● Camovia Tray™

Pinbar Detector

Auto-marks pin bar reversal candles — less screen-staring for price-action traders

Type

Type
Indicators · Trend
Platform
MT4 / MT5
Version
2026-10-09 (source snapshot)
Size
MT4 7 KB · MT5 8 KB
Manually verified
2026-10-09

Download

MT4 — 89ea98f3fae3c594d5641ad79e738f3e59adb02cce30d1ec171b12067a3fc01a

MT5 — 37fab544c20efca50ba94e6760aaeb907e93026d43174671cd3282de6a45f1f0

Integrity check — Compare SHA-256 before installing (Windows: certutil -hashfile file SHA256). Sources are unmodified; LICENSE and provenance notes are inside each archive. Downloads are static links: no click tracking, no IP logging.

What is this

Pinbar Detector is an MT4/MT5 price-action indicator: it scans your chart and flags candles matching the pin bar definition (long-tailed reversal candles), drawing arrows or labels with optional alerts. Supply/demand and S/R reversal traders use it to skip the manual candle-hunting.

How it works

  1. Identifies pin bars from nose-length and wick-proportion rules
  2. Draws arrows/labels on the pattern candle; show only the latest or the full history
  3. Pop-up, e-mail, and push alerts supported, with a time-window filter

Installation (3-step summary)

Full install guide →
  1. 1. Download

    Grab the zip via the buttons above

  2. 2. Unpack & copy

    Put .ex4/.ex5 and .mq4/.mq5 into the matching MQL4/MQL5 folders

  3. 3. Enable

    Restart or refresh the Navigator, drag it onto a chart, allow automated trading

Usage notes

  • Sources are flat .mq4/.mq5 files — drop into MQL4/Indicators or MQL5/Indicators and compile
  • Tune the pattern-ratio inputs per instrument volatility; defaults run conservative

⚠ Risk notes

  • A pin bar is a pattern signal, not a win-rate promise — counter-trend pins fail often in strong trends

Download Camovia Tray free — check quotes, manage positions, and hide in one click from your system tray.

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Frequently asked questions

▸ Does it trade automatically?

No, it is a read-only pattern indicator; automating it means writing an EA that reads its buffers.

▸ Does it repaint?

Patterns confirm at candle close and historical marks stay put; a forming candle's pattern can vanish with price.

▸ Are alerts supported?

Yes — pop-up, e-mail, and push alerts, each toggleable in the inputs.

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Pinbar Detector is third-party open-source software provided "as is" with no warranty of any kind. Camovia only curates and redistributes the original source code and is not affiliated with the original author or MetaQuotes. This page is educational and is not investment advice — trade at your own risk.

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