MOMENTUM & OSCILLATORS

Hammer

A single candle with a long tail underneath — sellers pushed it down hard and buyers pushed it all the way back.

spec id: hammerratio (default 2)

What does Hammer measure?

A single candle with a long tail underneath — sellers pushed it down hard and buyers pushed it all the way back. After a fall, it reads as a possible bottom.

How is Hammer calculated?

Answers 1 when the lower wick is at least 2 times the candle's body, the upper wick is no bigger than the body, and the candle actually had a range. Otherwise 0.

Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.

How do I use Hammer in a bot?

In the builder, add an indicator of type hammer (parameters: ratio, default 2). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.

Related indicators

Or browse all 158 indicators in the full library.

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