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All about Murrey_Math & Variant

This is a discussion on All about Murrey_Math & Variant within the Trading tools forums, part of the Trading Forum category; Hi ND/Igor, I found one indicator on TradingView which shows very good results. Is it possible to have this in ...

      
   
  1. #11
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    MurrayMath as S&R

    Hi ND/Igor,

    I found one indicator on TradingView which shows very good results. Is it possible to have this in MT4 ?

    Please.

    https://www.tradingview.com/script/l...y-Math-Levels/

    //@version=3


    // LAX Murrey Math Levels
    // Copyright by RJ 4/2018
    // Specify a starting price, then an interval and Lookback window.
    // The indicator will then plot a moving window of murrey math levels.


    study(title="LAX Murray Math Levels", shorttitle="LAX_MML", precision=5, overlay=true)


    //Inputs
    stPrice = input(1.2300, minval=1, title="StartingPrice")
    pipInterval = input(125, minval=1, title="Interval in Pips")
    lookbackWin = input(64, minval=28, title="Lookback window")


    //Calculate precision
    mult = .00001
    incr = pipInterval * mult
    mid1 = 0.0000
    top1 = 0.0000
    bot1 = 0.0000
    mid2 = 0.0000
    top2 = 0.0000
    bot2 = 0.0000


    decimals = abs(log(syminfo.mintick) / log(10))
    if decimals == 3
    mult = .001

    //plot(series=decimals, color=blue)


    if barstate.isfirst
    mid1:=stPrice
    else
    if highest(high, lookbackWin) >= (mid1 + incr)
    mid1:= highest(high, lookbackWin)

    //Plot
    m1 = plot(mid1, color= mid1 != mid1[1] ? na : red, title="m1", style=line, linewidth=2)
    t1 = plot(mid1 + incr, color = mid1 != mid1[1] ? na : red, title="t1", style=line, linewidth=2)
    b1 = plot(mid1 - incr, color = mid1 != mid1[1] ? na : red, title="b1", style=line, linewidth=2)


    mid2:=mid1
    if lowest(low, lookbackWin) <= (mid2 - incr)
    mid2:= lowest(low, lookbackWin)

    m2 = plot(mid2, color = mid2 != mid2[1] ? na : red, title="m2", style=line, linewidth=2)
    t2 = plot(mid2 + incr, color = mid2 != mid2[1] ? na : red, title="t2", style=line, linewidth=2)
    b2 = plot(mid2 - incr, color = mid2 != mid2[1] ? na : red, title="b2", style=line, linewidth=2)



    Regards,
    Jag
    Attached Thumbnails Attached Thumbnails All about Murrey_Math &amp; Variant-murraymath-pic.png  

  2. #12
    Administrator newdigital's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Hi ND/Igor,

    I found one indicator on TradingView which shows very good results. Is it possible to have this in MT4 ?

    ...
    Yes, I asked Igorad to look at/for this indicator.
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  3. #13
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    Thanks ND.

    Quote Originally Posted by newdigital View Post
    Yes, I asked Igorad to look at/for this indicator.

  4. #14
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    731
    Hi ND,

    I know Igor is loaded with tasks, but request to keep in queue ..... just a gentle reminder.

    Please...

    Regards,
    Jag

    Quote Originally Posted by jagadish123 View Post
    Hi ND/Igor,

    I found one indicator on TradingView which shows very good results. Is it possible to have this in MT4 ?

