Hi Rockrat,
I use strategyBuilderFX-Metatrader.....
I am posting the file for Murray Math lines.
The only thing you will need to change is the period.
This one is set at 64 day but you need to change it to 4 day.
I might add also that I use fib lines and pivots.
Murray Math lines,and pivots can be critical support and resistance levels.
The reason pivot points are so popular is that they are predictive as opposed to lagging.
Because so many traders follow pivot points you will often find that the market reacts at these levels. This gives you an opportunity to trade.
I use Fibonacci Retracement lines during news.
Again like pivot points so many traders use them you will find that the market reacts at these levels.
I recommend if you have not already done so to study these points of resistance and support.
I have also spent three years watching charts and reading as much as information on forex trading as I could get my hands on.
I am still reading and learning every day.
I would just like to add that this is my experience and I found it works for me.
I use strategyBuilderFX-Metatrader.....
I am posting the file for Murray Math lines.
The only thing you will need to change is the period.
This one is set at 64 day but you need to change it to 4 day.
I might add also that I use fib lines and pivots.
Murray Math lines,and pivots can be critical support and resistance levels.
The reason pivot points are so popular is that they are predictive as opposed to lagging.
Because so many traders follow pivot points you will often find that the market reacts at these levels. This gives you an opportunity to trade.
I use Fibonacci Retracement lines during news.
Again like pivot points so many traders use them you will find that the market reacts at these levels.
I recommend if you have not already done so to study these points of resistance and support.
I have also spent three years watching charts and reading as much as information on forex trading as I could get my hands on.
I am still reading and learning every day.
I would just like to add that this is my experience and I found it works for me.
Attached File(s)
Murrey_Math_Lines-2.mq4
13 KB
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259 downloads