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welcome to the another video on stock
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in this video i am going to show you how
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to find the stocks which are making
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so let's see how to do this
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you need this free scanner created using
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python to run the scan
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i have given the video link of how to
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create this free scanner using python in
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please watch it and create this scanner
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okay let's see how to filter all stocks
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which are forming hammer patterns
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first condition is trend should be
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so first we have to check whether the
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previous candle is closed in trade
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that means close of -1 is lower than
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here -1 denotes previous candle and 0
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next condition is open of loss candle
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above the half of the candle length
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final condition is close of flash candle
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should be above the half of the candle
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okay we have added condition
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now let's run the scanner
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okay we found three stocks which are
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making hammer patterns
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let's check each of them in charge
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yes it is almost a hammer
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next one is next lanes
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yes this is exactly a hammer pattern
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next one is petronite
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yes this is also a hammer pattern
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next we gonna scan stocks which are
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making inverse hammer
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as we have already done in previous scan
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we are adding close of minus one is
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lower than open of minus 1.
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next condition is open and close of last
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candle should be below the half of the
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okay let's run the scanner
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five stocks found let's check each of
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first godrej properties
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yes it's a inverse hammer pattern
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it's almost a hammer pattern
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yes it's a inverse hammer pattern
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yes this is a inverse hammer pattern
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yes this is also an invest hammer
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okay friends the video ends now
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i hope you all understood how to scan
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hammer pattern stocks easily using this
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if you have any doubts please let me
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please subscribe to my channel for more
[287]
videos thank you for watching
