scanner to spot hammers

[plwbrown]

hi guys

does anyone know of a software package that can alert me when a 5 min candlestick hammer has been formed ( preferably coinciding with a check of %b and/or %k values for the same stock ) ??

many thanks in advance
p

 

[Trader333]

You can do this with the Radarscreen version of Tradestation although you may need to write the study yourself to do it.

 

[plwbrown]

thats great, thanks.....are you aware of any that would facilitate using a sample of UK equities??

thanks in advance

 

[Trader333]

The way that Radarscreen works is that you would need to subscribe to a data feed that provides UK equities and then the study would alert you to hammers in the timeframe you have chosen.

Are you looking at intra-day or end of day ?

 

[plwbrown]

The way that Radarscreen works is that you would need to subscribe to a data feed that provides UK equities and then the study would alert you to hammers in the timeframe you have chosen.

Are you looking at intra-day or end of day ?

thanks....am looking at both ( intraday will be on 5 min or 15 min candles )