At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

Murrey Math

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 39.56%
7-Day Profit: 26.01%
Support: 24х7 via Telegram
Free 🎁
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 26.91%
7-Day Profit: 16.4%
Support: Developer
Try Demo 🏆

Overview of Murrey Math

  • Developed by T. Henning Murrey in 1995, the Murrey Math Trading System is rooted in the principles of W.D. Gann.
  • This system's fundamental belief is that price actions exhibit consistent behaviors across different markets.
  • Murrey Math divides price movements into 1/8 intervals, leading to a structured framework for identifying key price levels.

    • Understanding the Levels

  • The Murrey Math system consists of thirteen levels ranging from -2/8 to +2/8.
  • Each level signifies different market conditions such as overshoot, support, and resistance.
  • Examples of critical levels include:
    • [-2/8]P - Extremely Overshoot
    • [0/8]P - Ultimate Support - Extremely Oversold
    • [4/8]P - Major Support/Resistance Pivotal Point
    • [8/8]P - Ultimate Resistance - Extremely Overbought
  • Traders believe market reversals occur 95% of the time when prices cross the [2/8]P level.
    • 🎯

    Applications in Trading

  • Murrey Math excels at establishing trend reversals and identifying overbought or oversold conditions.
  • Traders can set alerts to notify them when the price approaches critical levels, helping to plan their trades without constant screen time.
  • Utilizing automated tools like the KT Murrey Math Robot can enhance trading efficiency by executing trades based on these levels.
    • 🤖

    Key Inputs for Implementation

  • Octave Period: Determines the number of bars used for Murrey Math calculations.
  • Time-Frame: Can be tailored according to your trading style.
  • Shift Back: This adjustment helps avoid errors when the market creates new highs or lows.
  • Custom alert settings keep traders informed about level breaches.

    • Conclusion

  • With its systematic approach, Murrey Math offers traders an edge in navigating market conditions.
  • It suits both novice and experienced traders looking for a robust method to analyze price movement.
    • 🤑
    Sign in \ Up
    Sign in \ Up

    Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.