KT Murrey Math Robot MT4

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.

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.

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Algo Playbook EA   is the official, enhanced commercial execution of the methodologies taught in the book,   My Trading Way: Turning Market Chaos into Statistical Order . The EA is optimized for Gold (M1) on the Exness broker. A set file for IC Markets can be found in the comments section. Contact me after purchase to receive the detailed User Guide. While the book breaks down the core concepts and source code for building modular, high-probability trading systems, this EA is the refined "Pro" v
Hedging Pro Ultimate is an expert advisor designed to work fully automatically or semi-automatically. MT5 version  |  Product knowledge & Setfile  |  How to set up news filter Suggested pairs: EURUSD, GBPUSD, XAUUSD Expert parameters: 1. Manage Open Positions + Trade Buy: allow buy + Trade Sell: allow sell + Open Position Method: Select the open position method + Delete trendline after opening a position: set false for continuous pending orders. + Continue New Cycle: set false to stop a new cy
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ACB Breakout Arrows MT5
KEENBASE SOFTWARE SOLUTIONS
3.5 (2)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move. Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT 5 Key features Stoploss   and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
KT Auto Support Resistance Levels: Multi-Timeframe S&R, Smart Zones and Levels Dashboard for MetaTrader 4/5 Swing highs. Pivots. Order blocks. Previous highs and lows. Every trader marks the market a little differently, and the chart pays the price. Stack enough methods on one screen and it stops being a map. It becomes noise. KT Auto Support Resistance Levels fixes that. It scans the monthly, weekly, daily, and your current timeframe at once, then draws the levels that actually matter directly
ACB Trade Filter MT5
KEENBASE SOFTWARE SOLUTIONS
ACB Trade Filter indicator provides a way to filtering out the low probability trading entries in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The MT4 version of the same indicator is available here ACB Trade Filter MT4 Applications Works great with our indicator ACB Breakout Arrows MT5 Filter out low probability signals from any indicator. Avoid over-trading and minimize the losses. Trade in the direction of market sentime
KT Auto Support Resistance Levels: Multi-Timeframe S&R, Smart Zones and Levels Dashboard for MetaTrader 4/5 Swing highs. Pivots. Order blocks. Previous highs and lows. Every trader marks the market a little differently, and the chart pays the price. Stack enough methods on one screen and it stops being a map. It becomes noise. KT Auto Support Resistance Levels fixes that. It scans the monthly, weekly, daily, and your current timeframe at once, then draws the levels that actually matter directly
ACB Trade Filter MT4
KEENBASE SOFTWARE SOLUTIONS
5 (1)
The ACB Trade Filter indicator provides a solution for filtering out the low probability trading setups in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. Applications Works great with our indicator " ACB Breakout Arrows ". Filter out low probability signals from any indicator. Avoid overtrading and minimize the losses. Trade in the direction of market sentiment and trend. Avoid the choppiness in the market. How to use Only L
KT Heiken Ashi Smoothed MT4
KEENBASE SOFTWARE SOLUTIONS
KT Heiken Ashi Smoothed is a smoothed version of the standard Heiken Ashi. Moreover, it also plots buy/sell arrows on a trend change. A buy arrow is plotted when it change to a bullish state from bearish state. A sell arrow is plotted when it change to a bearish state from bullish state. Mobile notifications, Email, Sound and Pop-up alerts included. What exactly is Heiken Ashi Smoothed? It filters out the false signals and noise in the standard Heiken Ashi. It applies the set of two moving ave
KT Auto Fibo MT5
KEENBASE SOFTWARE SOLUTIONS
5 (1)
KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto:  It draws the Fibonacci levels automatically based on the chart area. Manual:  It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future prof
FREE
If you trade Forex, having detailed information about the currency strength and currency pairs correlation can take your trading to new heights. The correlation will help to cut your risk in half, and strength analysis will help to maximize the profits. This indicator provides a hybrid approach for selecting the most appropriate currency pairs using the strength analysis and currency pairs correlation. How to use the Currency Strength Analysis Suppose your trading strategy provides a buying opp
KT MA Crossover MT5
KEENBASE SOFTWARE SOLUTIONS
KT MA Crossover draws the buy and sell arrows based on the crossover of chosen moving averages. Moreover, it also generates the appropriate alerts and displays the MFE (Most Favorable Excursion) for each successive signal. The moving average crossover is one of the primary strategies followed by traders around the world. Usually, it consists of a fast and slow moving average to find a buy and sell entry signal according to the crossover direction. Buy signal - when fast MA crosses above the slo
