Keenbase Trading » Products » Expert Advisors » KT Murrey Math EA

KT Murrey Math EA
MT4 | MT5

Name: KT Murrey Math EA
SKU: 45451

$kt murrey math ea logo$

-- Lifetime Access --

Description
Backtesting
FAQ

KT Murrey Math EA MT4/MT5 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.

Features

The KT Murrey Math 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 Parameters

<===== 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.