OPEN-SOURCE SCRIPT
Updated Pinbar trailing stop strategy
The strategy finds the nearest pinbar pattern and opens a position (long or short). You choose your take profit and stop loss multiplier.
You can find more detailed screenshots and the source-code on my github page: samgozman/pinbar-strategy-tradingview
- 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 readableThanks to the GitHub contribution from mupsje
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.