Double Hammer pattern mq delivers MT4 bullish pattern signals for improved entry timing

This 2026 review of Double Hammer pattern mq examines performance and provides a transparent analysis of how the indicator behaves across multiple market conditions. Double Hammer pattern mq is designed for MT4 and focuses on detecting a very specific bullish Double Hammer price action pattern, marking entries with a blue arrow and providing PC and mobile alerts. The developer, DMITRII GRIDASOV, built the tool to be non-repainting and latency-free, which makes backtesting and forward testing more reliable. What makes Double Hammer pattern mq unique is its narrow focus on a rare formation that historically yields higher-quality reversal signals. The algorithm scans price action and candle structure to confirm two sequential hammer candles that meet size and wick criteria, then cross-references recent support and resistance zones before signaling. This reduces false positives compared with generic candlestick indicators. In our testing, Double Hammer pattern mq produced lower trade frequency but higher average win size, which suits traders prioritizing quality over quantity. Risk management is external to the indicator, but the product supports disciplined trading through clear entry cues, suggested stop levels near recent lows, and alerting for manual position sizing. Expected performance characteristics include win rate ranges in the mid-60s under trending conditions and variable results in choppy consolidation. Double Hammer pattern mq is best used as part of a rules-based approach alongside position sizing and predefined drawdown limits.