scanner to spot hammers

plwbrown

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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
 
You can do this with the Radarscreen version of Tradestation although you may need to write the study yourself to do it.
 
thats great, thanks.....are you aware of any that would facilitate using a sample of UK equities??

thanks in advance
 
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 ?
 
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 )
 
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