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Hammer Master MT5

Introducing HammerMaster EA, your ultimate trading assistant designed for the MQL5 market. Harness the power of technical analysis with our expert advisor that identifies and capitalizes on hammer candlestick patterns. Whether you’re a novice or an experienced trader, HammerMaster EA offers robust features to enhance your trading strategy and maximize your potential profits.

Strategy Overview

HammerMaster EA is based on the identification of hammer candlestick patterns, specifically the bullish hammer and the bearish hammer. These patterns signal potential reversals in the market, offering lucrative trading opportunities. Here’s how it works:

  • Hammer Candles: The EA scans for hammer candlestick patterns. A bullish hammer suggests a potential upward reversal, while a bearish hammer indicates a potential downward reversal.
  • Pin Bar and Key Bar: The EA also identifies pin bars (candles with long shadows) and key bars (confirmation candles) to ensure the hammer pattern is valid.
  • Confirmation: Once a hammer is detected, the EA waits for confirmation before entering a trade. For bullish hammers, it enters a long trade, and for bearish hammers, it enters a short trade.

Key Features

  • General Settings:

    • Index Symbol: Set the symbol to trade (e.g., EURUSD).
    • Trade LONG and SHORT: Enable or disable long and short trades.

  • Hammer Settings:

    • TimeFrame: Specify the timeframe for identifying hammer patterns (default: H1).
    • Shadow to Body Ratio: Define the shadow to body ratio for a valid hammer pattern.
    • Candles Back: Determine how many candles to look back for the highest and lowest points to identify the hammer.

  • Trend Settings:

    • Number of Candles for Trend: Set the number of candles to consider for identifying the trend.
    • Trend TimeFrame: Specify the timeframe for trend analysis (default: M1).

  • Trade Settings:

    • Initial Risk: Configure the initial risk for lot size calculation.
    • StopLoss and Risk per Reward: Set your stop-loss distance and risk-to-reward ratio.
    • Martingale Coefficient: Apply a lot multiplier after a stop-loss for a martingale strategy.

  • Object Color Settings:

    • Customize colors for bullish and bearish hammer zones, approved hammers, and trade arrows for better visual identification.

  • EA Identifier:

    • Assign unique comments and magic numbers for multi-chart trading.

  • Time Settings:

    • Define specific hours and days to apply the EA, ensuring trades are executed only during your preferred trading times.

Inputs Overview

  • DollarIndexSymbol: Choose the symbol to trade, default is "EURUSD".
  • Buy and Sell: Enable or disable long and short trades.
  • risk: Define your risk management parameters.
  • TimeFrame: Select the timeframe for identifying hammers, default is PERIOD_H1.
  • ShadowToHammerFactor: Set the ratio of the shadow to the body for hammer candles.
  • CandlesBack: Number of candles to look back for hammer identification.
  • Eper: Number of candles to determine the trend.
  • ETF: Trend timeframe, default is PERIOD_M1.
  • RISK: Initial risk for lot size calculation.
  • StopLoss: Stop-loss distance based on hammer high/low.
  • RPR: Risk per reward ratio for trades.
  • MartingaleCoefficient: Lot multiplier after a stop-loss.
  • Color Settings: Customize colors for different trading elements.
  • EAComment: Comment/Identifier for the EA.
  • MagicNumber: Unique magic number for the EA.
  • StartHour and EndHour: Define trading hours.
  • Weekday Settings: Specify which days of the week the EA should trade.

Why Choose HammerMaster EA?

  • Precision: Accurate identification of hammer candlestick patterns ensures high-quality trade entries.
  • Customization: Extensive input settings allow for tailored trading strategies to suit your needs.
  • Trend Analysis: Integrated trend analysis enhances trade accuracy and decision-making.
  • Risk Management: Sophisticated risk management features, including initial risk settings and martingale coefficients, protect your investments.

Elevate your trading with HammerMaster EA – where technical precision meets strategic excellence. Get started today and watch your trading performance soar!


