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Inverted Hammer

Inverted Hammer is a bullish reversal pattern with a small body and a long upper shadow, suggesting potential upward movement.

Method

tm.ta.cdlinvertedhammer(source_open, source_high, source_low, source_close)

Inputs

ParameterArgument typeDescriptionDefault Value
source_openpd.SeriesOpen prices series-
source_highpd.SeriesHigh prices series-
source_lowpd.SeriesLow prices series-
source_closepd.SeriesClose prices series-

Outputs

OutputType
cdlinvertedhammernp.ndarray

Example usage

strategy.py
import tradomate as tm
@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):
# Trying out Inverted Hammer
cdlinvertedhammer = tm.ta.cdlinvertedhammer(data.open, data.high, data.low, data.close)
# Get the last value and print
last_value = cdlinvertedhammer.iloc[-1]
tm.log(f"Last value of Inverted Hammer is {last_value}")
# Plot the values of cdlinvertedhammer
tm.plot(cdlinvertedhammer, title="Inverted Hammer", overlay=False)