Hallo staff
Please let me first say a BIG THANK YOU for this wonderful tool that is Visual Jforex.
I am completely new to strategy programming, and in a couple of days I was already able to create something workable : AMAZING!

Now back to work )
Do you have already a "template" to define classical candlestick patterns (e.g. pin bars, engulfing bars and so on)?

I am trying to create a simple strategy to trade pin bars: I would short a pin that is above the 20 Ema, at the break of the low
I would buy the break of the high of a pin bar in the opposite position.

I want the pin range to be at least equal to the ATR 15
I want the pin body to be in the extreme 33% of the range

..I do not know how to define the position of the body in the candle range.
Can anybody please help?
Thank you very much!

Maxx

Hi there,

it's good to hear that ! Thanks !

It's all about the way you define your pin bars, let's take an example of a bullish pin bar (10mn):
- First, the system needs to detect the bullish candle which is defined as open price < close price
- lets say the nose of the pin bar should be one third of the body --> (Open-Close)/3 >= (high - Close)
- and the tail is 3 times longer than the body

Attached a simplified example, you can build the bullish pin bars according to the pattern and include your indicators





Cheers !