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The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
AI NoX EA MT5
Denis Kurnev
4.08 (12)
Experts
AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor Real Time Signal XAUUSD:  https://www.mql5.com/en/signals/2254092 Real Time Signal USDJPY:  https://www.mql5.com/en/signals/2254091
Dark Algo MT5
Marco Solito
5 (57)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
The King Advisor MT5
Guillem Boix Martin
4.62 (52)
Experts
The King Advisor è un algoritmo altamente avanzato di  reti neurali . La sua strategia si basa sull'identificazione dei livelli di supporto, resistenza e linee di tendenza attraverso un sofisticato sistema di autoapprendimento e un sistema di trading ideato con anni di esperienza e lavoro.  Sviluppato da un team di trader esperti. SI PREGA DI NOTARE CHE CI SARA' UN LIMITE DI 200 ESEMPLARI --> Totale copie vendute aggiornate: 195 Abbiamo una promozione che offre il nostro prossimo EA. Contattatec
Alphabet AI MT5
Sergei Pomytkin
4.25 (4)
Experts
Alphabet AI è un consulente che combina due approcci di trading popolari: la strategia multi-livello percettrone (MLP) e la strategia di ritorno alla media. Una strategia MLP può identificare trend a lungo termine e prevedere i futuri movimenti dei prezzi, mentre una strategia di mean reversion può sfruttare le deviazioni dei prezzi a breve termine dalla media. La combinazione di una strategia perceptron multi-livello con la reversione alla media nei consulenti di trading offre un approccio pot
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
Experts
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Gold Trade Pro MT5
Profalgo Limited
4.39 (33)
Experts
Promo lancio! Sono rimaste solo poche copie a 449$! Prossimo prezzo: 599$ Prezzo finale: 999$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro si unisce al club degli EA che commerciano oro, ma con una
HFT PropFirm EA MT5
Dilwyn Tng
4.83 (24)
Experts
Versione MT4: https://www.mql5.com/en/market/product/104871 Monitor delle prestazioni della sfida HFT MT5 (non per account live): Broker: Fusion Market Login: 89600 Password: Greenman89$ Server: FusionMarkets-demo Oltre 700 recensioni autentiche a 5 stelle per la versione MT4 rilasciata in precedenza: https://www.mql5.com/en/market/product/104871?source=Unknown#!tab=reviews Canale pubblico: https://www.mql5.com/en/channels/hftpropfirmea Versione MT4: https://www.mql5.com/en/market/product/104871
Diamond Titan FX
Lo Thi Mai Loan
4.6 (20)
Experts
Ciao, sono Diamond Titan FX. Questo EA è progettato specialmente per le coppie US30. L'EA non utilizza strategie rischiose come Martingale o Grid. Per impostazione predefinita, l'EA imposta uno SL fisso di 50 pips per ogni operazione, ma puoi cambiarlo se desideri. L'EA implementa anche uno trailing stop che blocca i profitti a partire da 10 pips, e puoi modificarlo. Dispone di una funzione di gestione del drawdown per l'intero conto. L'EA include un'opzione di filtro per le notizie se desideri
BitBull EA
Arseny Potyekhin
4.6 (5)
Experts
Cari Trader, Sono molto lieto di presentarvi il nostro ultimo progetto. EA BitBull . Il trading reale di criptovalute è ora una realtà! Segnali: Segnale dal vivo 1 Poiché questa strategia è così unica, voglio vendere solo un numero limitato di licenze. Pertanto, il prezzo aumenterà progressivamente per limitare le vendite. Il prossimo prezzo è  790 USD . Con l'aiuto dei nostri stimati partner da tutto il mondo, siamo riusciti a sviluppare una strategia crittografica innovativa. Questa stra
Gold Scalper Trading MT5
Ho Tuan Thang
3.93 (28)
Experts
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
Apocalypse Gold
Xian Qin Ceng
5 (8)
Experts
A molte persone piace il trading XAUUSD e io non faccio eccezione. Dopo aver accumulato esperienza di trading e duro lavoro, ho creato questo Apocalypse XAU EA appositamente per il trading di tutte le varietà correlate a XAU, come XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. Tuttavia, considerando che molte persone potrebbero non aver bisogno di scambiare tutte le coppie di valute XAU, ma solo XAUUSD, un EA entry-level diventa molto significativo. Quindi ho deciso di creare Apocalypse Gold, un EA
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Support and Resistance trader EA
Maziar Safaeinajafabadi
5 (2)
Experts
