Description
Upon purchasing this indicator, you will receive 2 FREE sounds that read “pin bar” in male and female voices for alerts.
Platform
Availability for:
- NinjaTrader 7 platform: NOT PLANNED
- NinjaTrader 8 platform: AVAILABLE NOW
Notice
- Calculate mode: OnBarClose only
- Trader manual: not available
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 the 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.
In this indicator, ninZaATR is used (instead of regular ATR) for better performance. For your information, ninZaATR is ninZa.co's special ATR version that helps improve indicator performance significantly on intraday charts. It is also a standalone FREE indicator for ninZaFamily → https://ninza.co/product/ninzaatr.
Key features:
- Identify pin bars based on neutral range percentage you define
- Allow specifying the minimum size of pin bar based on ninZaATR or tick size
- Paint background to highlight pin bar
- Colorize pin bars to clearly show bullish vs bearish bars
- Trigger alerts on pin bar detected
- Print markers on pin bar detected
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript 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 HelloWin Backtest
- our AMAZING backtesting software @ HelloWin.io
- 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 NinjaScript signals:
- Signal_State: 0 = no pin bar, 1 = bullish pin bar, -1 = bearish pin bar
Compatibility:
- Instruments: futures, stocks, indices
- 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.
On NinjaTrader 8, you even have access to our PRIORITY SUPPORT directly from charts.
Please read Customer Service for details.
Software upgrade
All software upgrades for NinjaTrader 7 are absolutely FREE of charge.
All software upgrades for NinjaTrader 8 are absolutely FREE of charge.
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!
Because software products may be copied and stored easily, we will NOT issue refunds of any kind.
Upon purchasing this software, you agree to be bound by Terms of Service.
Various types of trading software products, all under one roof!
Please check out our NinjaTrader 8 indicators to find ones that fit your needs.
Software Changelog
NinjaTrader 8 version:
- 30 Mar 2021 – Regular ATR was replaced with ninZaATR for better performance; massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, marker string, chart info, property naming/positioning/grouping).
- 09 Mar 2020 – An issue related to exposed parameters was fixed.
- 17 Feb 2020 – A minor update was made.
- 06 Jun 2019 – The indicator was released (built new).
