Pinbar-Rejection-Indicator by hoip

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This indicator allows you to filter noisy pin bar chart, with pin bars which have been rejected from dynamic support/resistance level also named as 21 Moving Average.
I would consider to work only on higher time frames like 1H and higher, so you really can find only best entries.

Have fun, write your feedback in the comments section:)

P.S This is the first version of the indicator, so be free to contribute, and soon I'm going to improve this indicator.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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