Assessing the market's state can position the trader in a win-win situation. Analysts use candlestick patterns like the pin bar to determine the optimal trading period. These patterns are essential to ...

SetBarFillColor( IIf( C > O, ParamColor( "Candle UP Color", colorGreen ), IIf( C <= O, ParamColor( "Candle Down Color", colorRed ), colorLightGrey ) ) ); Plot( C ...

A particular kind of candlestick pattern called a pin bar uses price movements to indicate possible market turnarounds. Three key characteristics help to distinguish it: a small central “nose” that ...

The pin bar candlestick pattern is a powerful tool in the arsenal of any trader, offering valuable insights into market sentiment and potential reversals. Understanding how to effectively utilize this ...

When it comes to reliable candlestick patterns the ‘engulfing’ pattern lies in the same league as the mighty pin bar pattern in terms of popularity and reliability. Picked at the right spots with ...