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Advanced Pin Bar Trader EA Review

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Advanced Pin Bar Trader can be found on the MQL5 marketplace under the expert advisor category. It was created by Abbas Makkai and was first uploaded to the marketplace on the 25th of May 2015, it has not received any further updates to the software version is still version 1.0.

Overview

Advanced Oin Bar Trader is an expert advisor that was created for the MetaTrader 4 trading platform. It is an EA with built-in risk management, automatic stop loss and take profit calculations as well as multiple entry types.

The site doesn’t actually tell you much on how the EA actually trades, it does tell us what visuals are present, they include the working balance, total risk, today’s target, today’s balance, risk per trade, today’s profit and equity.

There are also some additional parameters and setting available to alter, these include magic numbers, minimum pin bar size, daily profit goals, daily risk, market entry type, to enable trailing stops, lot sizes, take profit and stop loss ratio, fixed lots, and more.

Service Cost

The expert advisor can currently be purchased for $35, purchasing it will allow you to activate the software up to 5 times and does not come with any additional limitations. There is no option to rent the EA, so purchasing it is the only option.

There is a free demo version, but the details are not known or stated on the site, so it may only be used with the strategy tester, we cannot say for sure.

Conclusion

There are currently no reviews from people who have purchased this EA, there are also no comments, so it makes it hard for us to know whether the EA is doing what it is supposed to do and whether or not it is effective. It also means that we do not know if itis still being supported by the developer, due to this, we would strongly suggest that you send your queries and questions to the developer, this way you can find out if it will do what you need it to do and whether the developer is still around and will be there to offer support should you need it.

This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/9656

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