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Murrey Math
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Created: by Big Mike Attachments:73

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Murrey Math

  #11 (permalink)
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Eternum View Post
It looks like Murrey Math does not work with Range charts. I wonder if anyone else has this problem?

The EOT version does.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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  #12 (permalink)
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Thanks Mike.

The EOT stuff are impressive looking.

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  #13 (permalink)
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Eternum View Post
It looks like Murrey Math does not work with Range charts. I wonder if anyone else has this problem?

I will post an update this afternoon or tomorrow, that fix the range problem.

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  #14 (permalink)
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Thanx Prester and Mike,

i look today at MML on 16 Minute and 32 Minute for Daily and 64 Minute for Weekly S/R Level i found it looks very nice ... So i removed my rpc to clean up the charts ...

what is on range, tick and volume charts a good calculation to get an good overview ... i think this is a importent point of how to use mml correctly ...


Attached Thumbnails
Murrey Math-mml.png   Murrey Math-mml2.png  
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Hey that'd be super Prtester

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  #16 (permalink)
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i found this on ff

if new code there will insert

 
Code
    /**if(AlertOn && NewBar()){
      if((High[0] >= mml[12]) || (Low[0] >= mml[12]))
         Alert(AlertPrefix+"MM[+2/8] SELL: TP1 @ 8/8, TP2 @ 7/8");
      else
      if((High[0] >= mml[11]) && (High[0] < mml[12]) || (Low[0] >= mml[11]) && (Low[0] < mml[12]))
         Alert(AlertPrefix+"MM[+1/8] SELL: TP1 @ 8/8th, TP2 @ 7/8");
      else
      if((High[0] >= mml[10]) && (High[0] < mml[11]) || (Low[0] >= mml[10]) && (Low[0] < mml[11]))
         Alert(AlertPrefix+"MM[8/8] If downtrend, SELL & Exit @ 6/8th");
      else
      if((High[0] >= mml[9]) && (High[0] < mml[10]) || (Low[0] >= mml[9]) && (Low[0] < mml[10]))
         Alert(AlertPrefix+"MM[7/8] If downtrend, SELL & Exit @ 4/8th");
      else
      if((High[0] <= mml[0]) || (Low[0] <= mml[0]))
         Alert(AlertPrefix+"MM[-2/8] BUY: TP1 @ 0/8, TP2 @ 2/8");
      else
      if((High[0] <= mml[1]) && (High[0] > mml[0]) || (Low[0] <= mml[1]) && (Low[0] > mml[0]))
         Alert(AlertPrefix+"MM[-1/8] BUY: TP1 @ 0/8th, TP2 @ 2/8");
      else
      if((High[0] <= mml[2]) && (High[0] > mml[1]) || (Low[0] <= mml[2]) && (Low[0] > mml[1]))
         Alert(AlertPrefix+"MM[0/8] If uptrend, BUY & Exit @ 2/8th");
      else
      if((High[0] <= mml[3]) && (High[0] > mml[2]) || (Low[0] <= mml[3]) && (Low[0] > mml[2]))
         Alert(AlertPrefix+"MM[1/8] If uptrend, BUY & Exit @ 4/8th");
      }
            **/

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New Version

Ok guys here is the deal, this is not fully tested, but should work on Range, and Volume Charts, I include some Bool in case you want the pivots to be calculated Hourly. When you guys think is ready we can move it to the download section.

Regards

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Register to download File Type: zip MurrayMathPivot.zip (8.4 KB, 361 views)
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  #18 (permalink)
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Prtester...Thanks!

I have it up and running and jumped back and forth between different range quantities and times and it worked no matter what.

Really appreciate the level descriptions too!


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  #19 (permalink)
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Poocher View Post
Prtester...Thanks!

I have it up and running and jumped back and forth between different range quantities and times and it worked no matter what.

Really appreciate the level descriptions too!


Attachment 280

Also I round to nearest tick all the levels, I really hate the .021 or so :-)

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  #20 (permalink)
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PrTester,

Thank you for all of your work on this indicator!! I hope you don't mind, I made a few changes for my personal use and wanted to share in case anyone else benefits from them.

Here is my version, which adds:

- Ability to use Right Margin on chart
- Ability to color the Text Labels differently than the line colors
- Raises the Text Label by 2px so it doesn't touch the line
- Right-aligns the MML text (0/8, 1/8, 2/8 etc)
- Sets default colors to match the colors presented earlier in this thread
- Sets ZOrder to -1 which puts the MML's behind price bars instead of on top

NOTE: I just made the last change a few minutes after I uploaded, so please re-download the indicator...

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Attached Thumbnails
Murrey Math-2009-06-22_1617.png   Murrey Math-2009-06-22_1623.png  
Attached Files
Register to download File Type: zip MurreyMath_bigmike.zip (8.8 KB, 554 views)
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