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MZpack API 2.3.23 beta

· One min read
MZpack Team
Development Team

New Hammer with Absorption signal, 3rd part of position feature, and optimization for all main parameters.

What's New​

  • Added "Hammer with Absorption" signal
  • Absorption settings integrated into "Footprint" category
  • Added 3rd part of position feature
  • Added "Suspend after trade" option
  • Optimization capability extended to all main parameters

Hammer with Absorption Signal​

This new signal executes trades when absorption occurs within a hammer candle pattern, indicating trapped sellers or buyers. The Point of Control (POC) filter allows traders to require absorption at, above, or below the POC level.

  • Long Entry: Bullish hammer candle with buy absorption (trapped sellers) in the wick
  • Short Entry: Bearish hammer candle with sell absorption (trapped buyers) in the wick