I think the murrey lines should be treated as ordinary S&R lines. If it breaks, after confirming the break, it will go to another area. If it doesn't break, it will come back.

I think trading the lines, using limit or stop will only be successful for a normally ranging pair such as eur/chf (maybe). But for a trending pair, the strategy would fail.

Regards,

Does anyone have Murrey Math EA ? or can anyone code it ?

all i need is ea should take a buy trade and sell trades at opposite levels, example:

if price is at 5/8 it should take buy trade at 6/8 and sell trade at 4/8, but not with pending orders so to hide trades from the broker.

stoploss for buy trade will be the sell trade level and stoploss for sell trade will be buy trade level.

Thanks in advance

Hello friends

I Would like to try out how good it is...
What is the timeframe for Murrey Math EA setting

thanks
joshua