MoriFX

Hammer & Shooting Star Candle Detector

Hi guys
This script will help you to find Hammer candles and also Shooting star candles.
These candle patterns indicate price reversal probability and should evaluate in bigger price context before using as a signal.
I hope you find it helpful and enjoy it.
Please leave your comments for improving this script.
Release Notes: An alert has been added to the script + A bit face change
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Great indicator, is there any way of setting up notifications to tell you when a shooting star for example has been formed?
+2 Reply
MoriFX mfisher285
@mfisher285, I add alert to the script
Reply
It is very helpful. Tq
+2 Reply
MoriFX Colinlourdes
@Colinlourdes, Your welcome dude. See my other scripts
Reply
So Good Bro!
+1 Reply
Hi this is great thanks.. do you know what is the best way to set alerts for when the candles appear?
Reply
MoriFX hackstrades
@hackstrades, Your welcome dude. I add alert to the script.
Reply
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