The Murrey Math Trading System - page 70

[cmc]

Long trade setup

Price heads down, hits 1/8 extreme

Bounces, makes a high into the 0/8

Enter Long on the 61.8 retracement

[cmc]

Second long CHF trade set up

[cmc]

Sorry, that was the same chart, attached is correct 2nd CHF

[cmc]

Short EUR set up

[cmc]

This is the interesting one, bacause the price didn't reach the 61.8 retracement until AFTER the MM Lines reset themselves. Thus it would have kept me out of my Short JPY trade of which I'm down way over 100 pips.

What do you think guys?

CMC

[cmc]

Long AUD set up

[SavvyTrader]

Indicator to mq4?

xard777:
Hi CMC

I made some changes to the 64-Day-Frame setup that you use.

If you want to try it...

Unzip indicators to Metatrader4/experts/indicators...

Unzip #101-64-Day-frame.tpl to Metatrader4/templates...

Restart Metatrader4, right click mouse & select template/#101-64-day-frame

Now try it out on a 15/30Min chart or whatever period you like...

Quick Description

Main Trend = Magenta(down)/Green(up) line

Minor Trend = Red(down)/Blue(up) line

Major Trade change = Red(going down)/Green(going up) Target Sight

Minor Trade change = Yellow dotted line (up/down)

Buy/sell confirmation signal = Blue Box

Trailing Stoploss = orange boxes (you can also use the Major/Minor trade change to pullout of a profitable trade with max pips)

Happy Trading...

Xard777

Hi Xard777,

I could not open the zip file. Can you give the indciators to Mq4 instead of the zip file?

Would appreicate the help!

SavvyTrader

[SavvyTrader]

Indicators

Xard777,

Thanks for your sharing!

Looking forward to learn new tools in my system.

SavvyTrader

[xard777]

SavvyTrader:
Xard777,

Thanks for your sharing!

Looking forward to learn new tools in my system.

SavvyTrader

no problem, just remember in future to download winrar via google...its free

Xard777

[SavvyTrader]

Ok, you bet I will.

SavvyTrader