Hammer Master MT4

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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Benvenuti a Quantum Pips AI, un consulente esperto di nuova generazione! Solo 2/5 copie saranno vendute a questo prezzo. In seguito il prezzo aumenterà automaticamente per assicurarsi che le prestazioni del robot siano adeguate ai conti reali. Contattatemi dopo l'acquisto e riceverete un indicatore gratuito (del valore di oltre 65$). Quantum Pips AI è un Expert Advisor all'avanguardia meticolosamente progettato per trarre profitto dal mercato forex. Questo sistema intelligente si avvale di un'an
One Gold MT4
Stanislav Tomilov
4.68 (19)
Presentazione di One Gold EA, un sofisticato robot di trading per l'oro sulla piattaforma Meta Trader, sviluppato per assistere i trader con analisi di mercato avanzate. La nostra tecnologia proprietaria sfrutta reti neurali e algoritmi basati sui dati per analizzare i dati storici e in tempo reale del mercato dell'oro, fornendo informazioni che possono aiutare nel processo decisionale. A differenza delle tradizionali strategie manuali, One Gold EA opera con un intervento minimo, semplificando i
GoldJump
Gun Gun Gunawan
GoldJump EA è un Expert Advisor basato su una strategia di scalping sull’oro, progettato specificamente per il timeframe M1 con un approccio strutturato alla gestione del rischio. Questo EA sfrutta i movimenti rapidi del prezzo durante la sessione asiatica per individuare opportunità di ingresso, puntando a movimenti brevi ma costanti del mercato. Il sistema è dotato di controllo del Drawdown (DD Max), Stop Loss (SL) misurato e Take Profit (TP) ottimizzato per mantenere la stabilità delle perfor
ORIX mt4
Leonid Arkhipov
4.75 (4)
ORIX System — un robot di trading sviluppato specificamente per la coppia di valute GBPUSD sul timeframe M5 . L’Expert Advisor si basa sull’analisi del comportamento del prezzo e degli elementi della struttura di mercato e non utilizza indicatori tecnici standard. Il robot non utilizza martingala, griglie di trading, mediazioni contro il mercato, hedging, apertura di operazioni senza stop loss, né trading ad alta frequenza o caotico. Live signals Requisiti e raccomandazioni principali Coppia di
Poison Ivy
Janet Abu Khalil
5 (2)
Info: Working trading pairs :  XAUUSD, GOLD  Timeframe: H1 Min deposit: $100 Min leverage 1:20  Works with any broker, though an ECN broker is recommended Live signal :  https://www.mql5.com/en/signals/2382616 Features: No martingale No grid trading No averaging No dangerous money management techniques Hard stop loss and take profit for every trade Stable results since 1999 with 99.9% quality quotes Not sensitive to broker conditions Easy to install and use FTMO and Prop firm ready Complies wi
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Wonder 1
Mario Baldantoni
Wonder 1 fa parte della collezione Wonder, strategie che ho selezionato dai miei portafogli. Opera su AUDJPY nel timeframe H1 usando un modello fuzzy-logic che legge la struttura dei prezzi mensile e giornaliera. Cosa e, e cosa non e Ogni operazione apre con Stop Loss e Take Profit fissi. Il rischio e sempre definito. Niente grid, martingala o mediazione. Una posizione alla volta, basso uso del margine. Niente diciture rete neurale, AI o quantistico. Un sistema a regole, testato e onesto. Niente
Session Breakout PRO è un Breakout EA professionale progettato per il trading automatico sul mercato Forex e basato sulla classica strategia Session Breakout. L'EA supporta diverse sessioni di trading, tra cui London Breakout e Asian Session Breakout, e combina un avanzato sistema di filtraggio dei segnali, una gestione adattiva del rischio (Risk Management) e moderni strumenti di controllo del rischio. Il sistema di configurazione flessibile consente di adattare la strategia a diverse coppie di
Bypass Generator MT4
Connor Michael Woodson
Bypass Generator è un sistema di scalping deterministico per XAUUSD basato su algoritmi di livello istituzionale. Segnale in tempo reale: CLICCA QUI Non si tratta del classico EA che apre operazioni una dopo l'altra senza criterio, distruggendo il margine ed esponendo inutilmente il deposito a rischi. Ogni ingresso passa attraverso 16 livelli di convalida indipendenti prima di aprire una singola posizione. Non vengono utilizzate griglie e ogni operazione dispone di un Take Profit e di uno Stop
GOLD Scalper PRO
Lachezar Krastev
4.48 (25)
BUY 1 and GET 1 FREE - Promotion! Buy GOLD Scalper PRO with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $177 (Regular Price: $447 — You Save $270!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2353871 GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! You should not be fooled
Forex GOLD Investor
Lachezar Krastev
4.39 (51)
BUY 1 and GET 1 FREE - Promotion! Buy Forex GOLD Investor with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330! ) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strat
Altri dall’autore
Instructions for Using Reverse Copier EA Attach EA to Charts Open MetaTrader and attach the EA to any chart on both accounts (master & slave). Make sure AutoTrading is enabled. Master Account (Signal Sender) Set Mode = Master in EA settings. This account will send trade signals. Slave Account (Signal Receiver) Set Mode = Slave in EA settings. This account will receive trades in reverse (opposite direction). Lot Multiplier In Slave EA settings, set Multiplier to control lot size. Example: 1.0
Triangular Arbitrage Expert Advisor
Maziar Safaeinajafabadi
2.5 (2)
Triangular Arbitrage Expert Advisor Maximize your trading potential with our advanced Triangular Arbitrage EA for MetaTrader 5. Designed for precision and efficiency, this EA identifies and exploits triangular arbitrage opportunities in the Forex market. Key features include: Automated Trading : Seamlessly opens and manages triangular arbitrage positions. Robust Algorithm : Efficiently scans for profitable opportunities, ensuring optimal trade execution. User-Friendly Settings : Easily customiza
MQLSquare Grid Scalper MT4
Maziar Safaeinajafabadi
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 each gri
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
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
Trend Follower MQLSquare MT4
Maziar Safaeinajafabadi
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 waits
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
MQLSquare Grid Scalper
Maziar Safaeinajafabadi
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 each
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 BuyS
Mathematician EA MQLSquare
Maziar Safaeinajafabadi
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
Trend Follower MQLSquare
Maziar Safaeinajafabadi
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 wai
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
Hammer Master MT5
Maziar Safaeinajafabadi
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
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