Murrey Math Metatrader4 Indicator

Written by Aboutcurrency

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Description: This indicator shows pivot point, oversold, overbought and extreme levels on your MT4 charts.

[-2/8] P extremely overshoot
[-1/8 ] P overshoot
[0/8] PUltimate Support - extremely oversold
[1/8] PWeak, Stall and Reverse
l[2/8 ] PPivot, Reverse - major
[3/8] PBottom of Trading Range
[4/8] PMajor Support/Resistance Pivotal Point
[5/8] PTop of Trading Range - [5/8], if 10-12 bars then 40% Time. SELL Premium Zone
[6/8] PPivot, Reverse - major
[7/8] PWeak, Stall and Reverse
l[8/8] PUltimate Resistance - extremely overbought
[+1/8] Povershoot
[+2/8] Pextremely overshoot

File Name: better-murray-math-mm-levels.mq4

Metatrader 4 Screenshot:

EUR/USD 1 Hour Chart

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