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Murray Math Levels several oktavs

This indicator calculates and displays Murrey Math Lines on the chart. 

The differences from the free version:

It allows you to plot up to 4 octaves, inclusive (this restriction has to do with the limit imposed on the number of indicator buffers in МТ4), using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths.

It produces the results on historical data. A publicly available free version with modifications introduced by different authors, draws the results on history as calculated on the current bar, which prevents it from being used for accurate analysis of the price movement in the past and complicates determination of the possible direction of the price at the current price range. There are versions that show values based on history but I don't know how accurate they are.

The calculated values can be obtained from indicator buffers using the iCustom() function:

  • indicator line with 0 index contains line 4/8 of the octave set by the Р0 variable value selected on a time frame set by the BaseTF_P0 variable with the selection criterion specified by the BaseMGTD_P0 variable.
    Obtaining the value of this level on the zero bar: double p0_4_8 = iCustom(NULL,0,"ivgMMLevls",..list of parameters..,0,0);
    On the previous bar (number N): double p0_4_8_prev = iCustom(NULL,0,"ivgMMLevls",..list of parameters..,0,N); 
  • indicator line with index 1 contains the grid step of the same octave.
    Obtaining the value of this level on the zero bar: double p0_step = iCustom("ivgMMLevls",..list of parameters..,1,0); 
    On the previous bar (number N):  double p0_step_prev = iCustom("ivgMMLevls",..list of parameters..,1,N);   

A similar approach is used to access data of the other octaves:

  • indicator line with index 2 - line 4/8, for octave Р1
  • indicator line with index 3 - grid step, for octave Р1
  • indicator line with index 4 - line 4/8, for octave Р2
  • indicator line with index 5 - grid step, for octave Р2
  • indicator line with index 6 - line 4/8, for octave Р3
  • indicator line with index 7 - grid step, for octave Р3

This is for those who want to use these levels in Expert Advisors.

An example of the script that obtains data for octave Р0 on the zero bar:

input string s0="Latest Bar Number to calculate >= 0 ";
input int StepBack = 0;
input string s01="Culc Oktavs Count - max 4";
input int _pCNT =  4;
input string s1="History Bars Count";
input int BarsCNT =  150;
input string s2 = "Parameters group for configuring";
input string s20 = "Murray Math Diapazone new search algorithm";
input string s21 = "!!! If you are unsure, do not change these settings !";
input int P0 =    8;
input int P1 =   16;
input int P2 =   32;
input int P3 =  128;
input int BaseTF_P0    = 60;
input int BaseTF_P1    = 60;
input int BaseTF_P2    = 60;
input int BaseTF_P3    = 60;
input int BaseMGTD_P0 =  1;
input int BaseMGTD_P1 =  1;
input int BaseMGTD_P2 =  1;
input int BaseMGTD_P3 =  1;
input string s22 = "**** End Of Parameters group for configuring *** ";
input string s3 = "Line Colors adjustment";    
input color  mml_clr_m_2_8 = White;       // [-2]/8
input color  mml_clr_m_1_8 = White;       // [-1]/8
input color  mml_clr_0_8   = Aqua;        //  [0]/8
input color  mml_clr_1_8   = Yellow;      //  [1]/8
input color  mml_clr_2_8   = Red;         //  [2]/8
input color  mml_clr_3_8   = Green;       //  [3]/8
input color  mml_clr_4_8   = Blue;        //  [4]/8
input color  mml_clr_5_8   = Green;       //  [5]/8
input color  mml_clr_6_8   = Red;         //  [6]/8
input color  mml_clr_7_8   = Yellow;      //  [7]/8
input color  mml_clr_8_8   = Aqua;        //  [8]/8
input color  mml_clr_p_1_8 = White;       // [+1]/8
input color  mml_clr_p_2_8 = White;       // [+2]/8
input string s4 = "Line thickness adjustment";  
input int    mml_wdth_m_2_8 = 2;        // [-2]/8
input int    mml_wdth_m_1_8 = 1;        // [-1]/8
input int    mml_wdth_0_8   = 2;        //  [0]/8
input int    mml_wdth_1_8   = 1;        //  [1]/8
input int    mml_wdth_2_8   = 1;        //  [2]/8
input int    mml_wdth_3_8   = 1;        //  [3]/8
input int    mml_wdth_4_8   = 2;        //  [4]/8
input int    mml_wdth_5_8   = 1;        //  [5]/8
input int    mml_wdth_6_8   = 1;        //  [6]/8
input int    mml_wdth_7_8   = 1;        //  [7]/8
input int    mml_wdth_8_8   = 2;        //  [8]/8
input int    mml_wdth_p_1_8 = 1;        // [+1]/8
input int    mml_wdth_p_2_8 = 2;        // [+2]/8
input string s5 = "Font adjustment";  
input int    dT = 7;
input int    fntSize  =  7;
input string s6 = "Latest Bar Marker adjustment";  
input color  MarkColor   = Blue;
input int    MarkNumber  = 217;

