Hammer Trading System: Automated MT5 Trading with Verified Results and Risk Management

This Hammer Trading System review includes a 2026 performance analysis based on published live statistics, user ratings, and representative demo tests. The indicator is designed for traders who want pattern-based, manual entry signals rather than a fully automated expert advisor. What makes Hammer Trading System unique is its narrow focus on single-candle Hammer and Hanging Man formations at trend turning points, combined with configurable filtering that considers recent volatility and optional volume confirmation. The developer, Ich Khiem Nguyen, positions the product as a manual trading tool for MT5 that emphasizes clarity and repeatability. The algorithm scans chosen timeframes and highlights candles that meet the shape, shadow, and range criteria for reversal patterns. Users can set minimum body-to-wick ratios, restrict signals to defined trend directions, and apply a minimum average true range threshold to avoid very low-volatility environments. Market conditions that suit the indicator best are trending markets that experience pullbacks and defined swing points; it is less effective during sideways choppy ranges. Risk management is manual but supported by suggested stop placement routines based on recent swing lows or ATR multiples. Expected performance characteristics from combined user data and live tests indicate moderate win rates with higher reward-to-risk ratios per accepted signal, which is consistent with pattern-based reversal approaches. The indicator appears stable across major FX pairs and popular indices when used with conservative position sizing and realistic trade frequency expectations.