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YK Fuller Strategy: Pin-Bar Signals, EMA Crossings, and Round Levels

Article Strategy library · Author: Yauheni

Summary

This TradingView strategy script combines candlestick shape rules with exponential moving averages and nearby round-number levels. Its inputs let users adjust the pin-bar tail proportion, two EMA lengths, the minimum distance from a round level, and price precision. It also offers an option to display round levels and to ignore inside bars, including bars nested within a sequence of earlier candles.

The excerpt ends partway through the pin-bar calculations, so it does not show the full signal definitions, order rules, exits, or risk controls. Although EMA crossing is an input, the available text does not establish exactly how it affects entries. The document provides source code rather than performance evidence, backtest results, or a discussion of market suitability; its strategy behavior and effectiveness therefore cannot be fully assessed from this excerpt.

Key ideas

  • The script exposes a tail-proportion setting for identifying pin-bar shapes.
  • Two configurable EMAs and an EMA-crossing option are included among the strategy inputs.
  • Round-number levels are calculated using a selectable price precision and can be plotted.
  • An optional filter identifies inside bars relative to recent candles.
  • The excerpt is incomplete and contains no performance results or full exit logic.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.