Description

Platform

Availability for:

• NinjaTrader 7 platform: NOT PLANNED
• NinjaTrader 8 platform: AVAILABLE NOW

Overview

A pin bar was referred to as a Pinocchio bar in Martin Pring’s great book “Technical Analysis Explained”, because of the similarity between them:

• The shape of a pin bar looks like Pinocchio’s long nose.
• Both pin bars and Pinocchio tell lies. There’s a moment during its formation, a pin bar is solidly bullish/bearish but at the end of the bar everyone knows that’s false information.

Our indicator allows you to filter pin bars by neutral range and minimum size.

Please keep in mind that pin bars alone are not trading signals. You will need to analyze pin bars in their contexts.

Key features:

• Identify pin bars based on neutral range percentage you define
• Allow specifying the minimum size of pin bar based on ATR or tick size
• Paint background to highlight pin bar
• Colorize pin bar based on its state: bullish up, bullish down, bearish up, bearish down
• Trigger alerts on pin bar detected
• Print markers on pin bar detected
• Be NinjaScipt ready for advanced usage, only restricted by your imagination
• Expose dedicated NinjaScipt signals

Alerts:

• Popup alert
• Sound alert (configurable rearm)
• Email alert (possibly configured as SMS alert)
• Message displayed in Alerts Log window

NinjaScript readiness:

• Can be used in Market Analyzer
• Can be used in Strategy Builder
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

Dedicated NinjaScipt signals:

• Signal_State: 0 = no pin bar, 1 = bullish pin bar, -1 = bearish pin bar

Compatibility:

• Instruments: CFDs, forex, futures, indices, options, stocks
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever

Usability:

• Ready to use out of the box
• Fully configurable & customizable with ease

Bonus

Upon purchasing this indicator, you will receive 2 FREE sounds that read “pin bar” in male and female voices for alerts. FYI, these sounds are created with our Alert Sound Maker.

Media

Installation

Please read Installation Guide for details.

Support

FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.