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Hammer Candlestick Scanner #224

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mukundg920 opened this issue Jan 19, 2025 · 1 comment
Open

Hammer Candlestick Scanner #224

mukundg920 opened this issue Jan 19, 2025 · 1 comment
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collaboration enhancement New feature or request question Further information is requested

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@mukundg920
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https://www.investopedia.com/terms/h/hammer.asp

Hammer candlestick on Higher Time Frames (1w,1m) essentially helps a lot getting stocks whichcan have potential of reversal for upside. Hammer candlestick is formed for both bullish and bearish views there's just a little difference between them. I shall attach a example of both.
Also kindly provide (number of candlestick to track option) according to mine strategy or analysis a chart having two bullish hammer sticks formed can do potentially very well.

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If any further info required related to this, Do tell me!
Thanks in advance for helping out so much.

@pkjmesra
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@mukundg920 -
Can we provide some data in support of the candlestick pattern and its success percentage for the last month or so? Can you use some backtesting tools to find out the outcomes before we invest time into this?

@pkjmesra pkjmesra self-assigned this Jan 20, 2025
@pkjmesra pkjmesra added enhancement New feature or request question Further information is requested collaboration labels Jan 20, 2025
@pkjmesra pkjmesra moved this to Backlog in PKScreener Jan 20, 2025
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collaboration enhancement New feature or request question Further information is requested
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