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)

Release Notes

Hammer & hangman & falling star detector

detects:
- 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.

For quick access on a chart, add this script to your favorites — learn more here.

Also on:

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.

For quick access on a chart, add this script to your favorites — learn more here.

Also on:

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.