https://github.com/samgozman/pinbar-strategy-tradingview

(Pinescript) Pinbar trading strategy for Tradingview
https://github.com/samgozman/pinbar-strategy-tradingview

Last synced: 6 months ago
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(Pinescript) Pinbar trading strategy for Tradingview

• Host: GitHub
• URL: https://github.com/samgozman/pinbar-strategy-tradingview
• Owner: samgozman
• Created: 2022-06-04T06:50:40.000Z (about 4 years ago)
• Default Branch: main
• Last Pushed: 2023-04-06T11:51:44.000Z (over 3 years ago)
• Last Synced: 2025-12-08T23:50:49.349Z (8 months ago)
• Size: 2.82 MB
• Stars: 10
• Watchers: 1
• Forks: 0
• Open Issues: 0
• Metadata Files:
  • Readme: README.md
  • Funding: .github/FUNDING.yml

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README

          
# pinbar-strategy-tradingview

[![ko-fi](https://ko-fi.com/img/githubbutton_sm.svg)](https://ko-fi.com/C0C1DI4VL)

(Pinescript) Pinbar trading strategy for TradingView

[Link to TradingView script](https://www.tradingview.com/script/QtCWpUWb-Pinbar-trailing-stop-strategy/)

![Trade example](assets/wrk_1h.png)

## Explanation

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.

![Profits explained](assets/profit_mp.png)

You need to determine the best TP/SL combination on your own for each chart. Start from 1:1 or 2:1. Keep in mind your brocker fee.

### More examples

BIG 1D

![BIG 1D](assets/big_1d.png)

BMY 1H

![BMY 1H](assets/bmy_1h.png)

GILD 1H

![GILD 1H](assets/gild_1h.png)

BTC/USD 5M

![BTC/USD 5M](assets/btcusd_5m.png)