Question 1

What strategy does THOR Forex Hammer use?

Accepted Answer

THOR Forex Hammer is built on the ICT Power of Three (PO3) strategy, identifying accumulation, manipulation, and distribution phases to anticipate institutional “smart money” behavior and enter high-probability reversal trades.

Question 2

What operation mode is currently active?

Accepted Answer

The EA is currently set to Fixed_Profit mode, targeting a fixed $5 USD profit per trade. You can also switch between Fixed Lot and AutoLot (% of Balance) modes in the settings.

Question 3

Does THOR Forex Hammer use Grid or Martingale?

Accepted Answer

No. The EA strictly avoids Grid, Martingale, and Hedging strategies. It focuses on clean, single-position entries with a hard Stop Loss for maximum capital safety.

Question 4

Is THOR Forex Hammer suitable for beginners?

Accepted Answer

Yes, it is beginner-friendly because it is fully automated with clear risk rules and operates like a patient sniper — waiting for only the best setups. However, users should still understand basic forex concepts.

Question 5

Does the EA have a news filter?

Accepted Answer

No. THOR Forex Hammer does not include a news filter. It is designed to remain resilient during high-impact news events through its strict risk management and fixed Stop Loss.

Question 6

What timeframe and pair does it trade?

Accepted Answer

The EA is specifically optimized for USDJPY on the H1 (one-hour) timeframe, taking advantage of USDJPY’s unique liquidity and volatility patterns.

Question 7

Is THOR Forex Hammer prop firm friendly?

Accepted Answer

It can be suitable for prop firms because it avoids dangerous strategies like Grid/Martingale and maintains disciplined risk with a hard Stop Loss. Always verify with your specific prop firm’s rules.

Question 8

Does the EA close trades on Friday?

Accepted Answer

No. THOR Forex Hammer does not force close trades on Friday. It allows positions to remain open over the weekend if the setup conditions are still valid.

THOR Forex Hammer USDJPY MT5Premium

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