Murrey Math Volume and Market Profile

Murrey Math • Market Profile • Volume Profile • Gann • Fibonacci • Auction Structure

A complete market-analysis workspace for MetaTrader 4.

FORBEX PRO v17 brings several analytical frameworks into one coordinated chart environment, allowing you to study price structure, value, volume, geometry, time and market behaviour without stacking multiple unrelated indicators on the chart.

This can genuinely become the main analytical indicator on your MT4 workspace.

It is not designed simply to generate BUY or SELL arrows.

It is designed to help you understand where the market is, what it is doing, where value is developing, where price is being accepted or rejected, and where the next meaningful reaction may occur.

Even if you are not yet familiar with Market Profile, Auction Market Theory, Murrey Math or Gann methodology, the visual structure makes these concepts considerably easier to read directly from the chart.

For installation assistance, configuration or guidance regarding the methodology, feel free to contact me. Personal one-to-one sessions can also be arranged with practical chart examples and real-market studies.

FORBEX PRO v17 combines several complementary forms of analysis inside one system:

• Murrey Math — geometric price structure and reaction zones
• Market Profile — time, value, balance and auction behaviour
• Volume Profile — volume distribution by price
• Gann geometry and time analysis
• Fibonacci and Fibonacci Expansion tools
• Confluence analysis
• Value Area and POC behaviour
• HVN / LVN structure
• Session analysis
• Interactive chart tools and professional workflow controls

Instead of looking at each methodology independently, FORBEX allows them to work together on the same chart.

The result is a much deeper view of the market:

PRICE + VALUE + VOLUME + TIME + GEOMETRY + CONTEXT

The Murrey Math engine provides a structured geometric map of price.

It helps identify:

• Major reaction levels
• Overbought and oversold areas
• Structural support and resistance
• Expansion and extreme zones
• Price positioning inside the larger trading range
• Potential reversal and continuation areas

Murrey levels are especially useful when combined with Profile structure because you can immediately see whether an important mathematical price level also coincides with Value Area boundaries, POC, volume concentration or rejection zones.

That is where confluence becomes much more meaningful.

FORBEX PRO provides Market Profile analysis directly inside MT4.

Profiles can reveal:

• VAH — Value Area High
• VAL — Value Area Low
• POC — Point of Control
• Accepted price
• Rejected price
• Balance and imbalance
• Value migration
• Session displacement
• Value Area gaps
• Full Value Area transitions
• Developing auction structure

Profiles can be studied across different market periods and sessions, allowing you to understand not simply where price moved, but where the market actually accepted value.

This distinction is fundamental.

A market trading above yesterday's range is not automatically bullish.

The important question is:

Is the market accepting the new prices, or rejecting them?

Market Profile helps answer that visually.

Volume Profile adds another dimension by showing how activity is distributed vertically through price.

The system allows you to identify:

• Volume POC
• High Volume Nodes — HVN
• Low Volume Nodes — LVN
• Areas of strong participation
• Areas of low participation
• Potential acceptance zones
• Potential rejection zones
• Liquidity and reaction areas
• Volume-supported structural levels

This makes it possible to distinguish a level that merely looks important from one where meaningful market participation actually occurred.

Combined with Market Profile, you are viewing both:

TIME AT PRICE

and

VOLUME AT PRICE

rather than relying on price candles alone.

One of the major developments of the current PRO version is the integration and refinement of the FORBEX Gann Legacy engine.

The system includes interactive Gann-based analytical tools designed to work directly with chart structure rather than as static drawings.

The updated v17 engine includes improved:

• Anchor handling
• Price/time geometry
• Swing-point interaction
• Gann calculations
• Time-bar calculations
• Cross-timeframe behaviour
• Object persistence
• Real-time graphical updating

Gann structures now respond dynamically while their anchor points are being adjusted, making the tool considerably more practical for active analysis.

The current PRO engine uses improved pixel-aware wick snapping for interactive analytical objects.

Instead of approximately attaching a structure to a candle, anchor points can lock naturally to the relevant candle extremity.

This gives substantially better control when positioning:

• Gann structures
• Fibonacci structures
• Triangle geometry
• Swing-based analytical objects

Precision matters when geometry is part of the analysis.

FORBEX PRO v17 contains an improved three-point structural engine.

The system maintains the correct chronological relationship between:

P1 → P2 → P3

even when points are manually moved.

This allows the analytical geometry to remain coherent while still giving the trader freedom to interact directly with the chart.

The current implementation also improves object selection, locking and re-selection behaviour, making manual analysis much faster than earlier versions.

Fibonacci analysis is integrated directly into the structural workflow rather than operating as an isolated MT4 drawing tool.

The system supports Fibonacci-based analysis for:

• Retracement
• Expansion
• Swing measurement
• Target projection
• Structural confluence

Fibonacci structures update dynamically while their reference points are manipulated.

The Expansion logic also preserves its analytical state during temporary invalid geometry while an object is being repositioned, preventing unnecessary disappearance or reconstruction during chart work.

