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Hammer Star

This powerful tool is designed to help traders identify key reversal patterns in their charts, including the hammer and star bar formations.

With this indicator, you can quickly and easily spot these patterns as they form, allowing you to make well-informed trades and potentially increase your profits.

The Hammer Start indicator is customizable, allowing you to set your own parameters for identifying patterns and alerts.

Whether you're a seasoned trader or just starting out, the Hammer and Star Bar Formation indicator for MT5 is a must-have tool for any trader looking to increase their chances of success.

Don't miss out on this powerful trading tool - get your hands on the Hammer and Star Bar Formation indicator for MT5 today!

Settings that provided in indicator:

  • Period to find high/low above/below the nearest X bars

It is mean the high of bar for failing star must be higher than highs of X bars before.

Or the low of bar for hammer star must be lower than lows of X bars before.

  • Top/bottom wick must be X times bigger than body

It is mean the higher  wick of failing star bar must be X times  bigger than body.

Or the lowest wick of the hammer bar must be bigger X times than body.

  • Opposite wick must be X times bigger than signal wick

It is mean the higher  wick of failing star bar must be X times bigger than lower wick.

Or the lowest wick of the hammer bar must be bigger X times than higher wick.

  • Alert
  • Push to mobile MT5
  • Comment to message (alert/PUSH)

High TF like H4 is recommended. 

The indicator does not redraw.


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Arkadii Zagorulko
4.5 (8)
The EA logic is based on opening a trade in the direction of the trend after some consolidation. The EA also opens additional orders in the event of an imaginary trend change, in the hope that the price will return to the previous direction and the orders will be closed sooner. If the trend has changed, the robot closes unprofitable orders with the help of open other  orders following the trend. (part hedging) Default parameters for EURUSD M15 (5 digits).  Many Expert Advisors show remarkable r
Accipiter
Arkadii Zagorulko
A trend indicator based on the breakout of levels. Only one setting allows very fast adaptation on a specific symbol. This indicator is non-repainting indicator and only for desktop MT4 platform. Mobile PUSH. Desktop Alert. Email Alert. Shows arrows for entry at closed bar. Works on any MT4 symbol and any time frame. It can serve as an addition to your trading system.
Ftool 2
Arkadii Zagorulko
The panel allows you to place and open orders with one click of a button. It is possible to quickly change the parameters of the lot, take profit, stop loss and expiration time. The expiration parameter is valid only for pending orders. The trading panel works in the tester. To open a pending order, click on the buy or sell stop button, and then on a place on the chart. (This function cannot work in the strategy tester for technical reasons) Expiration time is in minutes, everything else
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