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KT Murrey Math Indicator 
MT4 | MT5

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Specs
Release date:January 6, 2020
Last updated:August 26, 2022
Current version:1.1
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Update Log

KT Murrey Math Indicator shows the Murrey Math levels on the chart and provides an alert when the price touches a particular level. T. Henning Murrey, in 1995, presented a trading system called Murrey Math Trading System, based on the observations made by W.D Gann.

The indicator adds horizontal support and resistance lines to a price chart, indicating reaction points. These lines also give traders an understanding of the current market trends, ranges, and reversal points to monitor.

The fundamental principle behind the Murrey Math lines is that the market's price moves retrace in multiples of 1/8, 2/8, and up to 8/8. After that, prices move in 1/8 increments. MM lines divide the price spectrum into blocks of eighths.

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Reviews

  • Question

    Hello. Could you put a way to be able to shrink the letters of the levels or change them positions to make it visually clear?
    Thanks

  • give good trend direction

    very useful in knowing trend direction with the use of support and resistances

  • Mantap.

    Good

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