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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. 

Indicator is not redraws. 


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Marzena Maria Szmit
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Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
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Sergey Ermolov
4.49 (37)
Version MT4   |  FAQ L' indicateur Owl Smart Levels est un système de trading complet au sein d'un seul indicateur qui comprend des outils d'analyse de marché populaires tels que les fractales avancées de Bill Williams , Valable ZigZag qui construit la structure d'onde correcte du marché et les niveaux de Fibonacci qui marquent les niveaux exacts d'entrée. sur le marché et les endroits où prendre des bénéfices. Description détaillée de la stratégie Mode d'emploi de l'indicateur Conseiller-Assis
Eng Gold
Ely Alkrar Xshkaky
ENG-GOLD Scalper It is an auxiliary indicator that identifies potential targets and determines the place of entry with a stop loss that works on Heiken Ashi candles  The green lines are usually the targets, the red lines are the stop loss, and the yellow lines are the entry location.  This file is recognized on small and medium frames, usually less than the watch frame I highly recommend using XAUUSD US100 US30 USOIL 
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