HPotter

Hammer automatic finding script

696 1 284
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.
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//  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.  
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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)
EastWallCapital
2 years ago
Hey mate thanks for this. Is there something extra I need to do to get this working. I have you bullish and bearish engulfing scripts and they are working fine but when I add this indicator ( or your shooting star/morning star/evening star ) I get nothing. It doesn't pick up any of the patterns?
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