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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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Herlina Sari
5 (2)
Uzman Danışmanlar
ONLY 5 COPIES OUT OF 10 LEFT AT $499! After that, the price will be raised to $799. Alins Crown EA is Fully Automated Expert Advisor specifically designed to run on the XAUUSD/GOLD pair. Alins Crown EA will trade based on analysis that uses the concept of following trends and making transactions in overbought or oversold zones. Trends In forex is defined as the general direction in which a currency pair's price is moving. Trends can be upward (bullish), downward (bearish), or sideways (ranging
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Uzman Danışmanlar
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Sachin Gautam
5 (7)
Uzman Danışmanlar
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Maksim Dmitriev
2.63 (8)
Uzman Danışmanlar
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Xian Qin Ceng
4.67 (3)
Uzman Danışmanlar
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Thi Thu Ha Hoang
4.69 (26)
Uzman Danışmanlar
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Dark Algo MT5
Marco Solito
4.97 (60)
Uzman Danışmanlar
Last copy at 399$ -> 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 Gold Reaper MT5
Profalgo Limited
4.28 (74)
Uzman Danışmanlar
PROP FİRMASI HAZIR!   (   SETFILE'ı indirin   ) PROMO BAŞLAT: Mevcut fiyata yalnızca birkaç kopya kaldı! Son fiyat: 990$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Altın Reaper'a hoş geldiniz! Çok başarılı Goldtrade Pro'yu temel alan bu EA, aynı anda birden fazla zaman diliminde çalışacak şekilde tasarlanmıştır ve ticaret sıklığını ç
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Xian Qin Ceng
5 (5)
Uzman Danışmanlar
Birçok kişi XAUUSD alım satımını sever ve ben de bir istisna değilim. Biraz alım satım deneyimi ve sıkı çalışma biriktirdikten sonra, bu Apocalypse XAU EA'yı özellikle XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD gibi tüm XAU ile ilgili çeşitlerin alım satımı için yarattım. Bununla birlikte, birçok kişinin tüm XAU döviz çiftleriyle işlem yapması gerekmeyebileceği, yalnızca XAUUSD ticareti yapması gerektiği göz önüne alındığında, giriş seviyesi bir EA çok anlamlı hale gelir. Bu yüzden özellikle XAU
Gold Scalping Expert mt5
Vasiliy Strukov
5 (8)
Uzman Danışmanlar
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
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Profalgo Limited
4.27 (33)
Uzman Danışmanlar
Tanıtımı başlat! 449$'dan sadece birkaç kopya kaldı! Sonraki fiyat: 599$ Son fiyat: 999$ 1 EA'yı ücretsiz alın (2 ticari hesap için) -> satın aldıktan sonra benimle iletişime geçin 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, Altın ticareti EA'ları kulübüne katılıyor, ancak
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Profalgo Limited
4 (9)
Uzman Danışmanlar
Promozione lancio: Numero limitato di copie disponibili al prezzo corrente Prezzo finale: 990$ NOVITÀ: ottieni 1 EA gratis!   (per 2 account commerciali) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Benvenuto in DayTrade Pro Algo!   Dopo anni di studio dei mercati e programmazione di diverse strategie, ho trovato un algoritmo che ha tutto ciò di cui ha bisogno un buon sistema di trading: È indipende
Gold Harvest MT5
Abdul Jalil Mridah
4.33 (3)
Uzman Danışmanlar
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
HFT PropFirm EA MT5
Dilwyn Tng
4.84 (25)
Uzman Danışmanlar
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
Aura Neuron MT5
Stanislav Tomilov
5 (3)
Uzman Danışmanlar
Aura Neuron, Aura serisi ticaret sistemlerini sürdüren özgün bir Uzman Danışmandır. Gelişmiş Sinir Ağları ve son teknoloji klasik ticaret stratejilerinden yararlanarak Aura Neuron, mükemmel potansiyel performansa sahip yenilikçi bir yaklaşım sunar. Tamamen otomatik olan bu Uzman Danışman, EURUSD ve XAUUSD (ALTIN) gibi döviz çiftlerinde işlem yapmak üzere tasarlanmıştır. 1999'dan 2023'e kadar bu çiftlerde tutarlı bir istikrar göstermiştir. Sistem, martingale, grid veya scalping gibi tehlikeli pa
Gold Scalper Trading MT5
Ho Tuan Thang
3.55 (22)
Uzman Danışmanlar
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
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Sürüm 1.1 2024.05.28
minor bug fixed