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HangingManHammerStoch by AgogoTools is a smart automated trading system that identifies Hanging Man (bearish) and Hammer (bullish) candlestick patterns — two of the most effective reversal signals — and confirms them using the Stochastic Oscillator for momentum-backed validation. By combining price action patterns with oscillator confirmation, this EA ensures trades are executed only when market conditions support strong and reliable reversals.
Key Features:
Automatically detects Hanging Man (bearish) and Hammer (bullish) candlestick patterns.
Confirms trade entries using the Stochastic Oscillator, filtering out weak or false signals.
Executes automatic buy/sell orders when both candlestick and Stochastic confirmations align.
Adjustable Stochastic settings, lot size, stop loss, and take profit.
Compatible with all MT5 symbols and timeframes.
Ideal for traders who combine price action with momentum indicators for smarter decision-making.
With HangingManHammerStoch, AgogoTools delivers a hybrid, momentum-confirmed reversal EA that merges classic Hanging Man and Hammer patterns with Stochastic precision — helping traders act confidently on high-probability market reversals.