Hammer EA - Precision Candlestick Trading Automated Hammer Pattern Detection for Forex & Metals The Hammer EA is a trading robot that scans markets for hammer candlestick formations, executing trades when confirmed by a moving average filter. Optimized for M30 time frame with compatibility for M15 and H1. Key Features: ? Pattern Recognition - Identifies bullish/bearish hammer candles ? Trend Confirmation - 238-period MA filter (adjustable) ? Risk Control - Custom Stop Loss, Take Profit + optional trailing stop ? Strategy - Designed for M30 charts (also works on M15/H1) ? Position Management - Opens one trade at a time Optimal Settings: Best Performance: M30 time frame Avoid: H4 time frame Customization Options: ✔ Adjustable lot size ✔ Flexible stop loss/take profit ✔ Trailing stop (90 pips recommended) ✔ MA period modification Suitable For Traders Who Prefer: ✅ Automated candlestick pattern trading ✅ Rules-based systems ✅ Swing trading (30min-1hr charts) "Identify reversal signals with MA confirmation" MT5 Exclusive • Requires MetaTrader 5 • Works on All Brokers
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