The indicator points hammers in bearish trend through a black arrow under the candle. Can be used on all time frames, from the smallest to the largest.

The criteria, characteristics, of the hammer are adjustables in a very simple way and without having to modify any line of the code. Just click on “Configure” 🔧 to  change many settings.

Because everyone has his own criteria to validate a hammer, then everyone has the possibility to modify the searching criterias for hammers.

Adjustable validation criteria :

• Lower wick length,
• Upper wick length,
• Bearish trend before the Hammer,
• Maximum penetration in the previous candle.

Available filters :

• Previous candle red,
• Risk / reward ratio greater than 1,
• Confirmation candle.

Characteristics :

• Works on all TimeFrames
• ProRealTime V11 and later versions compatible,
• Free ProRealTime (daily closings) compatible,
• Automatic and free updates.

Watch the video user’s guide on our Youtube channel, subtitles available in English :

The values shown above are given, as examples and do not constitute an optimal or recommended setting, everyone should find his own settings.

🇫🇷 Marteau / 🇮🇹 Martello / 🇩🇪 Hammer / 🇪🇸 Martillo