HAMMERING NAIL EA V2.0 MT5

Introduction

HAMMERING NAIL EA V2.0 MT5 is an automated trading system developed for the MetaTrader 5 platform. It is designed to execute trades based on structured directional logic, analyzing price action, trend strength, and market momentum. The system focuses on disciplined execution with built-in risk management to provide consistent rule-based trading.

Key Features

• Fully automated trading on MT5
• Directional trend/momentum-based strategy
• Built-in Stop Loss and Take Profit
• Fixed lot and risk-based lot sizing options
• Spread and slippage protection filters
• Maximum open trade limitation
• Optional trading session filters
• VPS-compatible for stable 24/5 operation

Recommended Settings

• Platform: MetaTrader 5
• Pairs: Major forex pairs or high-liquidity instruments
• Timeframe: M15, M30, or H1 (depending on preset)
• Risk: 1–2% per trade for conservative setup
• Leverage: Moderate (avoid excessive leverage)
• Broker: Low-spread, fast-execution broker
• VPS: Recommended for uninterrupted performance

Backtest Result

Backtests typically show steady performance under optimized conditions with controlled drawdown when conservative risk settings are applied. Performance varies based on spread, slippage, and market volatility. Independent backtesting using MT5 Strategy Tester is recommended before live trading.

Advantages

• Emotion-free automated execution
• Structured risk management
• Consistent rule-based trading logic
• Time-saving for busy traders
• Customizable settings for different risk levels
• Suitable for diversified portfolios

Disadvantages

• Performance depends on broker quality
• Vulnerable to extreme market volatility
• Drawdowns are possible during unfavorable market conditions
• Requires proper risk configuration
• VPS may be required for optimal stability

Installation & Setup Guide

Step 1: Download the .ex5 file.
Step 2: Open MetaTrader 5 → File → Open Data Folder.
Step 3: Navigate to MQL5 → Experts and paste the file.
Step 4: Restart MT5.
Step 5: Enable automated trading in Tools → Options → Expert Advisors.
Step 6: Open recommended chart and timeframe.
Step 7: Drag the EA from Navigator onto the chart.
Step 8: Configure lot size, risk percentage, spread filter, and other inputs.
Step 9: Ensure AutoTrading is enabled (green button).

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer: 

Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.