FREE
KT Auto Fibo
KEENBASE SOFTWARE SOLUTIONS
KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto:  It draws the Fibonacci levels automatically based on the chart area. Manual: It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future profi
FREE
KT Pin Bar MT5
KEENBASE SOFTWARE SOLUTIONS
KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlestic
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KT MA Crossover MT4
KEENBASE SOFTWARE SOLUTIONS
KT MA Crossover draws the buy and sell arrows based on the crossover of chosen moving averages. Moreover, it also generates the appropriate alerts and displays the MFE (Most Favorable Excursion) for each successive signal. The moving average crossover is one of the primary strategies followed by traders around the world. Usually, it consists of a fast and slow moving average to find a buy and sell entry signal according to the crossover direction. Buy signal - when fast MA crosses above the slo
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KT Heiken Ashi Smoothed MT5
KEENBASE SOFTWARE SOLUTIONS
KT Heiken Ashi Smoothed is a smoothed version of the standard Heiken Ashi. Moreover, it also plots buy/sell arrows on a trend change. A buy arrow is plotted when it change to a bullish state from bearish state. A sell arrow is plotted when it change to a bearish state from bullish state. Mobile notifications, Email, Sound and Pop-up alerts included. What exactly is Heiken Ashi Smoothed? It filters out the false signals and noise in the standard Heiken Ashi. It applies the set of two moving ave
KT Psar Arrows
KEENBASE SOFTWARE SOLUTIONS
KT Psar Arrows plots the arrows on chart using the standard Parabolic SAR indicator. A bullish arrow is plotted when the candle's high touch the SAR. A bearish arrow is plotted when the candle's low touch the SAR. The signals are generated in the real-time without waiting for the bar close.  Features A beneficial tool for traders who want to experiment with the trading strategies that include the use of Parabolic Sar indicator.  Can be used to find turning points in the market. Use custom PSAR
KT Volatility Oscillator MT5
KEENBASE SOFTWARE SOLUTIONS
KT Volatility oscillator analyze the past and current market data with a mathematical formula to display the result in a form of an oscillator. The growing and deteriorating waves are equivalent to high and low volatility in the asset.  In a nutshell, volatility is simply a measurement of the price fluctuation of an asset over a certain period of time. Without volatility, there would not much movement in the market and traders would not be able to profit from the price movements. Use of Volatil
FREE
KT Round Numbers MT5
KEENBASE SOFTWARE SOLUTIONS
KT Round Numbers plots the round number levels which are also commonly known as psychological levels in the Forex world. In the context of Forex trading, round number levels are those levels in which there are two or more zeroes at the end. They are named as 00 levels on the chart. Some traders also consider the halfway points as a valid round number level. They are named as 50 levels on the chart. Use of round number levels in trading Round number levels work as strong support and resistance
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KT Trend Magic MT5
KEENBASE SOFTWARE SOLUTIONS
KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA or indicator. Features Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a d
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KT Volatility Oscillator
KEENBASE SOFTWARE SOLUTIONS
KT Volatility oscillator analyze the past and current market data with a mathematical formula to display the result in a form of an oscillator. The growing and deteriorating waves are equivalent to high and low volatility in the asset.  In a nutshell, volatility is simply a measurement of the price fluctuation of an asset over a certain period of time. Without volatility, there would not much movement in the market and traders would not be able to profit from the price movements. Use of Volatil
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KT Pin Bar
KEENBASE SOFTWARE SOLUTIONS
KT Pin Bar identifies the pin bar formation which is a type of price action pattern which depicts a sign of reversal or rejection of the trend. When combined with support and resistance, BRN and other significant levels, Pin Bar pattern proved to be a very strong sign of reversal. Basically, a pin bar is characterized by a small body relative to the bar length which is closed either in upper or lower 50% part of its length. They have very large wicks and small candle body. A pin bar candlestic
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KT Trend Magic
KEENBASE SOFTWARE SOLUTIONS
KT Trend Magic shows the trend depiction on chart using the combination of market momentum and volatility. A smoothing coefficient is used to smooth out the noise from the signal.It can be used to find out the new entries or confirm the trades produced by other EA/Indicators. Usage Drag n drop MTF scanner which scans for the new signals across multiple time-frames. Find new entries in the trend direction. Improve the accuracy of other indicators when used in conjunction. Can be used as a dynami
