CandlestickMetaTrader 5 • MQL5

Pin Bar (Rejection Candle) Indicator for MetaTrader 5

Detect pin bar and rejection candlestick patterns automatically

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About This Indicator

Pin bars have long wicks showing strong price rejection. This indicator detects pin bars where the wick is at least 2x the body length and draws arrows with alerts, making it easy to spot these powerful reversal signals in real time.

Key Features

  • Detects bullish and bearish pin bars
  • Configurable wick-to-body ratio filter
  • Arrow above/below detected bars
  • Alert on new pin bar formation
  • Works on all timeframes

Frequently Asked Questions

What makes a good pin bar?

A high-quality pin bar has a long wick (2-3x the body), small body at one end, and forms at a key support/resistance level.

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