OPEN-SOURCE SCRIPT
Weekly Hammer Reversal Scanner V2
## Weekly Hammer Reversal Scanner V2
The **Weekly Hammer Reversal Scanner V2** is designed to identify potential bullish reversal setups based on weekly hammer candlestick patterns combined with additional technical confirmation.
Rather than identifying every candle that technically qualifies as a hammer, the scanner uses multiple filters to help isolate stronger setups.
### What the Scanner Looks For
A qualifying setup can include:
* **Weekly Hammer Pattern** — A small candle body with a lower wick at least 2× the size of the body and a relatively small upper wick.
* **Strong Weekly Close** — The stock must close toward the upper portion of its weekly trading range.
* **Prior Downtrend** — Helps identify hammers occurring after recent selling pressure rather than during an already extended move.
* **20-Week / 50-Week Moving Average Support** — Identifies hammers forming near potentially important longer-term technical levels.
* **Volume Confirmation**
The **Weekly Hammer Reversal Scanner V2** is designed to identify potential bullish reversal setups based on weekly hammer candlestick patterns combined with additional technical confirmation.
Rather than identifying every candle that technically qualifies as a hammer, the scanner uses multiple filters to help isolate stronger setups.
### What the Scanner Looks For
A qualifying setup can include:
* **Weekly Hammer Pattern** — A small candle body with a lower wick at least 2× the size of the body and a relatively small upper wick.
* **Strong Weekly Close** — The stock must close toward the upper portion of its weekly trading range.
* **Prior Downtrend** — Helps identify hammers occurring after recent selling pressure rather than during an already extended move.
* **20-Week / 50-Week Moving Average Support** — Identifies hammers forming near potentially important longer-term technical levels.
* **Volume Confirmation**
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.