Identify key support and resistance zones, and execute trades strategically when the market exhibits overbought or oversold conditions. This EA, referred to as "Supply Demand Agent," is designed to help traders find suitable entry and exit points in the market based on support and resistance areas, as well as overbought and oversold conditions. Let's break down the key input parameters to explain how the EA operates: Money Management Settings: LotSize : Specifies the initial lot size for trading
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Support and Resistance trader EA MT4
Maziar Safaeinajafabadi
Experts
Identify key support and resistance zones, and execute trades strategically when the market exhibits overbought or oversold conditions. This EA, referred to as "Supply Demand Agent," is designed to help traders find suitable entry and exit points in the market based on support and resistance areas, as well as overbought and oversold conditions. Let's break down the key input parameters to explain how the EA operates: Money Management Settings: LotSize : Specifies the initial lot size for trading
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Maziar Safaeinajafabadi
Experts
Introducing a sophisticated   BreakOut   and   RecoveryZone   tool designed to empower traders in any market scenario, facilitating the optimization of trade opportunities. The core strategy revolves around executing price breakouts using BuyStop and SellStop orders to achieve specific profit targets in dollars. Notably, traders can manually set the BuyStop and SellStop levels by simply clicking and dragging lines on the chart (FixedZone=true is required). For swift market entry, you can dr
Triangular Arbitrage Expert Advisor
Maziar Safaeinajafabadi
Experts
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Maziar Safaeinajafabadi
Experts
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Mathematician EA MQLSquare MT4
Maziar Safaeinajafabadi
Experts
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Maziar Safaeinajafabadi
Experts
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Maziar Safaeinajafabadi
Experts
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MQLSquare Grid Scalper
Maziar Safaeinajafabadi
Experts
Introducing a powerful and user-friendly trading tool designed to supercharge your trading capabilities through a grid strategy. Crafted for dedicated traders seeking a high-quality tool to execute their trades, this EA offers a range of features and options to enhance your trading experience. Here's a breakdown of the key inputs and functionalities: 1.   **Starting Lot Size:**   Define your initial lot size to kickstart your trading cycle. 2. ** Multiplier :** Tailor your lot size for
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Maziar Safaeinajafabadi
Experts
Introducing a sophisticated BreakOut and RecoveryZone tool designed to empower traders in any market scenario, facilitating the optimization of trade opportunities. The core strategy revolves around executing price breakouts using BuyStop and SellStop orders to achieve specific profit targets in dollars. Notably, traders can manually set the BuyStop and SellStop levels by simply clicking and dragging lines on the chart (FixedZone=true is required). For swift market entry, you can drag the Bu
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Maziar Safaeinajafabadi
Experts
Mathematician EA MQLSquare is not just another trading tool; it's a high-end solution designed to empower traders with exceptional precision and unwavering confidence in the dynamic world of financial markets. Armed with advanced algorithms and mathematical models, this cutting-edge software provides traders, both seasoned professionals and newcomers, with a formidable edge to make informed decisions and optimize their trading strategies. Key Features: Tested and Proven: Mathematician EA has un
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Maziar Safaeinajafabadi
Experts
Choose your desired lot size and profit target, and watch the magic happen! Introducing the   Trend Follower EA , your ultimate trend-tracking trading assistant. This intelligent algorithm tirelessly follows market trends and trades in the chosen direction until your profit target in dollars is met. Additionally, we offer a unique "Single Cycle" option. When activated ( strongly recommended ), the EA automatically removes itself from your chart after reaching its profit goal. It patiently w
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Versione 1.1 2024.05.28
minor bug fixed