Pin Bar Forex Chart Patterns Strategy
Table of Contents
This strategy uses a 30 minute timframe and applicable to all currency pairs.
- Pin Bars,
- Daily Pivot
Rules for entry:
- Pin bar must cut the Daily Pivot points this can be the DP, R1, R2,R3, S1,S2,S3.
- The pin bar can be in the direction of the trend or counter trend.
- Entry is 1 point above or below the pin in direction of the pin.
- Stop is 1 point below or above the pin.
- Risk and reward must be at least 1 to 1.
Forex Trading Strategies Installation Instructions
Pin Bar Forex Chart 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.
Pin Bar Forex Chart 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 Pin Bar Forex Chart Patterns Strategy?
- Download Pin Bar Forex Chart 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 on “Template”
- Move right to select Pin Bar Forex Chart Patterns Strategy
- You will see Pin Bar Forex Chart 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.
Click here below to download: