TC2000 Bullish Pin Bar Reversal Scan

$99.00

The TC2000 pin bar reversal scan identifies stocks that are forming perfect pin bar candlesticks at key moving averages such as rising 50 and 200-day simple moving averages.

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Description

The TC2000 pin bar reversal scan combines the power of the pin bar candlestick with the importance and weight of the most highly watched major moving averages.

How this screener works

This scan looks for a couple of things. First and most important are perfectly formed pin bars. Pin bars are a long-term favorite of traders looking for early signs of buyers regaining control of a stock or ETF.

The problem with most pin bar trades is that they occur at random meaningless locations. So instead of looking at any old pin bar, we only want to see pin bars that pierce below key moving averages such as the 50-day moving average and 200-day moving average but then finish the day back above them.

Lastly, we require that those moving averages be rising indicating an overall uptrend in the underlying stock or ETF.

Please note: the above demonstration video was recorded using a previous version of the scan which could only find 50 and 200 SMA pin bars. The scan has since been upgraded to allow you to find perfectly formed pin bars piercing below any moving average you want (by default the 200SMA).

Scan features

  • This scan has been upgraded and enhanced to take advantage of TC2000’s latest PCF features. This means you can easily customize its settings so you can more accurately target stocks based on your personal preferences.
  • Includes easy-to-follow video setup instructions that will have you scanning in no time
  • Compatible with all versions of TC2000
  • Built to scan across any timeframe you want
  • Can be combined with additional scan criteria to improve precision
  • Recommended upgrade: Stack the odds in your favor by using this scan against our weekly curated TR150 watchlist

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions about this scan or if you would like to see the latest stock results. Thank you for your understanding!

Bundle offer

Get a discount when you purchase this Bull Pin Bar Reversal Scan and its bear version equivalent in the Pin Bar Bundle package.

Additional information

Product Type

Bullish

Platform

Worden TC2000

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