Forex Pinocchio MT4 Indicator:
About the Forex Pinocchio MT4 Indicator
The Pinocchio indicator is a technical, analytical tool designed to identify trend reversals and find optimal market entries.
The Pinocchio indicator is based on the pin bar, which is the Price Action reversal pattern.
This tool can be used as a self-sufficient and full-fledged strategy for trading. Using a good system of money management and risk control, you can build complete trading systems using only this indicator.
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)