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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Recovery Manager Pro è un sistema per recuperare i prelievi da altri consulenti o da ordini aperti manualmente. RM Pro ha la capacità di adattarsi automaticamente in modo dinamico. Il trader deve selezionare il livello di rischio e il consulente lavorerà in modalità completamente automatica. Può funzionare in modalità di recupero prelievo e in modalità standby! Se un altro consulente genera un prelievo, RM Pro lo disabiliterà, bloccherà la posizione e avvierà il processo di ripristino del depos
Ultimate AudCad MT4
Benny Subarja
Experts
This expert use grid and advanced DCA and martingale strategy. The strategy used by Fund Manager by our country. Use with pair AUDCAD, with   timeframe M5   it can survive 2015-Nov 2024.  DrawDown Max from 2019-2025 15k USD for both pair It works well in other Pairs in   m15: AUDCAD, EURJPY Use proper money management, use money that you can loose, withdraw your profit. This strategy can make good profit if you use good money management. Use the balance minimum of 2k-3k. Use default setting .
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
Experts
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
XIRO Robot MT4
MQL TOOLS SL
5 (6)
Experts
XIRO Robot is a   professional trading system   created to operate on two of the most popular and liquid instruments on the market:  GBPUSD,  XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable
Pingo AI
Anastasiya Morozova
Experts
Pingo Pingo è un robot di trading completamente automatizzato, progettato per un trading stabile e sicuro sul mercato forex. Il consulente è progettato con particolare attenzione al rigoroso controllo del rischio e all'assenza di strategie pericolose come la martingala, le griglie o la media. MT5 Version:  https://www.mql5.com/ru/market/product/155602 Come funziona Pingo analizza i modelli di prezzo e le dinamiche di mercato a breve termine utilizzando filtri di volatilità intelligenti. Il rob
Wall Street Robot MT4
MQL TOOLS SL
5 (1)
Experts
Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
Golden Mirage mt4
Michela Russo
5 (9)
Experts
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
Golderon MT4
Vladimir Pokora
Experts
Golderon EA – A Specialized Algorithmic Trading System for Gold (XAU/USD) MT5 version here Introducing Golderon EA , a fully automated trading system (Expert Advisor) meticulously engineered for trading gold (XAU/USD). This expert system is the result of extensive research, advanced algorithmic modeling, and precise optimization based on over ten years of real historical market data. Golderon EA implements an intradaily swing trading strategy , optimized for M15, M30, and H1 timeframes , ident
Golden Scalper PRO
Felipe Jose Costa Pereira
3.73 (11)
Experts
Golden Scalper PRO: La nostra tecnologia al tuo fianco! Manuale e file di configurazione: contattami dopo l'acquisto per ricevere il manuale e i file di configurazione. Prezzo: Il prezzo aumenta in base al numero di licenze vendute. Copie disponibili: 3 Fare trading sull'oro, uno degli asset più volatili del mercato finanziario, richiede grande precisione, analisi rigorosa e una gestione del rischio estremamente efficace. Golden Scalper PRO è stato sviluppato proprio per integrare questi pilast
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Experts
Come funziona Quando l'EA è attivo, analizzerà il grafico in base al parametro Modalità di esecuzione. Se non ci sono posizioni esistenti sul grafico, l'EA aprirà un trade in base al parametro. Se il trend è rialzista, aprirà un trade di acquisto, mentre se è ribassista, aprirà un trade di vendita. Imposterà anche un ordine di stop loss a una certa distanza dal prezzo di apertura del trade se la variabile stop loss è maggiore di 0. 0 significa nessun stop loss. Se ci sono posizioni esistenti s
Capybara
Sergey Kasirenko
4.22 (69)
Experts
Capybara EA è un sistema avanzato e automatizzato che segue il trend basato sull'indicatore Hama. Se il mercato diventa ribassista e l'indicatore diventa rosso l'EA venderà, se il mercato diventa rialzista e l'indicatore diventa blu l'EA acquisterà. L'EA è in grado di rilevare con precisione l'inizio di trend rialzisti e ribassisti e controllerà le operazioni aperte in stile martingala/griglia finché non raggiunge TP. Coppie consigliate: tutte le principali coppie come eurusd; audusd; GBPSD; nzd
Trend Catcher Exp
Ramil Minniakhmetov
5 (1)
Experts
Trend Catcher EA analizza i movimenti dei prezzi di mercato utilizzando indicatori di analisi del trend adattivi, proprietari e personalizzati dall'autore. Identifica la vera direzione del mercato filtrando il rumore di breve termine e concentrandosi sulla forza del momentum sottostante, sull'espansione della volatilità e sul comportamento della struttura dei prezzi. Combinando le capacità di smoothing e di filtraggio del trend di indicatori personalizzati come medie mobili, RSI e filtri di vol
FlipDamonHFT
Allistair Kabelo Mandow
1 (4)
Experts
FlipDamonHFT is a fully automated Expert Advisor for MetaTrader 4, developed for trading XAUUSD (Gold) on the M15 timeframe. It uses a high-frequency approach combined with advanced risk controls to identify and capture short-term opportunities in the gold market. The EA is designed for traders who understand the high-risk nature of HFT strategies. It focuses on precision execution, dynamic position sizing, and multi-layer protection to manage trades during volatile gold movements. Key Features
Altri dall’autore
Triangular Arbitrage Expert Advisor
Maziar Safaeinajafabadi
2.5 (2)
Experts
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
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 each gri
MT4 BreakOut and Zone Recovery by MQLSquare
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
Mathematician EA MQLSquare MT4
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
Trend Follower MQLSquare MT4
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 waits
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
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 each
BreakOut and Zone Recovery by MQLSquare
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 BuyS
Mathematician EA MQLSquare
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
Trend Follower MQLSquare
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 wai
Support and Resistance trader EA
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
Hammer Master MT5
Maziar Safaeinajafabadi
Experts
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
Reverse Copier for Prop Firms
Maziar Safaeinajafabadi
Utilità
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
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