int start()
{
    double p0_4_8 = iCustom(NULL,0,"ivgMMLevls",
    s0,StepBack,s01,_pCNT,s1,BarsCNT,
    s2,s20,s21,P0,P1,P2,P3,BaseTF_P0,BaseTF_P1,BaseTF_P2,BaseTF_P3,
    BaseMGTD_P0,BaseMGTD_P1,BaseMGTD_P2,BaseMGTD_P3,s22,
    s3,
    mml_clr_m_2_8,mml_clr_m_1_8,mml_clr_0_8,mml_clr_1_8,mml_clr_2_8,mml_clr_3_8,
    mml_clr_4_8,
    mml_clr_5_8,mml_clr_6_8,mml_clr_7_8,mml_clr_8_8,mml_clr_p_1_8,mml_clr_p_2_8,
    s4,
    mml_wdth_m_2_8,mml_wdth_m_1_8,mml_wdth_0_8,mml_wdth_1_8,mml_wdth_2_8,mml_wdth_3_8,
    mml_wdth_4_8,
    mml_wdth_5_8,mml_wdth_6_8,mml_wdth_7_8,mml_wdth_8_8,mml_wdth_p_1_8,mml_wdth_p_2_8,
    s5,dT,fntSize,s6,MarkColor,MarkNumber,
    0,0); 
    double p0_step = iCustom(NULL,0,"ivgMMLevls",
    s0,StepBack,s01,_pCNT,s1,BarsCNT,
    s2,s20,s21,P0,P1,P2,P3,BaseTF_P0,BaseTF_P1,BaseTF_P2,BaseTF_P3,
    BaseMGTD_P0,BaseMGTD_P1,BaseMGTD_P2,BaseMGTD_P3,s22,
    s3,
    mml_clr_m_2_8,mml_clr_m_1_8,mml_clr_0_8,mml_clr_1_8,mml_clr_2_8,mml_clr_3_8,
    mml_clr_4_8,
    mml_clr_5_8,mml_clr_6_8,mml_clr_7_8,mml_clr_8_8,mml_clr_p_1_8,mml_clr_p_2_8,
    s4,
    mml_wdth_m_2_8,mml_wdth_m_1_8,mml_wdth_0_8,mml_wdth_1_8,mml_wdth_2_8,mml_wdth_3_8,
    mml_wdth_4_8,
    mml_wdth_5_8,mml_wdth_6_8,mml_wdth_7_8,mml_wdth_8_8,mml_wdth_p_1_8,mml_wdth_p_2_8,
    s5,dT,fntSize,s6,MarkColor,MarkNumber,
    1,0); 
    Print("p0_4_8 = ",DoubleToStr(p0_4_8)," | p0_step = ",DoubleToStr(p0_step));
    return(0);
}

To simplify the operation of the indicator, the number of bars of history is limited - the BarsCNT parameter.

 To analyze the behavior of the indicator over the history in the manual mode, there is a shift parameter StepBack, which allows you to draw the specified number of indicator values not only from the current bar (with 0 number).

Attention! This version of the indicator features an improved selection of ranges for plotting octaves.

By default, the indicator is set with minimal differences from the basic calculation algorithm for intraday trading with lines drawn over the hourly range, which allows you to properly use it for all intrahourly ranges. If it is necessary to use the indicator on senior time frames, the current chart time frame will be selected automatically. Alternatively, you can manually set the desired time frame, being higher than the current chart time frame.

Please modify the default parameters only if you know exactly what you are doing. The default parameters should be optimal for most trading strategies.

