StockFetcher Forums · General Discussion · Hammer<< 1 2 >>Post Follow-up
jaketheguy
52 posts
msg #38105
Ignore jaketheguy
9/20/2005 3:42:12 PM

Nice job alf44. In order to get the link above to execute, the extra '{' at the front needs to be removed, a minor correction.

I did a search on the inverted hammer, and came up with the following link:

http://www.litwick.com/indicators/1122.html

Notice that their definition has an added constraint, in that the open is below the previous days close. They also state "Confirmation of the trend reversal would by an opening above the body of the Inverted Hammer on the next trading day."

Below is the 'Inverted Hammer - Confirmed' filter according to their stricter guidelines:


Fetcher[/* Inverted Hammer - Confirmed */
set{cA, count(high is more than 3% above open, 1) 1 day ago*count(close is less than 0.7% above low, 1)1 day ago}
set{cB, count(close is above open, 1)1 day ago*count(open is less than 1% below close, 1)1 day ago}
set{AND1, cA*cB}
set{AND1x, AND1* open is above close 1 day ago}


set{oA, count(high is more than 3% above close, 1)1 day ago*count(open is less than 0.7% above low, 1)1 day ago}
set{oB, count(open is above close, 1)1 day ago*count(close is less than 1% below open, 1)1 day ago}
set{AND2, oA*oB}
set{AND2x, AND2* open is above open 1 day ago}


set{OR1, AND1x+ AND2x}

show stocks where OR1 above 0
and open 1 day ago is below close 2 days ago
and open is above close 1 day ago
]




StockFetcher Forums · General Discussion · Hammer<< 1 2 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus