OPEN-SOURCE SCRIPT
Updated Hammer and Hanging Man candlesticks detector
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)
hammer:
en.wikipedia.org/wiki/Hammer_(candlestick_pattern)
hanging man:
en.wikipedia.org/wiki/Hanging_man_(candlestick_pattern)
Release Notes
Hammer & hangman & falling star detectordetects:
- hammer
- reversed hammer
- hanging man
- falling star
Version: 2
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.