This inverted hammer indicator has several options that help identify instances with a higher probability of success.
For example, inverted hammers may have a higher success rate when they:
- Breaks the previous day's high
- Close higher than the previous close
- Have a large upper wick
- Have a small lower wick
etc.
Play with the options on your chart of choice to see which options are more likely to indicate bottoms.
For example, inverted hammers may have a higher success rate when they:
- Breaks the previous day's high
- Close higher than the previous close
- Have a large upper wick
- Have a small lower wick
etc.
Play with the options on your chart of choice to see which options are more likely to indicate bottoms.
Notas de prensa:
Fixed "Min Body % of Candle" calculation