Paintbars

Paintbars allow you to expand your strategies and identify trading opportunities. Paintbars are formula-based indicators placed on a chart and are fully integrated with trigger alerts for better control. Paintbars are a feature in HAMMER PRO™ that allows custom coloring of candles or drawing of bands, shapes or curves on charts based on user-defined formulas/algorithms that involve indicators and candle values. They can also be used as Scans in portfolios.