mql5

Murrey EA - expert for MetaTrader 4



[QUOTE]This Expert Advisor is based on Murrey lines, Stochastic oscillator, Candles, Bollinger Bands.

• Oversold occured when price breaked level 8/8 and stochastic >70 and target level 7/8 , with auto trail, when candle close above 8/8
• Overbought occured when price breaked level 0/8 and stochastic<20 and target level 1/8 , with auto trail, when candle close bellow 0/8
• What's new : V4 -> no order modify error 134 , and I will always update EA when I have time....

Recommendations:

• I. 5 digits pair
• II. Best timeframes: M15,M30,H1,H4
• III. Please follow the trend before running EA , you can disable buy by setting. Enable Buy :false , you can disable sell by setting Enable Sell:false

So EA will work good when you take a look at the trend and follow only the trend, disable Short or Long.