Murray Math Levels several oktavs for MT5

5

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() function;

Each octave has 13 levels. 4 octaves have 52 indicator buffers in total.

  • Buffer 0 corresponds to the value of the +2/8 level of the octave with index P0
  • ...
  • Buffer 12 corresponds to the value of the -2/8 level of the octave with index P0
  • ...
  • Buffer 13 corresponds to the value of the +2/8 level of the octave with index P1
  • ...
  • Buffer 25 corresponds to the value of the -2/8 level of the octave with index P1
  • ...
  • and so on...
  • Buffer 52 corresponds to the value of the -2/8 level of the octave with index P3

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.

To simplify the operation of the indicator, the number of bars of history is limited - the BarsCNT parameter, default is 150 bars.

You can study the historic behavior of the indicator in the manual mode by using the StepBack parameter, which allows to plot the required number of indicator values starting with the specified bar.

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

By default, the indicator is configured for intraday trading with lines drawn over the hourly range, which allows you to properly use it for all intrahour ranges. If it is necessary to use the indicator on higher time frames, the current chart time frame will be selected automatically. Alternatively, you can manually set the desired time frame for drawing octaves, being higher than the current chart time frame.</s2>

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

Avis 1
kenchuks
67
kenchuks 2018.01.04 02:35 
 

Excellent product. I am happy with the performance, though I only use it to locate extreme levels. It does an excellent job at that!

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The SyntheticaFX Scalper Pro Indicator is a versatile and user-friendly tool designed to assist traders in identifying high-accuracy entry points across multiple timeframes and all currency pairs. This indicator provides clear visual signals on the chart, along with recommended Stop Loss (SL) and Take Profit (TP) levels, making it easier for traders to plan their trades with confidence. With its built-in dashboard, the SyntheticaFX Scalper Pro Indicator offers real-time trade statistics, helpin
Gem SIGNAL
Shengzu Zhong
5 (1)
Indicateurs
GEM Signal Pro GEM Signal Pro est un indicateur de suivi de tendance pour MetaTrader 5, conçu pour les traders qui souhaitent des signaux plus clairs, des configurations de trade plus structurées et une gestion du risque plus pratique directement sur le graphique. Au lieu d’afficher simplement une flèche, GEM Signal Pro aide à présenter l’idée complète du trade de manière plus claire et plus lisible. Lorsque les conditions sont confirmées, l’indicateur peut afficher le prix d’entrée, le stop los
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Temirlan Kdyrkhan
Indicateurs
PrimeScalping is a powerful trading companion designed to generate high-probability entry signals with dynamic TP/SL/DP levels based on volatility. Built-in performance tracking shows win/loss stats, PP1/PP2 hits, and success rates — all updated live. Key Features: Buy/Sell signals with adaptive volatility bands Real-time TP/SL/DP levels based on ATR Built-in MA Filter with optional ATR/StdDev volatility Performance stats panel (Success, Profit/Loss, PP1/PP2) Alerts via popup, sound, push, or e
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Indicateurs
BTMM State Engine Pro by G-Labs — Beat The Market Maker indicator for MetaTrader 5. Asian session range, London and New York kill zones, level progression (L1/L2/L3), peak formation detection (PFH/PFL), entry signals, and a multi-pair scanner from one chart. Stop scanning charts one pair at a time. The State Engine tracks the BTMM daily cycle automatically — Asian box, room boundaries, level blocks, peak formations, and filtered entries — while the scanner dashboard shows level, peak status, d
Quant Direction MT5
Georgios Kalomoiropoulos
Indicateurs
Quant Direction est un outil d'analyse de marché 3D. Il fournit une analyse de marché parfaitement objective, basée sur un algorithme, en calculant des écarts précis en pourcentage sur différents paramètres. Développé à l'aide d'outils de modélisation avancés basés sur l'IA et soumis à des tests rigoureux, cet algorithme analyse le marché avec une précision inégalée. Vous pouvez analyser n'importe quelle paire de devises ou instrument financier sur la plateforme. Que vous pratiquiez le trading à
Quantum TrendPulse
Bogdan Ion Puscasu
5 (25)
Indicateurs
Présentation de   Quantum TrendPulse   , l'outil de trading ultime qui combine la puissance de   SuperTrend   ,   RSI   et   Stochastic   dans un seul indicateur complet pour maximiser votre potentiel de trading. Conçu pour les traders qui recherchent précision et efficacité, cet indicateur vous aide à identifier les tendances du marché, les changements de dynamique et les points d'entrée et de sortie optimaux en toute confiance. Caractéristiques principales : Intégration SuperTrend :   suivez f
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5 (3)
Indicateurs
Nous vous présentons un indicateur révolutionnaire qui change les règles du jeu dans le monde du trading de tendance. L'indicateur est conçu pour repenser les performances et élever votre expérience de trading à un niveau sans précédent. Notre indicateur dispose d'une combinaison unique de fonctionnalités avancées qui le distinguent de ses concurrents. La technologie de pointe "Real Pricing Factors" offre une durabilité inégalée, même dans les conditions de marché les plus difficiles et les plus
Spike detector Rider
Francisco Mandomo Simbine
5 (1)
Indicateurs
Spike Detector Rider – Intelligent Trading in Volatile Markets Introduction The Spike Detector Rider  is an advanced system for MetaTrader 5 designed to detect explosive price movements in high-volatility assets such as synthetic indices and commodities. It combines volatility filters, trend analysis, and automated risk management to provide intelligent trade confirmations. After purchase, send me a private message to receive the optimized configuration files,  the installation manual and setup
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Xin You Lin
Indicateurs
FX-AIEA Smart Supply and Demand Zone Identification Indicator (Supply and Demand Indicators MT5) Version: 2.51 | Compatible Platform: MetaTrader 5  Why do trades need supply and demand zones? Supply and demand zones are the core manifestation of institutional order flow, reflecting real buying and selling power more accurately than traditional support and resistance. However, manual drawing is not only time-consuming but also highly subjective and prone to missing key areas. FX-AIEA Supp
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Metin Erkamoglu
Indicateurs
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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 intr
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Vladyslav Goshkov
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Filtrer:
kenchuks
67
kenchuks 2018.01.04 02:35 
 

Excellent product. I am happy with the performance, though I only use it to locate extreme levels. It does an excellent job at that!

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