Something as simple as the nonlagdot indy is enough to keep from entering while move is still developing...BTW, dietcoke, Thank You very much for your great mods to the original MMLs indicator......
Vincit qui se vincit.
DislikedFirst down to around 1.2200 (4/8 MML) then up to 1.2660 area (8/8 MML + 3 distribution areas)Ignored
DislikedThe attached pic shows three daily charts of EURUSD for the past 37 days. Each has a different Murrey Math Lines indicator attached as per the indicator name in red at the bottom of each chart. Whilst they all agree that 1.31836, 1.26953 and 1.22070 are significant prices they all disagree on which levels they represent. I'd be pleased if an MML expert could tell me which indicator is giving the correct levels.Ignored
DislikedTaken directly from first post:
"Any MT4 broker will do, but please fully understand that a different broker may provide different data which will result in your Murrey Levels appearing different than mine."Ignored
Dislikedbut I do trade with MML's. I can show you 100 trades where this system worked and 100 trades where it failed. Just trading a break of a MML is not actually wise in my opinion. I always felt that using a price action filter and possibly some sort of volume indicator would come in handy, and it does. Look at this usd/cad example from last week. The circled candle is a pin bar. It's not a great pin but let's talk about what made this trade some great aside from the pin bar. Look at where it forms. We should all know that the 6/8 line is a strong support/...Ignored