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DavidOConnorSpain

A hammer candle is defined here as 1) the lower shadow (wick) is at least twice the length of the main body and 2) the close is in the top half of the range. A shooting star has the opposite conditions 1) the upper shadow is at least twice the size of the main body and 2) the close is in the lower half of the range. These candles should not be used by themselves...

Autarch_Capital

HG Scalpius H & SS Scan This indicator highlights hammer candles and shooting star candles based on the below definitions: Hammer = lower wick >= 2* real body and closes in top half of range Shooting Star = upper wick >= 2*real body and closes in bottom half of range hammer = (min(open,close)-low)>= (2*abs(open-close)) and close >...

TsangYouJun

This script is for helping you to find bullish and bearish hammers.

repo32

I decided to republish this one without the trend filter and with all the major symbols active. This will allow for all the patterns to show up. Due to 15 different candlestick formations in this one script, it will be difficult to turn off the last few due to screen size. You can turn off individual patterns on the settings screen. I have everything spelled out...

FenixCapital

I made this in starbucks . Bullish hammer trading signal algorithm using MACD for trend determination and holding period.

Dreadblitz

This script detects an event created by Oliver Velez, it is a wide-range candle with a small body and a long tail (hammer-type candle), its range is noticeably larger than previous candles, as a rule it can be taken that the body should be maximum of 30% of the total range of the candle with a long tail. The stop goes under the tail and the signal is given when...

flintlockwood

This script help to identified popular candlestick pattern combined with trend identifier. Most script only focus on criteria of the pattern. Such as how much the length of the body compared to previous candle etc. Besides criteria of the candle, this script also considered the trend into the logic. For example bullish engulfing is a bullish reversal signal, which...

DonovanWall

This is a simple study designed to track multiple candlestick patterns. Custom alerts included.

DovCaspi

This script creates Hammer, Hanging man, Shooting star, Inverted hammer chart indicators. RED + CROSS = Sell GREEN + DOT = Buy

Rocksk8andpaint

This is a basic strategy that will buy after a hammer is printed, and sell when a predetermined risk or reward price is hit. You can change the risk and reward values in the settings. Risk and reward values are in increments of $0.01. Default values are 75 ($0.75) and 200 ($2.00). If the strategy is producing losses, try adding a zero to the end of the risk value...

RomanLosev

Basic candle patterns marker marks: - Doji stars - Doji graves - Doji dragonflies - Hammers - Reversed hammers - Hanging mans - Falling stars - Absorption up/down - Tweezers up/down - Three inside ups/downs

RomanLosev

Doji & hammers marker marks: - long/ short doji star ( marks as doji star ) - doji grave - doji dragonfly - hammer - falling star - hanging man - reversed hammer

RomanLosev

Simple script to detect and mark possible reversal candlesticks - "hammer" and reversed version "hanging man". hammer: en.wikipedia.org(candlestick_pattern) hanging man: en.wikipedia.org(candlestick_pattern)

HPotter

Hi Let me introduce my Hammer automatic finding script. This is a bullish reversal candlestick which occurs in a downtrend. It has a small real body at the top of the candlestick and a long lower shadow.

alik472

This script tries to identify the candles that have Hammer & Hanging Man & Inverted Hammer & Shooting Star patterns

alik472

This is a simple script to identify Hammer and Hanging Man Candles

nileshgr

This script can be used to spot hammers on the charts, I try to avoid false positives by ignoring candles which have less than 0.25% price difference between open and close.

fluidsonic

Shows indicators above/below hammer-like candles. Also adds BB & EMA in order to reduce active indicator count.