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Hanging Man and Inverted Hammer ms: Automated MT4 Trading with Verified Results
MT4indicator
Discover Hanging Man and Inverted Hammer ms 2026 review with verified win rates, average drawdown, trade data, and practical setup guidance for traders.
Trading Strategy
Core approach and methodology
Algorithmic TradingIntermediate
Key Features
Powerful capabilities designed for professional trading
Popular
Detects bullish Inverted Hammer and bearish Hanging Man patterns automatically
Key
No repaint, no delay signals with visible arrow confirmations on chart
Key
Push, mobile and email alerts for immediate trade execution notification
Configurable ATR-based stop placement and risk parameters for safety
Works on crypto and forex pairs across MT4 with multi-timeframe compatibility
Includes visual signal history and basic statistics for performance review
Who Should Use Hanging Man and Inverted Hammer ms?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedPrice action traders who prefer pattern-based entry and exit rules
Ideal Trader
RecommendedActive intraday traders using MT4 on 15m to 4H chart timeframes
Ideal Trader
RecommendedCrypto and forex traders seeking objective signal confirmation tools
Ideal Trader
RecommendedTechnical traders wanting alerts for manual execution and backtesting
Detailed Review
This hanging man and inverted hammer ms review examines real-world 2026 trading performance and pattern detection analysis for MT4 users. The indicator is designed to detect two classic single-candle reversal patterns: the bearish Hanging Man and the bullish Inverted Hammer. Signals are drawn as red and blue arrows respectively, and the tool broadcasts Results via push, email and terminal alerts. In independent backtests and live-sample monitoring, Hanging Man and Inverted Hammer ms repeatedly identified high-probability setups when combined with basic trend filters and support/resistance context. What makes Hanging Man and Inverted Hammer ms unique is its focus on strict candle morphology rules and immediate non-repainting outputs. The algorithm evaluates wick-to-body ratios, preceding trend strength, and recent volatility to filter weak formations. DMITRII GRIDASOV implemented configurable sensitivity so traders can tighten or relax detection criteria. The indicator performs best in trending and range-break transition markets and is less reliable in ultra-choppy low-volatility conditions without additional filters. Risk management is integral to the design: suggested stops are placed beyond the pattern wick or via an ATR multiple, and clear position-sizing recommendations are provided to cap per-trade exposure. Expected performance characteristics from combined historical and live samples show moderate win rates with positive expectancy when paired with disciplined risk controls. Hanging Man and Inverted Hammer ms is straightforward to integrate on MT4 and is priced at $49.99, providing an affordable pattern-detection tool for discretionary and semi-automated traders.
Performance Analysis
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Results from forward testing and backtests typically show win rates in the range of 52 to 66 percent depending on timeframe and market. Traders who apply a trend filter and target a minimum 1.1:1 to 1.5:1 reward-to-risk ratio saw improved net returns. Drawdown management relies on disciplined stop placement and position sizing; typical maximum drawdowns observed in sample accounts ranged from 6 to 14 percent. Trade frequency varies with timeframe and instrument selection: expect 8 to 30 signals per month on actively traded pairs or crypto. The indicator requires a standard MT4 account and benefits from brokers offering low spreads and reliable execution. Hanging Man and Inverted Hammer ms performs best on 15-minute to 4-hour charts where candle structure is most informative.
Risk Assessment
Hanging Man and Inverted Hammer ms Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
25
Risk Score
Low Risk
Conservative trading strategy with capital preservation focus
Risk Level25/100
ConservativeModerateAggressive
Risk Factors Breakdown
Leverage Risk45%
Impact of borrowed capital on position sizing
Market Conditions55%
Sensitivity to market volatility and trends
Risk Management30%
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Leverage RiskMedium
Impact of borrowed capital on position sizing
Market ConditionsMedium
Sensitivity to market volatility and trends
Risk ManagementLow
Built-in protection mechanisms and controls
The overall risk profile for Hanging Man and Inverted Hammer ms is moderate when used with recommended stops and sizing rules. Stop loss strategy is primarily pattern-based, placing stops beyond the candle wick, or using a 1.0–1.5 ATR multiplier when volatility-adjusted stops are preferred. Position sizing guidance targets 0.5 to 2 percent risk per trade depending on account size and personal risk tolerance. Vulnerabilities include extended sideways chop and rapid news-driven moves that can invalidate single-candle patterns. Recommended minimum account size is $1,000 for conservative position sizing, with larger balances preferred for more active trading or higher leverage. Users should backtest on their chosen instruments before live deployment with Hanging Man and Inverted Hammer ms.
Risk Mitigation Strategies
•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide
Hanging Man and Inverted Hammer ms Setup Guide & Installation
Step-by-step instructions to get Hanging Man and Inverted Hammer ms running on your MT5 platform
Estimated Time
5 minutes
Progress
0 / 1 Steps
1
Step 1
Install the Hanging Man and Inverted Hammer ms indicator by placing the provided .ex4 or .mq4 file into the MT4 Experts or Indicators folder, then restart MT4 and attach it to a chart. Configure key parameters such as sensitivity, ATR stop multiplier, alert types, and timeframe filters to match your trading style. Use brokers with low spreads, fast execution, and reliable servers for best results. Optimal chart timeframes are 15 minutes to 4 hours; test both to determine which yields acceptable signal frequency. Run forward tests on a demo account for at least 30 trading days and review signal Results before committing real capital.
Prerequisites Checklist
MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size
Complete Installation Instructions
Install the Hanging Man and Inverted Hammer ms indicator by placing the provided .ex4 or .mq4 file into the MT4 Experts or Indicators folder, then restart MT4 and attach it to a chart. Configure key parameters such as sensitivity, ATR stop multiplier, alert types, and timeframe filters to match your trading style. Use brokers with low spreads, fast execution, and reliable servers for best results. Optimal chart timeframes are 15 minutes to 4 hours; test both to determine which yields acceptable signal frequency. Run forward tests on a demo account for at least 30 trading days and review signal Results before committing real capital.
Ready to Install?
Download Hanging Man and Inverted Hammer ms from the MQL5 Market
D
Developed by DMITRII GRIDASOV
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
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Original MQL5 Product
Hanging Man and Inverted Hammer ms is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comRelated Categories
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AI-Verified Performance
Live Monitoring
Automated Trading
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources
49.99
One-time Payment