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OPEN-SOURCE SCRIPT

Pinbar trailing stop strategy

By samgozman
Updated
The strategy finds the nearest pinbar pattern and opens a position (long or short). You choose your take profit and stop loss multiplier.

  • Take Profit - X times the pinbar size from it's highest point.
  • Stop loss - X times the pinbar size from it's lowest point.


You can find more detailed screenshots and the source-code on my github page: samgozman/pinbar-strategy-tradingview
Release Notes
Made the code more readable

Thanks to the GitHub contribution from mupsje
Chart patternsPin Barstrategytrailingstop
samgozman

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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