# Pin Bar Averaging EA

Automates trading based on pin bar patterns with averaging and position management.

Canonical: https://prismaticalgos.com/compendium/algo/222-pin-bar-averaging-ea
Record ID: 222
Catalog rank: 1860 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Price Action & Market Structure (E)
Source: https://www.mql5.com/en/articles/19087
Evidence label (unverified): source_code

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Claim warnings: RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.
Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: any
- timeframes: any
- sessions: any
- market_regime: any

## Indicators

No indicator stack recorded.

## Recorded long-entry rules

- not specified in the text

## Recorded short-entry rules

- not specified in the text

## Recorded exit rules

- not specified in the text

## Recorded filters

- useRSIFilter = false (no RSI filter used)

## Risk controls

- Stop loss: stopLossPips = 400 pips
- Take profit: takeProfitPips = 200 pips
- Position sizing: lotMultiplier * initialLotSize, with compounding if compoundPercent > 0