Math

Murrey Math Lines (support and resistance) – indicator MetaTrader 5

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Murrey Math Lines (support and resistance) - indicator for MetaTrader 5
Real author: This indicator is based on algorithm, proposed by Vladislav Goshkov (VG) 4vg@mail.ru The indicator plots Murrey Math Lines for all available history, it doesn’t uses any objects. Since, according to Gann, prices move in 1/8’s, these 1/8’s act as points of price support and resistance as an entity’s price changes in time. Given … Read more

Murrey Math Lines for the Current Bar – indicator MetaTrader 5

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Murrey Math Lines
Real author: Vladislav Goshkov (VG) The well-known theorist Thomas Henning Murrey is widely known in the world of the modern trading. It was he who adapted the theory of the legendary William Gann making it more understandable. Murrey created his famous math lines on the basis of the Gann’s “Square of Nine” principles. The lines … Read more