This inverted hammer indicator has several options that help identify instances with a higher probability of success. For example, inverted hammers may have a higher success rate when they: - Breaks the previous day's high - Close higher than the previous close - Have a large upper wick - Have a small lower wick etc. Play with the options on your chart of choice...
This script creates Hammer, Hanging man, Shooting star, Inverted hammer chart indicators. RED + CROSS = Sell GREEN + DOT = Buy
This script tries to identify the candles that have Hammer & Hanging Man & Inverted Hammer & Shooting Star patterns
Indicator that highlights Hammer, Inverted Hammer, Engulfing, and Harami candlestick patterns. Great for those looking for a quick way to show the most popular reversal patterns on the charts. Options will allow you to select to show Hammers, Engulfing or Harami patterns only. You choose the combinations that you want. Great tool to learn and training your...