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HAMMER — Hammer Candlestick Pattern Trading Series

The HAMMER trading series detects the Hammer candlestick pattern, a potential bullish reversal pattern appearing after a downtrend.

It is built upon the Hammer pattern detection implementation from the indicators module.

Parameters

HAMMER(
    ticker: str
)
  • ticker (str): Asset ticker symbol (e.g., "AAPL").

Description

  • The Hammer is characterized by a small real body and a long lower shadow.
  • It indicates potential exhaustion of selling pressure and a possible trend reversal to the upside.

Example Usage

HAMMER(
    ticker="AAPL"
)