THOR Forex Hammer usdjpy mt5 ict power of three

The EA looked good in backtests, but in real trading it was very disappointing. In the last couple of weeks, it gave many losses and I had to remove it from my chart after losing a lot of money. The risk–reward is comparatively okay, that's why I took the bot, but the win rate is too low, so the overall result is negative. It doesn’t seem to recover at all. The live signal had been removed after hitting a lot of stop losses.

At the moment, this strategy does not seem suitable for the current market conditions and is consistently losing money.

Final Summary: Moving on from THOR EA

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To sum it up, I have officially stopped running THOR. I’d like to share my journey of using this EA as a final look back.

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I started running it on August 8, 2025, and have been using it for nearly 7 months. I began with a capital of $500. Throughout the entire period, I never saw a profit—only consistent losses. As of the date of this review, I am down approximately 25%, which is a loss of about -$125. I started with Version 4.0 and updated consistently all the way to Version 10, usually upgrading as soon as a new version was released.

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Over these past 7 months, there was never a moment where it felt like the strategy might turn around and become profitable. While the balance curve fluctuated, the overall trend was a steady decline, constantly hitting new lows. This serves as proof that this EA's strategy simply cannot make money in the current market.

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Between the $299 cost of the EA and the $125 trading loss—not even including VPS fees—my total loss is roughly $450 - $500.

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I have stopped running it now, and I likely won't be using any other EAs from this developer again, thanks for reading.

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Updated review on: February 24, 2026

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Compared with other EAs in the market, this EA can be considered genuine, as it is developed based on a strategy that has been proven to generate real profits, and it is not a strategy that risks wiping out the entire account. (I run at 1.5% profit which mean risk 6-7% per trade)

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When I purchased this EA, the developer’s Live Signal had already been running for 5 months and was showing good profits. Although the system later encountered periods of alternating gains and losses, overall, it demonstrated strong recovery capability. The EA manages risk effectively, provides a reasonable RR (Risk-Reward ratio), and when set with proper risk parameters, it keeps drawdown at a controllable level.

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The ICT PO3 strategy is a proven approach that can consistently generate profits. It follows the Smart Money Concept, often referred to as ‘trading like the banks.’ Of course, like any SMC strategy, there will be both profitable and losing trades. Running this EA is therefore more about expecting long-term profitability rather than judging it by only a few weeks of results.

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Throughout my usage, I have experienced alternating profits and losses, which I believe is natural for an SMC-based strategy. Once market conditions become favorable again, I expect the EA to return to profitability.

It's such a shame. It's so sad...

Too many losses is unbearable. Had to remove the EA as it has slowly draining my capital. Poor R:R that's the problem. And you can't adjust the SL as there's no option to do it.

A bad review can cause huge losses. Not even a star is worth it

I'm really sorry having to write a bad review. Purchased this because the backtest looked promising, however I don't discard it is manipulated. I'm astonished on the precision how this EA has opened trades in the last 3-4 weeks. All of these trades were entered just before the market changed direction, making all trades a lost. I made just a couple of small win but these were solely because I closed them manually, otherwise, and time proved me right, these would have gone straight to the SL. Was maybe a bad streak? Come on... USDJPY was at 149, went all the way down to 145 and then the EA decides this is the moment to enter a trade, in the lowest point, just the moment it turns up and it goes up to 150 again. Seriously... maybe you should open the trades in the opposite direction the EA is calculating and put a trailing SL to protect profits... I don't like trasking EA's, so I will keep an eye in a demo account and update this comment

I'm upset with the results, lost money after long time without trading

Hallo Damiem, der EA hat nun die ersten Trades gestartet. Was mir aufgefallen ist, dass ein recht großes SL-Verhältnis zum TP verwendet wird und kein Trailstop für die TP-Absicherung vorhanden ist. Wenn man mit geringem Risiko bei PropFirm Accounts damit Arbeitet, wird lediglich der TP vermindert und der SL nicht angepasst. Wenn ich ein Autolot Balance von 0,5% bei einem $100000 einstelle, habe ich einen SL von $1800. Wäre gut, wenn man den Drawdown und der Trailstop im EA ergänzen würde. Ich werde meine Bewertung erneut abgeben, wenn die ersten Erfahrungen gemacht wurden.

Hello Damiem. Hope you are well. I bought this robot last week and have it in a Demo account with FP Markets. So far so good, only one trade but matching with the backtest. I know it is not a high frequency EA, which I like for emotional control but just looking forward to get more trades and compare with the backtest during some weeks. I understand that the logic for this EA is the same as per the other EA for the different currencies you offer. I´d like setting up a diversified EA portfolio on uncorrelated currency pairs. Thank you :)

Great EA!

Damian is an excellent developer who provides fast and efficient support. He is always willing to help and answer all your questions. I have added his EAs to my portfolio and will be testing them on a live account over the coming months. So far, no issues at all. In backtests, the results are excellent with a relatively low drawdown.

It has been in operation since April 16, 2025 and has performed very well. We have not had any losses yet. Looking at the trading history, it is safe to say that I enter at a good point and close in a relatively short time. I felt the author does a very good job.