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KT Murrey Math Robot MT5

5

KT Murrey Math robot incorporates a trading strategy that explicitly trades the price bars that crossed above or below a Murrey Math level. 

Entries:

  • A buy order is placed when a bar closes above a Murrey Math level.
  • A sell order is placed when a bar closes below a Murrey math level.

Exits:

  • EA places the stop-loss and take-profit always at the subsequent Murrey Math levels.

MT4 Version is available here https://www.mql5.com/en/market/product/45404


Features

  • This EA combines a simple Murrey Math system with a lot of advancements.
  • Draw all Murrey Math levels on the chart so you can monitor the deployed strategy easily.
  • It is equipped with multiple entry filters such as trend filter, vortex filter, volatility filter, MMI, and week days filter.
  • Fixed fractional money management to achieve an exponential equity growth.
  • If you are a fan of the Murrey Math, you'll find the EA very useful.

Input Paramters

  • <===== Murrey Math Strategy Settings =====>
  • Octave Period:  Number of bars to calculate the price range for Murrey math levels.
  • Shift Back:  Shift back in bars to avoid the repaint of levels when price make a new high/low.
  • Allow to Trade Big Candles:  If set to false, EA will avoid the trades if the crossver is too big and there is not much room available for the take-profit placement. 
  • Draw MM Levels on Chart:  True/False
  • Allow Buy Trades:  If false, EA will not execute buy orders.
  • Allow Sell Trades:  If false, EA will not execute sell orders. 

  • <===== Allow MM Levels to Trade =====>
  • [-2/8]P Extremely Overshoot:  True/False
  • [-1/8]P Overshoot:  True/False
  • [0/8]P Ultimate Support - Extremely Oversold:  True/False
  • [1/8]P Weak, Stall and Reverse:  True/False
  • [2/8]P Pivot, Reverse - Major:  True/False
  • [3/8]P Bottom of Trading Range:  True/False
  • [4/8]P Major Support/Resistance Pivotal Point:  True/False
  • [5/8]P Top of Trading Range:  True/False
  • [6/8]P Pivot, Reverse - Major:  True/False
  • [7/8]P Weak, Stall and Reverse:  True/False
  • [8/8]P Ultimate Resistance - Extremely Overbought:  True/False
  • [+1/8]P Overshoot [+1/8]:  True/False
  • [+2/8]P Extremely Overshoot:  True/False

  • <===== Trade Settings =====>
  • Lot Size Method:  fixed lot size / auto lot sizing
  • Risk per trade:  we recommend 1% risk per trade.
  • ----- Set the filters -----
  • Trading Sessions:  All | Asian | London | New York | Asian-London | London-New York | New York-Asian.
  • Trend Filter:  if true, EA open positions only in the direction of trend (more information here).
  • Volatility Filter:  if true, EA allows positions only in a duration of high volatility (more information here).
  • Vortex Filter:  if true, EA filters the entries using the Vortex filter (more information here).
  • MMI Filter:  if true, EA filters the positions using the Market Meanness Index.
  • Day Filter:  allows or debar the trades on certain days of the week.

FAQs

Q. Is it possible to set a custom stoploss or takeprofit?

A. No. The stop-loss and take-profit are placed on the subsequent Murrey levels.

Q. Can I restrict trade entries on some specific Murrey Math levels?

A. Yes. You can enable/disable the levels in input settings.

Q. Can there be multiple positions exist together?  

A. No. EA opens a new trade only after a current position gets closed.

Q. Is it required to download the indicator to make this EA work correctly?

A. No. All dependencies embedded in the EA.

Q. Does this EA also make the opposite(counter-trend) entries after crossing the Extremely Overshoot levels?

A. No. Currently, it only implements the trend following entries.

Avis 1
Sebastian Schmidt
1249
Sebastian Schmidt 2020.09.28 18:50 
 

Der EA ist genial, er tut gutes werk auf DE30, XAU und GBPUSD auf meinem ICM Live Konto... top good Job