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KT Round Numbers MT4
KEENBASE SOFTWARE SOLUTIONS
KT Round Numbers plots the round number levels which are also commonly known as psychological levels in the Forex world. In the context of Forex trading, round number levels are those levels in which there are two or more zeroes at the end. They are named as 00 levels on the chart. Some traders also consider the halfway points as a valid round number level. They are named as 50 levels on the chart. Use of round number levels in trading Round number levels work as strong support and resistance
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ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the breako
KT Momentum Arrows
KEENBASE SOFTWARE SOLUTIONS
KT Momentum Arrows Indicator is based on a momentary breakout which is calculated using the bands deviation and emerging volatility in a certain direction. A buy signal is generated when the price close above the upper band and a sell signal is generated when the price close below the lower band. A magnitude coefficient is used as the input which affects the band deviation and volatility at the same time. The coefficient value should be carefully selected and analyzed based on the instrument and
KT COG Advanced MT4
KEENBASE SOFTWARE SOLUTIONS
1 (1)
KT COG is an advanced implementation of the center of gravity indicator presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. It's a leading indicator which can be used to identify the potential reversal points with the minimum lag. The COG oscillator catches the price swings quite effectively. MT5 version of the same indicator is available here KT COG Advanced MT5 Calculation of COG The COG indicator is consist of the two lines. The main l
KT Ichimoku Trader
KEENBASE SOFTWARE SOLUTIONS
1 (1)
KT Ichimoku Trader is a fully automated expert advisor that offers five popular trading strategies based on the Ichimoku indicator. Each strategy has it's own entry and exit method without any interference to other strategies. The Ichimoku system can be applied to all major currency pairs and metals. However, we found that it performs reasonably well mainly on two pairs.   MT5 Version is available here  https://www.mql5.com/en/market/product/35043 Features Trade up to 5 famous trading strategi
KT COG Robot
KEENBASE SOFTWARE SOLUTIONS
KT COG Robot is a fully automated Expert Advisor based on the KT COG Indicator . The COG indicator was originally presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. The EA fires a long trade when COG line cross above the signal line and a short trade is fired when the COG line cross below the signal line.  Adaptive Filtration Our adaptive filtration algorithm combines the original COG formula with the major trend direction and market acce
ACB Breakout Arrows EA
KEENBASE SOFTWARE SOLUTIONS
This is a 100% automated expert advisor based on our custom indicator named "ACB Breakout Arrows" . The entries are based on a breakout pattern that constantly occurs in a bi-directional manner. The intensity of entry signals can be manipulated using the external input called "Signal Sensitivity". Trades Confirmation ACB Breakout Arrows EA provides an ability to filter the entries using our another custom indicator named ACB Trade Filter . Strong Buy: Up Arrow + Green Histogram + Bullish Trend
KT Asian Breakout
KEENBASE SOFTWARE SOLUTIONS
4 (1)
KT Asian Breakout carefully analyzes the range-bound market during the Asian session and then fires a long or short trade after doing some preassessment based on its inbuilt technical analysis module. The executed orders are closed within a day before the completion of the next day session. The inbuilt technical analysis module checks for the session range and compares it with the last 20 days price movement. If it finds any erratic price movement within the session, the orders are not executed
KT London Breakout
KEENBASE SOFTWARE SOLUTIONS
First thirty minutes are essential for a trading session. The early reaction of traders and market players sets a path for the rest of the day. KT London Breakout EA takes advantage of this phenomenon, and after analyzing the first thirty minutes of London session, it places two bidirectional pending orders. One of pending order is eventually canceled after realizing the market direction with certainty. It has been strictly tested and developed for EUR/JPY using 30-Min Time Frame. You can expe
MACD Divergence Seeker
KEENBASE SOFTWARE SOLUTIONS
KT MACD Divergence Seeker trades the regular and hidden divergence signals generated by our free indicator named KT MACD Divergence indicator. Trading the standalone divergences can be a risky affair that's why the KT MACD Divergence Seeker combines the standard divergence signals with an advanced analysis module to exploit the price inefficiencies on some FX pairs. What is the Divergence exactly? As a general conception if the price is making higher highs, then macd should also be making hig
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