Pinokio Indicator MT4 (Works on Build 1420) | Forex MT4 Indicators

The Pinokio Indicator is a tool used in MetaTrader 4 (MT4) platforms. It focuses on a particular candlestick pattern called the “Pin Bar,” which has distinct characteristics.

Pinokio Indicator  MT4

Overview

The Pinokio Indicator is a powerful tool for MetaTrader 4 (MT4) traders. It identifies Pin Bar candlestick patterns, which signal potential trend reversals. Let’s dive into the details:

Key Information

• Minimum Deposit: $500
• Timeframe: M1 or M5
• Currency Pairs: EURUSD, GBPUSD
• Platform: MetaTrader 4 (MT4)

Pinokio Indicator Strategy

The Pinokio Indicator follows a specific trading strategy based on Pin Bar patterns. Here’s how it works:

1. Identification of Pin Bars:
   • The Pinokio Indicator scans price charts for Pin Bars.
   • A Pin Bar has a small body and a long tail (wick or shadow) on one side.
   • The long tail indicates strong rejection of price levels beyond the body.
2. Bullish Pin Bar Strategy:
   • When a bullish Pin Bar forms (long tail below the body):
     • Entry: Buy when the next candle opens above the high of the Pin Bar.
     • Stop Loss: Set the stop loss below the low of the Pin Bar.
     • Take Profit: Target the nearest resistance level.
3. Bearish Pin Bar Strategy:
   • When a bearish Pin Bar forms (long tail above the body):
     • Entry: Sell when the next candle opens below the low of the Pin Bar.
     • Stop Loss: Set the stop loss above the high of the Pin Bar.
     • Take Profit: Target the nearest support level.

Trading Style

• The Pinokio Indicator strategy is a scalping approach.
• It aims for quick profits based on short-term price movements.
• No martingale or hedging techniques are involved.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

Indicators:

• Pinokio Indicator.ex4
• Pinokio.tpl

===========================================================

You can get it free if you signup Exness with our referral link

https://one.exnesstrack.net/intl/en/a/s020wlktrj

MORE ROBOTS and MANUAL TRADING SYSTEM UNLIMITED VERSION

Telegram Channel : https://t.me/TheTradeLovers

Telegram Contact : https://t.me/TheTradeLover

Email : TheTradeLovers@gmail.com

Whatsapp: https://whatsapp.com/channel/0029VaLNS5gJpe8kk7rZCa13

Instant Download

Your files will be available to download once payment is confirmed.

Instant download items don’t accept returns, exchanges or cancellations. Please contact the seller about any problems with your order.

Our Payment Options:👇

1) Bitcoin Wallet:

19osRLGdcrdKGq8HseVimFv4sPtWiVXht

2) USDT(Tether) Wallet: (ERC20)

0xd75d6711d9ddbc6e12910bdcecf9b1820ded33c0

3). USDT(Tether) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

3) TRX(Tron) Wallet: (TRC20)

TUXqFGZd7dGzrbkB8SFh3dduUPT9wtoxWL

4) XRP(Ripple): XRP Ripple

rNxp4h8apvRis6mJf9Sh8C6iRxfrDWN7AV

Memo 382047608

And another crypto wallet: on request

5) Paypal: https://PayPal.Me/thetradelovers

6) Skrill: On Request

7) Neteller: On Request

8) You can pay with also Indian Payment Methods Like BHIM, Paytm, Google Pay, PhonePe or any Banking UPI app On Buyer Request.

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: thetradelovers@gmail.com

Payment After we will provide product within 90 minutes.

If you want any proofs of Indicator or have any questions then feel free to message

Send payment screenshot to: 👇🏿

Telegram: Click Here

Mail Us: thetradelovers@gmail.com

Thank You ❤️

Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.