OPEN-SOURCE SCRIPT

Pin Bar Fib Pullback + Engulfing + Pin Reversal (21 EMA + VWAP)

751
Dear Traders

Pin bar fib pullback continuation (in 0.50–0.618 zone)

Bullish/Bearish engulfing

Pin bar reversals (bottom/top)

Then we ask: did the next candle move at least atrMult × ATR away from the signal close in the right direction?

For a long signal: next high ≥ signal close + ATR * atrMult

For a short signal: next low ≤ signal close − ATR * atrMult

If yes, that signal gets a big circle with text:

BIG ▲ for long

BIG ▼ for short
drawn on the original signal bar (using offset = -1 trick).

You can tune how “big” you want:

Increase ATR length for smoother ATR

Increase ATR * (e.g., from 1.5 → 2.0) to only mark really strong moves.

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.