I have a certain criteria for pin bars, though they are not always perfect, it's best to take them all due to such small SL.
I hope the screenshots are enough, unfortunately I only trade a few times per day inbetween lectures so can't provide a comprehensive statement. Also I have a tiny account and not enough focus to stick to such rules well and use many things in my m1 trading, but it is successful.
Red dots are for sells, white for buys. Rules are below
have one wick which sticks out at least 1pip more than candle on left of it
the wick that sticks out must be greater than 49% of the total body
Entry is always the top/bottom of the pin +2pips i.e. pending order
1st SL is at the pertruding wick + 4pips
+5 SL goes to to -10 (unless pin was <10pips then leave this)
+10 SL goes to +3
+15 to +8
+20 to +16
+50 to +30
then just TP close at 100 for 10%
Thanks for viewing, it is up to you if you want to undertake this, I don't think it will be hard, but will benefit us all. It's taking the best signal for a scalp which at least once a day will turn into a nice swing trade too.