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TH Pin Bar Identifier

By TradingHeroes

This indicator marks both bullish and bearish Pin Bars. It helps you see potential turning points on the chart.

You can set the following on this indicator:

Length of lookback: The number of candles to compare the Pin Bar candle to. For a bearish Pin Bar, is this the highest high over the last X number of candles? For a bullish Pin Bar, is this the lowest low over the last X number of candles? The default is 2.
Percentage of wick: How big should the wick be, compared to the total candlestick body? The default is 66%.
You can change the symbol that's use to mark the Pin Bars.

By using this indicator, you accept full responsibility for any trades taken with this indicator. This indicator does not provide trading advice of any kind.

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This script is published closed-source and you may privately use it freely.

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