Hammer candlestickSHIPPING CORP OF INDIA LTDNSE:SCILakshyasmartmoney77//@version=5 indicator("Hammer Alert", overlay=true) // Hammer Candlestick Definition (basic) isHammer = close > open and ((high - low) > 3 * (close - open)) and ((close - low) / (0.001 + high - low) > 0.6) and ((open - low) / (0.001 + high - low) > 0.6) // Plot Hammer Pattern on Chart plotshape(isHammer, style=shape.labelup, location=location.belowbar, color=color.green, size=size.small, text="Hammer") // Alert Condition alertcondition(isHammer, title="Hammer Detected", message="Hammer candlestick pattern detected!")