Murrey EA – expert for MetaTrader 4

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murrey_ea.mq4
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Description:

New: Version 4.

This Expert Advisor is predicated on Murrey strains, Stochastic oscillator, Candles, Bollinger Bands.

• Oversold occured when worth breaked degree 8/8 and stochastic >70 and goal degree 7/8  , with auto path, when candle shut above 8/8
• Overbought occured when worth breaked degree 0/8 and stochastic<20 and goal degree 1/8 , with auto path, when candle shut bellow 0/8
• What's new   : V4  -> no order modify error 134 ,  and I will all the time replace EA when I have time....

You should obtain murrey template earlier than utilizing EA to know the performance , Murrey auto detect     help and resistance , pivotal level ...  on a cetain timeframe 

If you have no idea what's Murrey please view this hyperlinks: https://www.mql5.com/en/code/a hundred and one, https://www.mql5.com/en/code/8570.

Algorithms

I develolped degree 1/8 and level8/8, different algo in subsequent model...

Recommendations:

• I. 5 digits pair
• II. Best timeframes: M15,M30,H1,H4
• III. Please comply with the development earlier than operating EA , you'll be able to disable purchase by setting. Enable Buy :false , you possibly can disable promote by setting Enable Sell:false

So EA will work good once you check out the development and comply with solely the development, disable Short or Long.

This just isn't the ultimate model but and I will all the time replace this EA...

Money administration

Do not danger, as a result of minimal timeframe to EA to work good is M15.

Image:

Source URL:https://www.mql5.com/en/code/12134