This product includes two separate ProRealTime Screeners designed to automatically detect Hammer candlestick patterns across financial markets.

• Standard Screener: searches for Hammer patterns on the timeframe selected in ProRealTime. It analyzes one timeframe at a time.
• Multi-Timeframe Screener for intraday trading: simultaneously scans for Hammer patterns across up to 8 intraday timeframes: 1, 2, 5, 15 and 30 minutes, as well as 1, 2 and 4 hours. Each timeframe can be enabled or disabled individually, and the results are sorted by timeframe.

General filtering on the daily timeframe, based on price and trading volume, allows you to select the desired liquidity level.

Many parameters allow you to adapt the search to your own criteria. All settings can be adjusted directly from ProRealTime’s “Variables” menu, without modifying the code.

Adjustable validation criteria:

• Minimum lower wick length
• Maximum upper wick length
• Bearish trend before the Hammer
• Maximum penetration into the previous candle

Available filters:

• Previous candle bearish
• Risk / reward ratio greater than 1, based on an adjustable moving average
• Detection of hammers confirmed by the following candle

General filtering:

• Minimum price
• Minimum average volume
• Average volume period
• Volume calculation: number of shares or traded value

Characteristics:

• Works on all timeframes
• 1 screener multi TF
• ProRealTime V11 and later versions compatible
• Free ProRealTime (daily closings) compatible
• Settings can be adjusted without modifying the code
• Hammer Indicator included
• Free automatic updates

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

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