Plots an arrow above a hammer candle or candle with big lower wick. Yellow signifies a candle with higher than average volume. Blue is a lower than average volume candle. Hammers/Lower Wick candles are best after a drop in price or near bottoms.
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Previously was only marking hammers that had a larger range than the previous candle. Now marking all hammers. If range is less than previous candle, indicator is on bottom of candle. If range is greater than previous candle, indicator is on top of candle.
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Updated name.
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Updated how top wick is compared to candle.