Educational — how this pattern is calculated and where it has historically triggered.
A hammer is a candle with a small body and a long lower wick that appears after a decline. It shows that sellers pushed price well below the open during the day, but buyers recovered most of the loss by the close.
This is a single-bar signal — it marks the bar the pattern forms and does not persist.
Real bars from a recent fire of this scanner. The diagram shows where the rule triggers and where it no longer matches; it does not mark when to trade.