OPEN-SOURCE SCRIPT

Hammer and Hanging Man candlesticks detector

Updated
Simple script to detect and mark possible reversal candlesticks - "hammer" and reversed version "hanging man".

hammer:
en.wikipedia.org/wiki/Hammer_(candlestick_pattern)

hanging man:
en.wikipedia.org/wiki/Hanging_man_(candlestick_pattern)
Release Notes
Hammer & hangman & falling star detector

detects:
- hammer
- reversed hammer
- hanging man
- falling star

Version: 2
Candlestick AnalysisHammerhangingHanging Man

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 publication is governed by House rules. You can favorite it to use it on a chart.

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