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:
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