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EA Introduction The EA we have carefully crafted was previously an internal proprietary stable strategy tool. It focuses on capturing market patterns specific to time zones, standing out with high-frequency orders and a robust win rate, suitable for flexible traders with small capital. Whether from backtesting or live trading perspectives, it has demonstrated excellent stability, making it particularly suitable for users who wish to gradually accumulate profits in the forex market. We speak wi
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The Infinity EA MT5
Abhimanyu Hans
5 (3)
Technologie basée sur l'IA avec ChatGPT Turbo Infinity EA est un conseiller expert en trading avancé conçu pour GBPUSD et XAUUSD. Il met l'accent sur la sécurité, des rendements constants et une rentabilité infinie. Contrairement à de nombreux autres EA, qui s'appuient sur des stratégies à haut risque telles que la martingale ou le trading en grille. Infinity EA utilise une stratégie de scalping disciplinée et rentable basée sur un réseau neuronal intégré à l'apprentissage automatique, une tech
Waka Waka EA MT5
Valeriia Mishchenko
4.1 (39)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
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Bogdan Ion Puscasu
4.92 (83)
Bonjour à tous, je me présente : Je suis Quantum StarMan, le membre le plus électrisant et le plus récent de la famille Quantum EA. Je suis un EA multidevises entièrement automatisé avec le pouvoir de gérer jusqu'à 5 paires dynamiques : AUDUSD, EURAUD, EURUSD, GBPUSD, et USDCAD. . Avec la plus grande précision et une responsabilité inébranlable, je ferai passer votre jeu de trading au niveau supérieur. Voici le truc : je ne compte pas sur les stratégies Martingale. Au lieu de cela, j'utilise un
The Gold Reaper MT5
Profalgo Limited
4.28 (74)
PROP FIRM PRÊT !   (   télécharger SETFILE   ) PROMO DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final : 990$ Obtenez 1 EA gratuitement (pour 2 comptes commerciaux) -> contactez-moi après l'achat Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Bienvenue chez le Faucheur d'Or ! S'appuyant sur le très réussi Goldtrade Pro, cet EA a été conçu pour fonctionner sur plusieurs périodes en même temps et a la
Aura Neuron MT5
Stanislav Tomilov
5 (3)
Aura Neuron est un Expert Advisor distinctif qui poursuit la série de systèmes de trading Aura. En s'appuyant sur des réseaux neuronaux avancés et des stratégies de trading classiques de pointe, Aura Neuron offre une approche innovante avec d'excellentes performances potentielles. Entièrement automatisé, cet Expert Advisor est conçu pour négocier des paires de devises telles que EURUSD et XAUUSD (GOLD). Il a démontré une stabilité constante sur ces paires de 1999 à 2023. Le système évite les tec
Index Sniper Pro MT5
Sachin Gautam
5 (8)
Introducing  Index Sniper Pro EA . It is a Fully Automatic Index US30 and S&P500(US500) System trading early US Open. No  Martingale,  No  Grid , No Averaging, No AI *******NEW FEATURES******* NAS100 Set File - WIP S&P500 Set File - Released  *******NEW FEATURE******* Buy only and Sell only Settings - Released Individual TSL and SL settings for Buy and Sell Orders - Released Current Price: $349--> (Next price $499) Live signal: With Default Settings on US30 and S&P500(US500) symbol https
Gold Harvest MT5
Abdul Jalil Mridah
4.33 (3)
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
Gold Trade Pro MT5
Profalgo Limited
4.27 (33)
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KT Inside Bar Hunter MT4
KEENBASE SOFTWARE SOLUTIONS
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KT Stoch Divergence MT4
KEENBASE SOFTWARE SOLUTIONS
Divergence is one of the vital signals that depicts the upcoming price reversal in the market. KT Stoch Divergence shows the regular and hidden divergences build between the price and stochastic oscillator. Limitations of KT Stoch Divergence Using the Stochastic divergence as a standalone entry signal can be risky. Every divergence can't be interpreted as a strong reversal signal. For better results, try to combine it with price action and trend direction. Features Marks regular and hidde
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KEENBASE SOFTWARE SOLUTIONS
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Sebastian Schmidt
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Sebastian Schmidt 2020.09.28 18:50 
 

Der EA ist genial, er tut gutes werk auf DE30, XAU und GBPUSD auf meinem ICM Live Konto... top good Job

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Version 1.1 2023.05.02
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