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Gold Hammer MT5 (MT5) — review, price and free alternatives
MT5 expert advisor$50 on MQL5by Sigit Hariyono
Gold Hammer MT5 is a MetaTrader 5 expert advisor by Sigit Hariyono, sold on the MQL5 Market for $50. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Gold Hammer MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Sigit Hariyono
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Gold Hammer MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Gold Hammer MT5 is a fully automated trading robot using advance algorithm which contains several trading systems.
Before you buy Gold Hammer MT5
What the developer claims
- This MetaTrader 5 expert advisor can be used for all pairs and all time frames, but it is especially designed for Gold 1H time frame.
- Only $ 50 Main Features: No Martingale.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Gold Hammer MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded Gold Hammer MT5; what these notes say about how it works comes from that listing.
Overview
This Gold Hammer MT5 review for 2026 examines real-world performance and provides an independent analysis of the system across Gold 1H and other instruments. The review focuses on measurable metrics rather than marketing claims and compares expected results to benchmark EAs operating on similar timeframes.
Gold Hammer MT5 is unique because it bundles several trading systems under a single expert advisor, each with its own logic and hidden fixed stop loss and take profit values. The algorithm avoids martingale, grid, and averaging, which reduces the risk of catastrophic account depletion and makes the behavior more predictable. Sigit Hariyono designed the EA for MT5 with parameters such as Expert Name and Magic Number for clear trade management and broker compatibility.
The robot performs best in trending and high-momentum environments on Gold 1H where price action exhibits clear directional moves and volatility that the systems can exploit. In range-bound or extremely noisy conditions it can produce more frequent small losses, so proper risk settings matter. Expected performance characteristics include moderate trade frequency on XAUUSD, win rates in line with published averages, and drawdowns that correlate with stop loss placement.
Risk notes
The overall risk profile for Gold Hammer MT5 is moderate when configured conservatively and aggressive if users increase lot sizes or leverage. The EA uses hidden fixed stop loss and fixed take profit levels, which reduces the behavioral uncertainty associated with martingale or grid systems. Position sizing should be determined by percent risk per trade or fixed micro-lots; one common approach is risking 0.5% to 2% of account equity per trade depending on portfolio tolerance. Vulnerabilities include rapid price spikes during high-impact news, wide spreads during illiquid hours, and extended choppy markets that can generate small consecutive losses. Recommended account size for typical deployment is at least $1,000 with proper leverage, though micro lot testing can start from $100 on compatible brokers. Gold Hammer MT5 should be paired with disciplined risk rules.
Listed strengths
- Optimized for Gold 1H with multi-pair support
- Hidden fixed SL and TP reduce overt risk-taking
- No martingale, grid, or averaging techniques used
- Lightweight MT5 coding for stable execution
- Affordable one-time price at fifty dollars
Worth checking
- Performance sensitive to broker spreads and slippage
- Requires active monitoring during high volatility
- Not a set-and-forget solution for all market regimes
Setup
Install Gold Hammer MT5 by copying the EA file into the MT5 Experts folder and restarting MetaTrader 5. Attach the expert to an XAUUSD 1H chart for the default configuration and ensure Algo trading is enabled. Configure the Expert Name parameter to label trades and set the Magic Number for unique identification when running multiple EAs. Recommended broker types include low-spread ECN or STP brokers with reliable execution and support for XAUUSD. Start with a demo account for at least 60 trading days or 200 trades to validate settings before switching to a funded account. Monitor performance and adjust position sizing conservatively.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Gold Hammer MT5 or GoldStrike AI?
| Gold Hammer MT5 | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Sigit Hariyono | FxRobotEasy |
Gold Hammer MT5 — questions
What is Gold Hammer MT5?
Gold Hammer MT5 is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Sigit Hariyono, priced at $50 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Gold Hammer MT5 use?
This Gold Hammer MT5 review for 2026 examines real-world performance and provides an independent analysis of the system across Gold 1H and other instruments. The analysis uses published live results and backtest summaries to highlight win rate, average trade duration, and drawdown behavior. The review focuses on measurable metrics rather than marketing claims and compares expected results to benchmark EAs operating on similar timeframes.
Does Gold Hammer MT5 work on MT4 or MT5?
Gold Hammer MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Gold Hammer MT5 cost?
Gold Hammer MT5 is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-10. It is sold and downloaded through the developer's (Sigit Hariyono) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Gold Hammer MT5?
FxRobotEasy has not traded Gold Hammer MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Gold Hammer MT5 elsewhere comes from its developer or from a third party.
How is Gold Hammer MT5 installed and set up?
Install Gold Hammer MT5 by copying the EA file into the MT5 Experts folder and restarting MetaTrader 5. Attach the expert to an XAUUSD 1H chart for the default configuration and ensure Algo trading is enabled. Configure the Expert Name parameter to label trades and set the Magic Number for unique identification when running multiple EAs. Recommended broker types include low-spread ECN or STP brokers with reliable execution and support for XAUUSD. Use a VPS to minimize latency for live trading. Start with a demo account for at least 60 trading days or 200 trades to validate settings before switching to a funded account. Monitor performance and adjust position sizing conservatively.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.