The Murray Money Pro Trading Guide
⚠️ Important — Read this first
This guide is published for educational and informational purposes only. It describes how the Murray Money Pro signal system is designed to work. Nothing in this guide constitutes financial advice, investment advice, or a personal recommendation to buy, sell, or hold any asset. All position sizing, risk management parameters, and signal examples are illustrative model design rules — they are not instructions to trade and do not account for your personal financial circumstances, risk tolerance, or investment objectives.
Cryptoassets are high risk and highly volatile. You could lose all the money you invest. Murray Money Pro is not authorised or regulated by the Financial Conduct Authority. Always seek independent regulated financial advice before making any investment decision. Read our full disclaimer →
The Core Principle
Most retail traders struggle because they make decisions based on emotion, not evidence. They buy when they feel confident (usually near the top), sell when they feel scared (usually near the bottom), and size their positions based on how much they want to make rather than how much they can afford to lose.
The Murray Money Pro system is designed to remove those variables by applying a consistent, rules-based framework.
Every signal carries a Conviction Score from 0–6. The model does not show a label unless the score is at least 4. No label means the model has no active signal. This is a model design rule — how you choose to act on it is always your own independent decision.
Every BUY label is designed to display: the entry price, the stop loss level, TP1 at 2× risk, TP2 at 3× risk, and an illustrative model position size. These are model parameters — not personal recommendations.
The Three Tiers
The system has three signal levels, each built for a different timeframe and trading style. Use only one tier at a time on any given chart. Choose the tier that matches how much time you can give the market.
Tier 1 — Trend (Daily / Weekly)
Best for: Long-term investors. People who check charts once a day or less.
How it works:
The Trend indicator uses a full 8-EMA Fibonacci ribbon (5, 8, 13, 21, 34, 55, 89, 144). A BUY signal only fires when all eight EMAs are stacked in perfect bullish order — every faster EMA above every slower EMA. This is the highest-conviction setup in the system.
Weekly Gate: Before any BUY signal can fire, the weekly chart must also be in bull phase (close above EMA 21 on the weekly). This gate is the most important feature of the Trend tier. It prevented every major false signal in 2022 and 2024. When the weekly gate is red, the system turns off. You hold cash. You do nothing.
Conviction Score (0–6):
- Full 8/8 ribbon bullish: +1
- Supertrend bullish: +1
- Weekly EMA21 bullish: +1
- RSI between 50 and 75 (healthy momentum, not overbought): +1
- Volume above 20-day average: +1
- ADX above 20 (trending, not ranging): +1
Minimum score to enter: 4/6. Score 6/6 = maximum conviction = maximum position size.
Stop loss: Placed at the low of the entry bar minus 2× ATR (Average True Range). This gives the trade room to breathe through normal volatility.
ATR trail after TP1 (v5.4): Once price reaches TP1 (entry + 2× risk), the stop automatically transitions from static to a ratcheting ATR trail — 2× ATR below the highest high reached, only ever moving up. This is how mega-trends are captured. The trail tightens as price rises.
Typical hold: Days to weeks, sometimes months.
Trades per year: Approximately 2–4 on BTC daily, 3–6 across a diversified watchlist.
Tier 2 — Swing (4h / Daily)
Best for: Active investors. People who can check charts 2–3 times per day.
How it works:
The Swing indicator uses a partial ribbon — it requires at least 6 of 7 EMA pairs to be in bullish alignment (rather than all 8). This allows it to catch trades in strong uptrends where the full ribbon hasn't fully stacked yet.
The key trigger is a pullback to the Murray Line (EMA 21) followed by a reclaim. Price must have touched or come within range of EMA 21 within the last 5 bars, then closed back above it. This is a pullback-to-support entry — one of the most statistically reliable entry patterns in technical analysis.
Weekly filter: Like Tier 1, the weekly must be bullish before Swing signals can fire. This prevents shorting into uptrends or buying into downtrends.
Exit rules: Exit when two consecutive closes fall below EMA 21, or when the ribbon flips bearish.
Typical hold: Hours to 2–3 days.
Tier 3 — Scalp (1h / 4h)
Best for: Active traders. People who can watch charts in real time.
How it works:
Scalp uses the EMA 8/21 crossover as the primary trigger. Three additional conditions must also align within the same window:
- RSI was below 50 in the last 5 bars and is now back above 50 (RSI reclaim — momentum returning)
- Volume spike of at least 1.3× the 20-day average within the last 3 bars
- Daily EMA 50 is bullish (higher timeframe trend filter)
All four conditions must align within a tight window for the label to appear.
Stop loss: 1.5× ATR below the entry bar low. Tighter than Trend (shorter hold = tighter stop).
Exit: EMA 8 crossing back below EMA 21, or RSI exceeding 78 (overbought), or close below EMA 21.
Typical hold: 30 minutes to 4 hours.
The Command Centre (Tier 4)
The Command Centre indicator runs in the background across up to 10 assets simultaneously. It calculates a 0–5 composite score for each and displays them in a dashboard on your chart. Use it to:
- See which assets have the highest-scoring setups right now
- Prioritise your watchlist — trade the 6/6 setups, ignore the 2/6s
- Get a birds-eye view of market breadth (if all 10 assets are showing low scores, the market is not ready to move)
Position Sizing — Illustrative Model Parameters
Disclaimer: The position sizing parameters below are illustrative model design rules. They are not personal recommendations and do not account for your individual financial circumstances, account size, risk tolerance, or investment objectives. Your own position sizing must be determined independently — ideally in consultation with a regulated financial adviser.
