INVITE-ONLY SCRIPT

[astropark] Pinbar that matters

Dear Followers,

today a new Price Action Tool, the "Pinbar that matters", also known as Hammer (bullish case) and Inverted Hammer (bearish case).

Everybody knows the importance of pinbar to highlight
  • reaction at support or resistance range, as well as at supply and demand zones
  • market makers' actions
  • trend switching in short-term and mid-term future


They can be both bullish or bearish, but the real problem is that not all, but only a few pinbar matters! And this tool will filter them for you.

This indicator works
  • on every timeframe (eg. 5m, 15m, 30m, 1h, 2h, 4h, 6h, 1D, ...)
  • on cryptocurrencies (eg. XBTUSD, ETHUSD, ETHBTC, both USDT and BTC markets, ...)
  • on forex (eg. EURUSD, GPBUSD, JPYUSD, ...)
  • on stocks (eg. AMZN, FB, TSLA, GOOG, NFLX, ...)
  • on commodities (eg. GOLD, SILVER, OIL, ...)


This indicator has following options:
  • edit filter based on fixed or percentage volatility change
  • edit filter based on candle value size
  • show a suggestion of possible entries and stoploss


Be sure to edit both fixed and percentage volatility options in order to have a correct filter on your chart and timeframe.

You can enhance your trading by using it together with my "Engulfing that matters" and my "Breaker Blocks (BB) and Supply/Demand Order Blocks (OB)" indicators, so you can easily spot important points where to start a short or a long trade.

Here my Engulfing that matters indicator
[astropark] Engulfing that matters


Here my Breaker Blocks (BB) and Supply/Demand Order Blocks (OB) indicator
[astropark] Breaker Blocks, Supply Demand Order Blocks


Here below some examples on how to use the indicator.

XBTUSD 5m
snapshot

ETHUSD 15m
snapshot

BNBBTC 1h
snapshot

ETHBTC 12h
snapshot

EURUSD 1h
snapshot

JPYUSD 4h
snapshot

AMZN 5m
snapshot

FB 4h
snapshot

XAUUSD 15m
snapshot

Copper Futures 1h
snapshot


Here below an example of suggested entries and stoploss
snapshot


This is a premium indicator, so send me a private message in order to get access to this script.
Candlestick AnalysisCommoditiescryptocurrenciesForexHammerInverted HammerLONGPin BarshortStocksTrend AnalysisVolatility

Script sob convite

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O TradingView não sugere pagar por um script e usá-lo, a menos que você confie 100% no seu autor e entenda como o script funciona. Em muitos casos, você pode encontrar uma boa alternativa de código aberto gratuita nos nossos Scripts da Comunidade.

Instruções do autor

Quer usar esse script no gráfico?

Aviso: por favor leia antes de solicitar acesso.

I'm a software engineer, passionate for trading & developing trading tools & bots! Feel free to DM me & checkout my work: bit.ly/astroparktrading
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