What do you think of this indicator ?
PAJ: "Price Action Jonas"
can we try to improve this indicator ?
This FREE indicator was developed by jonathan orrego and is mainly used to spot PinBars, but NOT all PinBars are shown.
The indicator shows only "good looking" PB, and you can check the PinBar success with the repainting zigzag (12,5,3) indicator to check if the PB was good or not.
Here i include some captures (cherry picked of course, but all of them from the last two months).
You need the zigzag indicator because its needed to indentify support zones and check confluencies.
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PAJ: "Price Action Jonas"
can we try to improve this indicator ?
Quote:
This FREE indicator was developed by jonathan orrego and is mainly used to spot PinBars, but NOT all PinBars are shown.
The indicator shows only "good looking" PB, and you can check the PinBar success with the repainting zigzag (12,5,3) indicator to check if the PB was good or not.
Here i include some captures (cherry picked of course, but all of them from the last two months).
You need the zigzag indicator because its needed to indentify support zones and check confluencies.
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