20# Pin Bar Forex Trading System III

Submit by JanusTrader

 

Time Frame: 30min

Currency Pairs: all.

 

Indicators:

Pin Bars,

Daily Pivot

Rules for entry:

1/Pin bar must cut the Daily Pivot points this can be the DP, R1, R2,R3, S1,S2,S3

2/ The pin bar can be in the direction of the trend or counter trend 

3/Entry is 1 point above or below the pin in direction of the pin

4/
 Stop is 1 point below or above the pin

5/
 Risk/rewardmust be at least 1 to 1,



6/ If you take a trade off the Daily Pivot point short then yourtarget is S1or if you go long then the target would be R1

Pin Bar Trading

Comments: 0
Forex Indicato
PinBar.rar
compressed file archive 6.0 KB
Trading Signal
Pivot Points.rar
compressed file archive 2.3 KB

Pin Bar Forex Strategies