TsangYouJun

Hammer Scanner v1

This script is for helping you to find bullish and bearish hammers.
Catatan Rilis: Added more varieties of hammer candles.

There are 4-types in total:
- Hammer (Bullish)
- Inverted Hammer (Bullish)
- Hanging Man (Bearish)
- Shooting Star (Bearish)

You should always use candlesticks in combination with other indicators such as oscillators, moving averages, Bollinger bands.
Catatan Rilis: Added user requested feature for the maximum height of body to be 1/3 that of the shadow.

Added user control to define the maximum height of the tail to be 1/2 that of the body.

Diagram:
—————————
Tail / Body / Shadow

Default Rules:
1) Tail no taller than 1/2 the body height.
2) Body no taller than 300 pips.
3) Body must be shorter than 1/3 of the shadow.
Skrip open-source

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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