Doji and Hammer Scanner MT5

Doji Hammer Scanner MT5

🕯️ Multi-Symbol Doji & Hammer Candlestick Scanner

Doji Hammer Scanner is a simple and efficient MT5 tool designed to automatically scan multiple symbols and detect Doji and Hammer candlestick patterns on the last closed candle.

Instead of manually switching between charts and looking for candlestick formations, the scanner checks all configured symbols on the selected timeframe and displays the results directly on your chart.

Ideal for traders who use price action, candlestick patterns, reversals and support/resistance analysis and want a fast way to identify potential market setups.

⚙️ Main Features

✅ Multi-symbol candlestick scanning
✅ Detects Doji patterns
✅ Detects Lower Hammer patterns
✅ Detects Upper Hammer patterns
✅ Analyzes the last closed candle
✅ Adjustable analysis timeframe
✅ Custom symbol list
✅ Configurable Doji sensitivity
✅ Configurable Hammer wick-to-body ratio
✅ Average candle range filter
✅ Doji and Hammer detection can be enabled/disabled independently
✅ Lightweight and simple chart display

📊 Detected Patterns

Pattern Description Typical Interpretation
Doji Very small candle body compared to total range Market indecision / possible reversal
Lower Hammer Long lower wick with relatively small body Potential bullish rejection
Upper Hammer Long upper wick with relatively small body Potential bearish rejection

🧩 Customization Parameters

Category Parameters
Symbols Custom list of symbols separated by commas
Timeframe Selectable timeframe for pattern analysis
Doji Enable/Disable, Body-to-Range Ratio, Range Multiplier
Hammer Enable/Disable, Wick-to-Body Ratio, Maximum Body Size
Range Filter Adjustable candle range relative to recent average range

🔍 Smart Candle Range Filter

The scanner does not detect patterns based only on candle shape.

It also compares the candle range with the average range of recent candles. This helps filter out unusually small or oversized candles and allows the user to control how strict the pattern detection should be.

For example:

Doji Body-to-Range Ratio = 0.10

means that the candle body can represent a maximum of approximately 10% of the total candle range to qualify as a Doji.

Hammer Wick-to-Body Ratio = 2.0

means that the relevant wick must be at least 2× larger than the candle body.

🧠 Usage Ideas

  • Find potential reversal candles across multiple symbols

  • Scan Forex pairs without manually opening every chart

  • Use Doji signals as confirmation near Support/Resistance levels

  • Find bullish rejection candles using Lower Hammer detection

  • Find bearish rejection candles using Upper Hammer detection

  • Combine signals with RSI, MACD, EMA or other technical indicators

  • Use as an additional confirmation tool before trade entries

💻 Compatibility

  • Platform: MetaTrader 5

  • Language: MQL5 (compiled .ex5)

  • Works with: Forex and other broker-supported symbols

  • Analysis: Last closed candle

  • Multi-symbol scanning: Yes

  • Custom timeframe: Yes

⚠️ Important

The indicator is a market scanning and technical analysis tool. It does not automatically open or close trades.

Candlestick patterns should not be used as standalone trading signals. For better results, combine them with market structure, trend analysis, Support/Resistance levels or other confirmation methods.


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