HangingManHammerMFI – Candlestick Reversal Trading with Money Flow Confirmation

HangingManHammerMFI by AgogoTools is a smart automated trading system that identifies Hanging Man (bearish) and Hammer (bullish) candlestick patterns — two of the most trusted reversal signals — and confirms them using the Money Flow Index (MFI) for volume-backed validation. By combining price action patterns with market flow confirmation, this EA captures high-probability reversals with precision and reliability.

Key Features:

• Automatically detects Hanging Man (bearish) and Hammer (bullish) patterns.

• Confirms trade entries using MFI, filtering out weak or false signals.

• Executes automatic buy/sell trades when both candlestick and MFI confirmations align.

• Adjustable MFI period, lot size, stop loss, and take profit.

• Compatible with all MT5 symbols and timeframes.

• Ideal for traders who value price action enhanced by volume-based momentum confirmation.

With HangingManHammerMFI, AgogoTools delivers a volume-aware reversal EA that merges classic Hanging Man and Hammer patterns with MFI validation — helping traders act confidently on strong market reversals.