns Strategy

This system is based on price action and overbought and oversold. You can use this in a 5 minute timeframe or hihgher. This is also applicable to any financial market.

No trade should be taken befor economic news for intraday traders.

Expiry time: 3 candles.

Forex Indicators:

  • Pin Bar indicators,
  • News indicator,
  • Bands (20, 2), optional.
  • Value chart (ob level 6- os level -8)

Buy Entry:

  • When the appears the buy alert of the Pin Bar if in the same time the Value Chart indicator is in OS -8.
  • Place a buy pending order 1 pips above the high of the pin bar candle.

Sell Entry:

  • When the appears the sell alert of the Pin Bar if in the same time the Value Chart indicator is in OB 8.
  • Place a sell pending order 1 pips below the low of the pin bar candle.

Exit position:

The best target is ratio 1.25 stop loss or the middle band.

Stop loss 2 pips below/above the bands or 1 pips above/below the Pin Bar candle.


Forex Trading Strategies Installation Instructions

Pinbar Filtered By Value Chart Forex Patterns Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex strategy is to transform the accumulated history data and trading signals.

Pinbar Filtered By Value Chart Forex Patterns Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this strategy accordingly.

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How to install Pinbar Filtered By Value Chart Forex Patterns Strategy?

  • Download Pinbar Filtered By Value Chart Forex Patterns Strategy.zip
  • *Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex strategy
  • Right click on your trading chart and hover onTemplate
  • Move right to select Pinbar Filtered By Value Chart Forex Patterns Strategy
  • You will see Pinbar Filtered By Value Chart Forex Patterns Strategy is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

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