AlgoAI Hammer & Shooting Star Fib System — Strategy by ArtificialIntelligenceAlgo
By ArtificialIntelligenceAlgo
Performance Metrics
- Author: ArtificialIntelligenceAlgo
- Symbol: BITSTAMP:BTCUSD
- Timeframe: 15 minutes
- Win Rate: 52.5%
- Profit Factor: 0.847
Description
AlgoAI Hammer & Shooting Star Fib Indicator is a reversal-based trading tool designed to detect hammer and shooting star candlestick setups with trend filtering and Fibonacci-based trade management. It helps traders identify potential bullish and bearish reversal points, then plots structured stop loss and profit target levels directly on the chart for cleaner decision-making.The indicator highlights hammer candles after downside pressure and shooting star candles after upside pressure, using wick-to-body structure and directional context to improve signal quality. Once a setup is triggered, it displays fib-based exit levels so traders can manage risk and rewards with more consistency.Use this tool to scan for price-action reversals, visualize entry zones, and map out targets without manual fib drawing. For the full AlgoAI suite, visit algoai.store.