Inverted Hammer - Extended Options

SkyHighTA Updated   
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

Play with the options on your chart of choice to see which options are more likely to indicate bottoms.
Release Notes:
Fixed "Min Body % of Candle" calculation

Technical analysis should be made as simple as possible, but no simpler. --Albert Einstein
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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