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.
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.
//////////////////////////////////////////////////////////// // Copyright by HPotter v1.0 10/04/2014 // 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. //////////////////////////////////////////////////////////// study(title = "Hammer", overlay = true) upper = highest(10)[1] barcolor(high < min(open[1], close[1]) ? abs(open - close) * 3 < min(open, close) - low ? (high - max(open,close)) < 0.05 * (abs(open - close)) ? yellow :na : na : na)