Candle Pattern Detection

HAMMER PRO™ can do Candle Pattern Detection, on charts – using a custom Candle Patterns option, in paintbars or in scans.

Candle pattern detection is highly susceptible to certain definitions such as what is a “long” or a “short” candle pattern, what defines a “doji”, and how to determine whether a candle wick is short or long.
HAMMER PRO™ provides an extensive list of patterns with various tweaking parameters.

Candle Pattern Selection window allow you to specify which patterns to detect and how to display them on the chart.