    Please.

    https://www.tradingview.com/script/l...y-Math-Levels/

    //@version=3


    // LAX Murrey Math Levels
    // Copyright by RJ 4/2018
    // Specify a starting price, then an interval and Lookback window.
    // The indicator will then plot a moving window of murrey math levels.


    study(title="LAX Murray Math Levels", shorttitle="LAX_MML", precision=5, overlay=true)


    //Inputs
    stPrice = input(1.2300, minval=1, title="StartingPrice")
    pipInterval = input(125, minval=1, title="Interval in Pips")
    lookbackWin = input(64, minval=28, title="Lookback window")


    //Calculate precision
    mult = .00001
    incr = pipInterval * mult
    mid1 = 0.0000
    top1 = 0.0000
    bot1 = 0.0000
    mid2 = 0.0000
    top2 = 0.0000
    bot2 = 0.0000


    decimals = abs(log(syminfo.mintick) / log(10))
    if decimals == 3
    mult = .001

    //plot(series=decimals, color=blue)


    if barstate.isfirst
    mid1:=stPrice
    else
    if highest(high, lookbackWin) >= (mid1 + incr)
    mid1:= highest(high, lookbackWin)

    //Plot
    m1 = plot(mid1, color= mid1 != mid1[1] ? na : red, title="m1", style=line, linewidth=2)
    t1 = plot(mid1 + incr, color = mid1 != mid1[1] ? na : red, title="t1", style=line, linewidth=2)
    b1 = plot(mid1 - incr, color = mid1 != mid1[1] ? na : red, title="b1", style=line, linewidth=2)


    mid2:=mid1
    if lowest(low, lookbackWin) <= (mid2 - incr)
    mid2:= lowest(low, lookbackWin)

    m2 = plot(mid2, color = mid2 != mid2[1] ? na : red, title="m2", style=line, linewidth=2)
    t2 = plot(mid2 + incr, color = mid2 != mid2[1] ? na : red, title="t2", style=line, linewidth=2)
    b2 = plot(mid2 - incr, color = mid2 != mid2[1] ? na : red, title="b2", style=line, linewidth=2)



    Regards,
    Jag

  5. #15
    Administrator newdigital's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Hi ND,

    I know Igor is loaded with tasks, but request to keep in queue ..... just a gentle reminder.

    Please...

    Regards,
    Jag
    Yes, I reminded to Igorad now.
    Premium Trading Forum: subscription, public discussion and latest news
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  6. #16
    Developer igorad's Avatar
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    Quote Originally Posted by jagadish123 View Post
    Hi ND,

    I know Igor is loaded with tasks, but request to keep in queue ..... just a gentle reminder.

    Please...

    Regards,
    Jag
    Hi Jag,

    Please check out the LAX Murrey Math Levels indicator.

    All about Murrey_Math &amp; Variant-laxmurreymathlevels_v1.1-600-.png


    Regards,
    Igor
    Attached Files Attached Files
    mosiskv likes this.

  7. #17
    Senior Member
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    Great Thanks.... Igor. Words are not sufficient to praise you!!!

    See the attached screen shot, with SL of 1.30 points($6.50) and TP 30 pts in ES# which comes to $1500 for 1 lot(margin $400).

    Thanks ND too...!!

    Regards,
    Jag

    Quote Originally Posted by igorad View Post
    Hi Jag,

    Please check out the LAX Murrey Math Levels indicator.

    Click image for larger version. 

Name:	LAXMurreyMathLevels_v1.1 600+.png 
Views:	26 
Size:	30.7 KB 
ID:	40059


    Regards,
    Igor
    Attached Thumbnails Attached Thumbnails All about Murrey_Math &amp; Variant-murraymath-es.png  

  8. #18
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    Lisbon
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    Hi jagadish12,

    What TF do you use? You enter with the Arrow (what indicator is that)?

    Thanks
    twix

  9. #19
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    This can work on any TF, accordingly SL/TP will be different. Arrow is manually drawn, as soon as the candle/s touching the levels, I buy/sell abv/below high or if inside bar happned at big TF then thats a good R:R. Please try properly before Real trade.

    I do mainly on M1 and book 2-3pts.

    Quote Originally Posted by twix View Post
    Hi jagadish12,

    What TF do you use? You enter with the Arrow (what indicator is that)?

    Thanks
    twix
    twix and mosiskv like this.

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