Pinbar trailing stop strategy

samgozman Updated   
The strategy finds the nearest pinbar pattern and opens a position (long or short). You choose your take profit and stop loss multiplier.

  • 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 readable

Thanks to the GitHub contribution from mupsje

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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