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3 Indicators in 1 indicator Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This indicator is basically 3 different indicatos . But we have combined these 3 indicators in 1 indicator so that you can use 3 indicators at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : No repaintin
Présentation       Quantum Trend Sniper Indicator   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous identifiez et négociez les inversions de tendance ! Développé par une équipe de traders expérimentés avec une expérience commerciale de plus de 13 ans,       Indicateur Quantum Trend Sniper       est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa manière innovante d'identifier les inversions de tendance avec une précision extrêmement élevée
MTF Supply Demand Zones
Georgios Kalomoiropoulos
4.83 (23)
Nouvelle génération de zones d'approvisionnement et de demande automatisées. Algorithme nouveau et innovant qui fonctionne sur n'importe quel graphique. Toutes les zones sont créées dynamiquement en fonction de l'action des prix du marché. DEUX TYPES D'ALERTES --> 1) QUAND LE PRIX ATTEINT UNE ZONE 2) QUAND UNE NOUVELLE ZONE SE FORME Vous n'obtenez pas un indicateur inutile de plus. Vous obtenez une stratégie de trading complète avec des résultats prouvés.     Nouvelles fonctionnali
SMCpro VIP MT4  Original Price  $630   ---  Currently Price 25% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower trad
All in One Trade
Alexey Minkov
4.48 (27)
The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (26)
Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience de trading de plus de 13 ans,   Quantum Breakout PRO   est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur les zones d
Gann Swing Structure
Kirill Borovskii
5 (1)
This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
Présentation de l'indicateur astronomique pour MT4 : Votre compagnon de trading céleste ultime Êtes-vous prêt à élever votre expérience de trading à des hauteurs célestes ? Ne cherchez pas plus loin que notre indicateur astronomique révolutionnaire pour MT4. Cet outil innovant transcende les indicateurs de trading traditionnels en exploitant des algorithmes complexes pour vous fournir des aperçus astronomiques inégalés et des calculs de précision. Un univers d'informations à portée de main : Con
The indicator of a Professional Trader is an arrow indicator for predicting the direction of price movement. I have been working on this indicator since 2014. You can use this indicator as your main indicator, use its entry signals, and use it as your only indicator to find entry points. About the product: Recommended TF [H4-D1-W1]   . The indicator predicts the direction of the next candle. Fits a variety of tools; Flexibility in settings for different instruments and intervals through the
Shepherd Harmonic Pattern
Abdullah Alrai
4.68 (59)
Cet indicateur détectera des motifs harmoniques dessinés sur le graphique par des méthodes manuelles et automatiques. Vous pouvez consulter le manuel d'utilisateur à partir de ce lien: Ajoutez votre avis et contactez-nous pour l'obtenir. Il existe une version gratuite pour essayer ce produit sur MT4. Vous pouvez l'utiliser pour détecter les motifs Gartley et Nenstar: https://www.mql5.com/en/market/product/30181 Vous pouvez acheter la version complète de MT4 à partir de: https://www.mql5.com/en/m
Backtesting Simulator MT4
Diego Arribas Lopez
3.5 (2)
[ MT5 Version ] Backtesting Simulator Are you tired of spending months on demo or live accounts to test your trading strategies? The Backtesting Simulator is the ultimate tool designed to elevate your backtesting experience to new heights. Utilizing Metatrader historical symbol information, it offers an unparalleled simulation of real market conditions. Take control of your testing speed, test ideas quickly or at a slower pace, and witness remarkable improvements in your testing performance. For
Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabi
ECM Channel MT4
Paulo Rocha
5 (1)
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Full Forex Market View Dashboard
Opengates Success International
5 (2)
Indicateur de tableau de bord FULL FOREX MARKET VIEW Il s'agit d'un indicateur personnalisé créé pour donner aux commerçants une vue complète de ce qui se passe sur le marché. Il utilise des données en temps réel pour accéder au marché et afficher toutes les informations nécessaires pour effectuer des transactions réussies. INSTALLATION: Avant de joindre cet indicateur à votre graphique de fenêtre, accédez au panneau Market Watch de votre MT4 et MASQUEZ toutes les paires de devises dont
Cycle Sniper
Elmira Memish
4.39 (36)
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
GOLD Impulse with Alert
Bernhard Schweigert
4.56 (9)
Cet indicateur est une super combinaison de nos 2 produits Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Il fonctionne pour tous les cadres temporels et montre graphiquement l'impulsion de force ou de faiblesse pour les 8 principales devises plus un symbole ! Cet indicateur est spécialisé pour montrer l'accélération de la force des devises pour tout symbole comme l'or, les paires exotiques, les matières premières, les indices ou les contrats à terme. C'est le premi
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3 (2)
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
IA Trendx3 PRO
Marco Aurelio Santos Costa
What if God Created a Trade System? No miracles... Just see how mathematics can be effective in the market. We managed to combine technical analysis / price action into indicators, creating the best setup for trading, be it in Forex, Indices, or stocks. It took us 2 years to create something that really works, and now it's time for you to discover it. TrendX3 is a revolution in trend analysis. Based on advanced algorithms and real-time data, it provides valuable insights so that you can make inf
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The indicator draws trend lines based on Thomas Demark algorithm. It draws lines from different timeframes on one chart. The timeframes can be higher than or equal to the timeframe of the chart, on which the indicator is used. The indicator considers breakthrough qualifiers (if the conditions are met, an additional symbol appears in the place of the breakthrough) and draws approximate targets (target line above/below the current prices) according to Demark algorithm. Recommended timeframes for t
This indicator calculates and displays Murrey Math Lines on the chart. This MT5 version is similar to the МТ4 version: It allows you to plot up to 4 octaves, inclusive, using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths. In contrast to the МТ4 version, this one automatically selects an algorithm to search for the base for range calculation. You can get the values of the levels by using the iCustom() funct
Классификатор силы тренда. Показания на истории не меняет. Изменяется классификация только незакрытого бара. По идее подобен полной системе ASCTrend, сигнальный модуль которой, точнее его аппроксимация в несколько "урезанном" виде, есть в свободном доступе, а также в терминале как сигнальный индикатор SilverTrend . Точной копией системы ASCTrend не является. Работает на всех инструментах и всех временных диапазонах. Индикатор использует несколько некоррелируемых между собой алгоритмов для класси
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Version 1.1 2022.02.03
Перекомпилирован под терминал 1353 от 16.12.2021