DovCaspi

Hammer, Hanging man, Shooting star, Inverted hammer Indicators

This script creates Hammer , Hanging man , Shooting star , Inverted hammer chart indicators.
RED + CROSS = Sell
GREEN + DOT = Buy
סקריפט קוד פתוח

ברוח TradingView אמיתית, מחבר סקריפט זה פרסם אותו עם קוד פתוח, כך שסוחרים יוכלו להבין ולאמת זאת. הידד למחבר! אתה יכול להשתמש בו בחינם, אך שימוש חוזר בקוד זה בפרסום הנו בכפוף ל כללי הבית . אתה יכול להגדירו כמועדף ולהשתמש בו בגרף.

רוצה להשתמש בסקריפ זה בגרף?
study("Hammer and Hanging man", overlay=true)

high_h = high[1]
low_h = low[1]
open_h = open[1]
close_h = close[1]

shadow_h = high_h - low_h
body_h = abs(open_h - close_h)
bodyMid_h = 0.5 * (open_h + close_h) - low_h


shadow = high - low
body = abs(open - close)
bodyMid = 0.5 * (open + close) - low
bodyRed = open > close and body > (0.3 * shadow)
bodyGreen = close > open and body > (0.3 * shadow)

bodyTop =  bodyMid_h > (0.7 * shadow_h)
bodyBottom =  bodyMid_h < (0.3 * shadow_h)
hammerShape = body_h < (0.5 * shadow_h)

hangingMan = bodyRed and hammerShape and bodyTop ? high_h : na
hammer = bodyGreen and hammerShape and bodyTop ? high_h : na

shootingStar = bodyRed and hammerShape and bodyBottom ? low_h : na
invertedHammer = bodyGreen and hammerShape and bodyBottom ? low_h : na

plot( hangingMan  , title="Hanging man", style=cross, linewidth=10,color=red, transp=95, offset = -1)
plot( hammer  , title="Hammer", style=circles, linewidth=10,color=green, transp=95, offset = -1)


plot( shootingStar  , title="Shooting star", style=cross, linewidth=10,color=red, transp=95, offset = -1)
plot( invertedHammer  , title="Inverted hammer", style=circles, linewidth=10,color=green, transp=95, offset = -1)

תגובות

@DovCaspi isnt there a mistake here : shadow_h = high_h - low_h ?

I think shadow should be define in two ways : upper shadow = high_h - max(open_h,close_h) and lower shadow = min(open_h,close_h)-low_h

I tweak the indicator and I see much better hammers ;)
+12 השב
@PaulMir,
I must have got it wrong because when I write down your script

upper shadow = high_h - max(open_h,close_h)
lower shadow = min(open_h,close_h)-low_h
body_h = abs(open_h - close_h)
bodyMid_h = 0.5 * (open_h + close_h) - low_h

instead of

shadow_h = high_h - low_h
body_h = abs(open_h - close_h)
bodyMid_h = 0.5 * (open_h + close_h) - low_h

Pine says
Script could not be translated from: |B|upper shadow = high_h
+5 השב
Thanks for the indicator. The only negative is that it's lagging (1 day). How would you tweak it so that it's showing real-time info on the candle that is being formed? TIA
+11 השב
Does it still lag?
I have read some old comments from 2014-15.
I hope this code is updated and it doesn't lag anymore as it did some years ago.
Please tell me if it lags one candle or one bar.
+5 השב
It lags because it uses confirmation. if bearish signal, indicator checkout that next candle is red. if bullish signal ( eg hammer ) indicators checks for next candle = green ;)
+4 השב
yolo12 PaulMir
@PaulMir, So its only useful for actually learning what the candles look like, something you can do on on a website.
All in all a completely useless indicator.
+2 השב
Does it lag thru the eod. Basically, Could you place and AA trade on the indicator or does it not show up until the next morning?
+3 השב
How to use this script. Can it be used on this platform or any other platform
+2 השב
i experience the smaller TF=the better signals esp. on 5,3,1 min.TF . Thanks and compliment for such piorneering script that you had been trying since 2014! It is interesting to watch +experiment at which Candle which of the 4 Behaviour of your script will be triggered ! . Really Great Job u well done .
השב
Hi guys
I didn't touched this code for several years :(
Sorry ..

Dov Caspi
dov.caspi@gmail.com
השב