A major improvement in the newer engine is the behaviour of analytical structures during manual editing.

Gann and Fibonacci structures can now follow their anchors in real time while you drag them.

This creates a much more natural workflow:

move → observe → compare → release

rather than having to repeatedly redraw or refresh the analysis.

Objects also remain much more stable when changing chart conditions, instruments or timeframes.

Important analytical anchors are designed to remain coherent across timeframe changes.

This means you can establish a structural idea on one timeframe and continue analysing it from another without constantly rebuilding your work.

For example:

D1 context → H4 structure → M30 execution

becomes a much more practical workflow when the analytical geometry follows you through the chart rather than disappearing every time the timeframe changes.

The Gann time engine has also been refined.

Instead of treating every theoretical bar equally, the updated calculations take the actual trading-session structure into account.

This produces more reliable time-based projections, particularly on instruments where trading hours, weekends or session structure can distort simplistic bar-count calculations.

No single analytical technique is treated as absolute.

The real strength of FORBEX PRO comes from observing when several independent structures agree.

For example:

**Murrey level

• Market Profile VAL
• Volume HVN
• Fibonacci retracement
• Gann geometry
• rejection / displacement**

is significantly more meaningful than any one of those observations by itself.

FORBEX therefore functions primarily as a confluence engine.

It allows the trader to ask:

How much independent evidence exists around this price?

rather than:

Did my indicator produce a signal?

The system includes an integrated control interface so that individual analytical layers can be displayed only when required.

Depending on the working configuration, the chart can quickly transition from a detailed analytical workspace to a much cleaner execution view.

Integrated controls include functions for:

• Module visibility
• Analytical-object management
• Profile control
• Chart navigation
• Symbol navigation
• Zoom control
• Fast visual cleanup

The purpose is simple:

maximum information when analysing, minimum clutter when executing.

The integrated symbol-management tools allow rapid movement between instruments without repeatedly opening new charts.

The improved symbol-selection workflow makes multi-market analysis substantially faster, particularly for traders who scan:

• Forex
• Metals
• Indices
• Energy
• Crypto

from the same workspace.

FORBEX PRO v17 does considerably more than the first PRO releases, so performance management has also become part of the architecture.

Computationally heavier analytical processes include workload protection designed to prevent unnecessary repeated calculations.

The DNA analytical component, for example, includes runtime workload controls so that deeper historical calculations do not unnecessarily overload MT4.

Several internal processes have also been refined to improve:

• Object handling
• Chart refresh behaviour
• Dragging responsiveness
• Calculation efficiency
• Timeframe transitions
• Symbol transitions
• Analytical-state preservation

The objective is not simply to add more features.

It is to make those features usable together in a real trading environment.

Instead of asking only:

“Will price go up or down?”

you can analyse:

• Where is current value?
• Is value migrating higher or lower?
• Is price being accepted outside previous value?
• Is the market balanced or imbalanced?
• Where is the dominant POC?
• Where are the HVNs and LVNs?
• Has price displaced away from value?
• Is the move being accepted or rejected?
• Is an important Murrey level nearby?
• Does Fibonacci support the same zone?
• Does Gann geometry identify the same area?
• Is price approaching a structural confluence?
• Where is the logical invalidation point?
• Is there enough evidence to trade at all?

Sometimes the best conclusion produced by professional analysis is simply:

NO TRADE.

That is also information.

The market is fundamentally an auction.

Price continually searches for levels where buyers and sellers are willing to conduct business.

Market Profile identifies where the market spends time.

Volume Profile identifies where the market conducts volume.

Murrey Math identifies important geometric price structure.

Gann contributes price/time geometry.

Fibonacci measures proportion and expansion.

FORBEX PRO combines them so that the trader can evaluate the market from several independent dimensions at the same time.

FORBEX PRO v17 can be used for:

• Forex
• Stock indices
• Gold and Silver
• Commodities
• Oil
• Crypto
• Other instruments available through MetaTrader 4

It can support both:

intraday trading and higher-timeframe swing analysis.

A particularly effective way to use the system is:

1. Higher timeframe — Context

Identify major structure, value, Murrey positioning and dominant auction direction.

2. H4 — Structure

Observe acceptance/rejection, displacement, Profile migration and important confluence areas.

3. M30 — Execution

Wait for price behaviour to confirm the idea around the predetermined structural zone.

In other words:

Context first.
Structure second.
Execution third.

FORBEX PRO does not attempt to replace the trader with a collection of arrows.

It provides the analytical environment from which a trading decision can be made.

The difference is important.

A signal tells you:

“BUY.”

Market structure tells you:

where, why, under what conditions, and where the idea becomes invalid.

That is the philosophy behind FORBEX.

One chart. Multiple analytical dimensions. One coherent framework.

Murrey Math
Market Profile
Volume Profile
Auction Structure
Gann Price & Time
Fibonacci
Confluence
Session Analysis
Interactive Geometry
Multi-Timeframe Context

All integrated into a single MT4 analytical environment.

You are not adding another indicator to your platform.

You are adding a complete market-reading framework.