Position sizing is one of the most important variables in any systematic approach. The Murray Money Pro model uses a conservative, conviction-scaled framework designed to limit drawdown while allowing meaningful participation in strong setups.
Model base allocation: 10% of the tracked model portfolio per position
The model scales this allocation with the Conviction Score on the Trend tier:
- Score 4/6: 10% (base — minimum threshold)
- Score 5/6: 15% (moderate conviction)
- Score 6/6: 20% (maximum conviction — maximum model allocation)
The rationale for this scaling is that higher-conviction setups represent more model conditions aligned simultaneously, justifying a larger model weighting. At 6/6, all six inputs are confirmed — the model treats this as its strongest possible signal.
Maximum open model positions: 3
With maximum allocations, the model has up to 60% of tracked capital deployed at once (3 × 20%). The remainder is held as a cash buffer — available for the next confirmed setup or to manage drawdown.
Volatility adjustment (Trend tier model parameter):
- High volatility (ATR > 1.5× its 50-day average): model reduces to ½ base allocation
- Low volatility (ATR < 0.6× its 50-day average): model may use 1.25× base
- Normal volatility: model uses full base allocation
The indicator displays the model-calculated allocation in the panel label. This is an illustrative output — not a personal recommendation for your trade size.
The 2% account risk rule: Separately from allocation, the model is designed so that if a stop-loss is triggered at its intended price, the loss on any single position does not exceed 2% of total model account value. In volatile markets, slippage may cause actual losses to exceed this figure. Past model behaviour is not a reliable guide to future results.
Stop Loss Rules
Rule 1: Place the stop before you enter
The BUY label shows you the stop price. Before you click buy, you must know exactly where you're getting out if you're wrong. If you can't accept that loss, don't take the trade.
Rule 2: Never move a stop further away
Stops can be moved up (tightened) as the trade moves in your favour. They should never be moved down to "give it more room." The stop is where the thesis is invalidated. If price reaches it, the thesis was wrong.
Rule 3: Let the ATR trail do its job
After TP1 is hit, the ATR trail takes over. Don't interfere with it. It has been engineered to capture the full move while protecting most of the profit. If you manually tighten it because you're nervous, you'll exit early on every winning trade.
Profit Taking
TP1 (2× Risk): Take 50% of the position off. This locks in profit, removes the psychological pressure, and lets the remaining half run.
TP2 (3× Risk): Take the remaining 50% off, or let the ATR trail run it to maximum.
On mega-trends (Tier 1 only): Don't fight the trail. BTC 2020–2021 ran 1,500%. The ATR trail held through every pullback. Let it run.
What Not to Do
- Don't trade Tier 1 signals on a 15m chart. The indicators are calibrated to specific timeframes. Applying them to the wrong timeframe produces meaningless signals.
- Don't override the minimum score. If the label doesn't appear, the score threshold wasn't met. This is the system protecting you.
- Don't size up because you "feel strongly" about a trade. The conviction score does that job. Your feelings don't.
- Don't add to a losing position. The system has no averaging-down logic. One entry, one stop. If stopped out, wait for the next signal.
- Don't trade all three tiers at once on the same asset. Pick one. The tiers overlap and will create conflicting positions.
The Weekly Routine
Monday morning (10 minutes):
- Read the Weekly Pulse (arrives 7am)
- Check Command Centre dashboard — any assets showing score 4+?
- Review open positions — are any approaching TP1 or the ATR trail stop?
Daily (5 minutes):
- Check open positions
- Scan watchlist on Tier 1 daily charts for new signals
- Log any closed trades
When a model signal fires:
- Read the label tooltip — Entry, Stop, TP1, TP2, illustrative model size
- Check the Conviction Score shown in the panel
- Check the Command Centre — is this asset in the top 3?
- If score ≥ 4 and the model has fewer than 3 open positions: the model registers this as an active signal
- Make your own independent decision on whether to act — and at what size for your own account
- If proceeding: set alerts for TP1 and the stop price
Total time per day: under 15 minutes.
Risk Management Summary
| Model Parameter | Design Rule | |------|--------| | Base model allocation | 10% of tracked model portfolio | | Maximum model allocation | 20% (score 6/6 only) | | Max model open positions | 3 | | Max model capital deployed | 60% (leaving 40% as cash buffer) | | Stop loss placement | 2× ATR below entry (Trend), 1.5× (Scalp) | | TP1 | Entry + 2× risk (model takes 50% off) | | TP2 / trail | Entry + 3× risk, or ATR trail | | Min conviction score | 4/6 for model to show signal | | Weekly gate | Must be BULL for Trend signals to fire | | Max account risk per position | ≤2% of total model account (if stop hit at intended price) |
These are illustrative model design parameters. They are not personal recommendations. Past model behaviour is not a reliable guide to future results.
Final Word
A systematic framework like this one is designed to reduce the impact of emotion on decision-making. The weekly gate, minimum score threshold, and ATR trail each exist as design rules intended to produce more consistent model behaviour — not as guarantees of profit.
No signal system eliminates market risk. Cryptoassets can fall sharply and without warning. The model can produce signals that result in losses. Past model behaviour in any market environment may not repeat in future conditions.
Use this guide to understand how the system is designed. Make every trading decision independently, based on your own circumstances and with appropriate professional advice where needed.
Murray Money Pro · Pine Script v6 · Updated May 2026
This guide is for educational and informational purposes only. Nothing herein constitutes financial advice, investment advice, or a personal recommendation. Murray Money Pro is not authorised or regulated by the Financial Conduct Authority. Cryptoassets are high risk — you could lose all the money you invest. Past model performance is not a reliable guide to future results. Full disclaimer → · Risk warning →