One I put together from a thread on elite trader. Reference :- A line itself is just one interval (One Candle) It alone cannot be use to make trade decisions even though many traders will attempt such and fail (losses) via thinking any Hammer line they see is a trade signal. A pattern involves the line and involves the price action of other intervals prior to the line and sometimes involves the interval after the line. The reference white means Close > Open of that particular interval. The reference dark means Open > Close of that particular interval. Candle Rules :- Bullish White Hammers :- * Low of white hammer line < lows of the prior three intervals. * Depth (length) of long lower shadow of the white hammer line > depth (length) of the lower shadows of the prior three intervals. * Long Lower Shadow of white hammer should be greater than bodies of 3 prior intervals * The Body should be > Upper Shadow * If one of previous 3 candles is a Red WRB then the Lower shadow of the hammer must be longer than the bodies of the 3 candles prior to the WRB Bullish Dark Hammers :- * Dark hammer line requires a white line in the first interval after the hammer line that engulfs the body * Close of white line > Open of dark hammer line * Body depth of white line > Body depth of dark hammer line * The lower shadow must be greater than the candlestick body. (Of The hammer) * The lower Candle Body must be greater than the upper shadow. Inverted Bearish Dark Hammers :- The lower shadow length < Body length The Upper shadow length > Body Length High of Dark Inverted Hammer > High of white WRB * Any intervals between the white WRB and Dark Inverted Hammer... If the intervals have a long lower shadow...that long lower shadow must not test (equal or less than) the Open of the white WRB. * High of the Dark Inverted Hammer > High of the White WRB Sub-group: Reversal Signal Long Upper Shadow of Dark Inverted Hammer must have engulfed the Body of at least one of the prior intervals between the White WRB and the Dark Inverted Hammer Line. * Any intervals between the White WRB and Dark Inverted Hammer... If the intervals have a long lower shadow...their long lower shadows must not test (equal or less than) the Open of the White WRB. * If there are white candlestick lines (Close > Open) among the prior three intervals before the White WRB... Close of the White Lines must be < Body mid-point of the White WRB. * If there are dark candlestick lines (Open > Close) among the intervals between the White WRB and the Dark Inverted Hammer... Close of Dark Inverted Hammer must be < Close of the most recent Dark Line to the Dark Inverted Hammer. Sub-group: Continuation Signal High of Dark Inverted Hammer < High of White WRB. I mentioned recently that if that WRB upper shadow is too long...I will often use the following... High of Dark Inverted Hammer < Close of White WRB. * Long Upper Shadow of Dark Inverted Hammer must have engulfed the Body of at least two of the prior intervals between the White WRB and the Dark Inverted Hammer Line. * There must be at least one dark candlestick line and one white candlestick line among the prior three candlesticks that occurred before the Dark Inverted Hammer line. * Close of Dark Inverted Hammer must be < Close of the most recent Dark Line to the Dark Inverted Hammer. Stop Rules :- First I decide what is the key support level (a specific price) below the closing price of the Hammer Line. In that particular price action for the ES chart in question... I changed the 5min interval to a 10min interval to look for any prior long lower shadows that hadn't been filled in by the price action that followed it. Had I not found one on the 10min chart...I would have gone up to the next interval...15min and so on until I found a long lower shadow that had not had its area filled in by the price action that followed that particular interval. like to place my stop 1-2 ticks below the support price I find. Exits:- If Long...profit targets are WRB's that occurs at a higher price above the Long. If Short...profit targets are WRB's that occurs at a lower price below the Short. WRB (wide range body) > Prior three bodies