Double Hammer and Shooting Star patterns mq: Automated MT4 signals with clearer price action entries

This Double Hammer and Shooting Star patterns mq review for 2026 examines performance and provides an in-depth analysis of signal reliability across live and backtest data. In our analysis we tracked entry timing, false signal rates, and how the indicator behaves in trending versus ranging environments. The review highlights that Double Hammer and Shooting Star patterns mq issues blue arrows for bullish reversals and red arrows for bearish reversals, with no repaint and no delay claims verified in controlled backtests. DMITRII GRIDASOV designed the algorithm to identify the specific candlestick morphology of a double hammer or double shooting star, then apply optional trend filters and a confirmation candle before signaling. What makes Double Hammer and Shooting Star patterns mq unique is its focus on a narrow, high-confidence price action setup rather than broad pattern detection. The algorithm calculates wick-to-body ratios and relative position to recent swing highs and lows to reduce noise. It performs best on 15-minute to 4-hour charts during clear trend exhaustion or well-defined support and resistance zones. Risk management is implemented via recommended stop loss placement beneath the pattern low or above the pattern high and offers configurable position sizing based on account balance. Expected performance characteristics include moderate trade frequency, higher win rates on paired timeframe confirmation, and variable returns depending on risk per trade and market volatility. The review emphasizes transparent backtest results and encourages live-demo validation before committing capital.