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.
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.
Versionshinweise:
An alert has been added to the script + A bit face change
Versionshinweise:
Updated indicator has a new option in setting to filter Hammer and Star candle with color to reduce fake candles.
So you have two option:
1- All color Hammer and Star candles
2- Only "Green Hammer" and "Red Star" candles
* you can use from separate Alerts as well.
I hope you find it useful, Cheers
So you have two option:
1- All color Hammer and Star candles
2- Only "Green Hammer" and "Red Star" candles
* you can use from separate Alerts as well.
I hope you find it useful, Cheers