With a stubborn pin I've found it easier for myself to put the master link down on the ground between two bottom rollers, make a drift that is long enough to come out about a foot past the track pads. Weld a handle about 6-8" back from the end you'll hit with the hammer, so it's like a crucifix type of cross and about 2 foot long so you can stand on it with your feet apart a little way. Weld a centre blob on the other end, if the master pin has a centre hole or divot, this helps keep it on the end of the pin at the start.
Set it up on wooden blocks, stand on the cross tube with your back to the tracks, with a bit of practice and a 14lb hammer you can get a full on swing beating the drift backwards between your feet.
I always have a practice on some heap of crushed stone first, to get my swing into shape. It helps that I used to mess around as a kid playing croquet
You can knock a plain drift back through after so you can track it a few feet to split the track in a good position.
Don't forget to pull the tensioner all the way back before starting.
If removing the final, maybe loosen the nut in there first.