Experts: Murrey Based EA

 

Murrey Based EA:

Murrey based EA for M30, H1 and H4 charts for EURUSD, GBPUSD and NZDUSD.

This expert is based on murrey lines and stochastic oscillator, EA is not yet 100% profitable but mainly is good.

  • Oversold occured when price breaked level 8/8 and stochastic >70  and target level 6/8
  • Overbought occured when price breaked level 0/8 and stochastic>20 and target level 2/8

Author: Rodolphe Ahmad

 
Automated-Trading:

Murrey Based EA:

Author: Rodolphe Ahmad

Hi , please wait for the next version , lots of change in code will occur & EA will became profitable , then rate my EA thank you.
 

HI all  , Try this file  , better code

What's new:

Version: v2.0 

* added magic number

* code optimised

* one bug fixed 

Files:
murreyEA.mq4  48 kb
 

Hi,

Thanks for this potential ea.

 

Do you have any backktesting results with modelling quality of 90% or 99%?

 

please share it.

 

thanks a lot

 

James 

 
jamesphuc8888:

Hi,

Thanks for this potential ea.

 

Do you have any backktesting results with modelling quality of 90% or 99%?

 

please share it.

 

thanks a lot

 

James 

Hi , this version is better (v3), murrey is based on 64 candles  , on each chart where symbol is the same but period is different ,support and resistance lines will be drawed on different numbers,in this version trade will not occur until 2 candle close above 8/8  or bellow 1/8 in addition to stochastic and murrey lines ..  
 

v4

 

A really good version : greetings for me :)) 

 
does this ea and the indicators, still work?
I like the idea and strategy, and have had it on 5 different pairs for a week, 0 trades.
Reason: