Screener for detecting hammers in a downtrend

Screener for detecting hammers in a downtrend

This follows the simple logic that during a downtrend, when we see a hammer follows by a bullish candle, then it could be a reversal. This screener includes the first check, for the first bullish candle after the hammer. It only checks 3 downtrend candles, you could add more if you want an even stronger sign of downtrend, however you can easily see the trend when opening the charts. Enjoy!

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ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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