Wskaźnik
Signal
Hammer Pattern Indicator
Logo „Hammer Pattern Indicator”
5.0
03/09/2025
136
Desktop
Since 21/02/2025
Wolumen transakcji
449.9M
Zysk w pipsach
173.3K
Sprzedaż
3
Free installs
2747
Przesłany obraz „Hammer Pattern Indicator”Przesłany obraz „Hammer Pattern Indicator”

Hammer Pattern Indicator – Strategy Explanation

This Hammer Pattern Indicator is a candlestick-based reversal signal that identifies bullish hammer patterns in a downtrend. It is designed to detect potential trend reversals and highlight buying opportunities.


How It Works

1️⃣ Detects Downtrend

  • The candle’s closing price must be lower than the close 3 bars ago, indicating a potential downtrend.

2️⃣ Validates Hammer Candlestick Structure

  • Small Body: The body of the candle is relatively small (≤ 30% of total range).
  • Long Lower Shadow: The lower wick is at least 2 times the body size (shows strong rejection of lower prices).
  • Short Upper Shadow: The upper wick is ≤ 30% of the body size (indicating little resistance at the top).

3️⃣ Plots a Buy Signal

  • If all conditions are met, a red dot (or a chosen color) appears slightly below the low of the hammer candle as a visual confirmation of a potential reversal.


Key Features

Filters weak signals by ensuring a prior downtrend.
Customizable parameters for body size, shadow length, and colors.
Simple yet effective candlestick pattern for swing traders and price action traders.

📌 Best Use: Confirm the hammer pattern with additional indicators (e.g., volume, support levels) for stronger signals! 🚀

Więcej od tego autora
Wskaźnik
RSI
Indices
Forex
+3
ScalpingSignals9000
High-probability trading signals in the fast-paced world of forex and CFD trading.
Wskaźnik
Indices
Prop
ATR
+4
TrendPulse
BrickAlgo TrendPulse is an advanced technical analysis tool that combines multiple indicators with filterin mechanisms.
Wskaźnik
RSI
Indices
Signal
Rsi + Volume
This indicator combines RSI (Relative Strength Index) with volume analysis to generate more reliable trading signals.
SmartArrows AI V2
High-Performance Renko Chart Indicator with Advanced AI Filtering.
Wskaźnik
Signal
Scalping
9-5-3 Trading Strat
Enhance Your Trading Strategy with the Larry Williams 9-5-3 Indicator
Wskaźnik
Stocks
Forex
Signal
+1
Engulfing Pattern Indicator
Engulfing Pattern Indicator
Wskaźnik
Stocks
Forex
Crypto
PinBarCandlestickPattern
PinBarCandlestickPattern Indicator
EURUSD Breakout Indicator
Breakout Multi-Timeframe Strategy Indicator
Wskaźnik
RSI
Signal
MA-RSI HTF Confirmation
MA-RSI HTF Confirmation: Eliminate false signals and trade with confidence!
Wskaźnik
Prop
Commodities
Stocks
+2
Light-Version BrickAlgo TrendPulse
🚀 Simplify Your Trading Decisions With Powerful Technical Analysis.
Wskaźnik
Signal
MACD
USDJPY
PulseTracker
Version 1.2: Advanced Trend Detection & Visualization System
Renko Moving Average Cross Indicator
The Renko Moving Average Cross indicator combines classic EMA crossover signals with Renko-filtered prices.
cBot
Forex
Signal
MACD
SwingStratH6
Smart Trend cBot - Swing6h
Wskaźnik
Forex
Signal
MACD
swingh6
Swing-Trading Indicaotr for pairs like EUR/USD, AUD/USD, and USD/JPY. Most effective on higher time frames H4,H6,H12...
ADX and ADI
This custom indicator is a complete implementation of the Average Directional Index and Directional Indicators.
Możesz także polubić
DMI CUSTOM SESSIONS
This will allow you to have SESSIONS on the chart. London, New York, Asian session and you can customize the times.
Wskaźnik
NAS100
NZDUSD
XAUUSD
+11
ADXVMA Aurora Trend Filter
⚡ ADXVMA Aurora Trend Filter combines ADX trend strength with an adaptive EMA blend ⚡
Wskaźnik
RSI
Indices
Commodities
+3
FiboTrend-Pro V2
New version of one of my favorites includes Fibonacci and moving average convergence divergence lines
HTFBB
Plot higher-timeframe Bollinger Bands for clearer structure, pullback zones, and breakout signals—without switching char
ZigZag Price Liquidity Projection
📊 ZigZag Liquidity Projection: Predict bounces/breaks using pivots, ATR & volume.
Vice TrendTrading
Unlike most indicators that show signals blindly, this show valid entries inside TREND ZONES and visual trend BACKTESTS.
Market Sessions
Market Sessions is very important for traders.
E7 Correlation Dashboard
E7 Correlation Dashboard.
Wskaźnik
RSI
Breakout
Supertrend
Leverage Liquidation Map
📊 Liquidation Map: Potential areas where highly leveraged investors might face liquidations.
MM-Symbol Info (free)
Enhance the trading experience with real-time Spread, Time To Close, rPNL, uPNL, PNL and minimalistic Bid / Ask lines
Wskaźnik
VWAP
ZigZag
RSI
+5
ZigZag T3
Three ZigZag lines
Automatic Fibonatti
Automatically plots Fibonacci retracement levels using the highest and lowest points of a customizable time range
Order Flow
Volumen Delta", es una representación visual del flujo de órdenes basada en el volumen de transacciones.
Candelstick xxl
The indicator is designed to detect aggressive movements in the market and without volume for trend changes.
MultiTF-Pivot_SR
MultiTF Pivot and SR Indicator
calculateSpreads_withSourceCode
Indicator calculates spread in pips
IR Coral
Coral indicator
zh-cn Variety Period time panel(multilanguage)
This indicator can be used to: change color, shape size, position, change font, increase or decrease, and other function