The Murrey Math lines are created by dividing the range between the high and low of the monthly timeframe prices into equal parts based on the division factor from 2 to 12.
No matter which timeframe you will use, because the calculations based on the most high and low price values.
Better to use > monthly timeframe for faster calculations.
These lines serve as...
I'm publishing my first script for free.
You can see the MurreyMath Lines and Levels now easily for any instrument.
How to use
you can setup this indicator manually by typing the local top and high points on the chart
you can easily find the major HIGH/LOW points by using for example using the Tradingview's built-in "Pivot Points High Low" indicator...
updated the script from @ceyhun and added labels for reference...
For high probability setup pair it with higher timeframe (30 min, 60 min) and 5 min for support and resistance and use price action to go long or short... For more info on how to trade these lines you can search forexfactory . It is uncanny how these lines react to prices. Need to explore more on...
Update v1.1:
GRaB colors now green, red, gray
Added Murrey Range lines.
Cleaned up the code.
GRaB candles and a murrey math "midline" in one script.
Some traders using methods of Rob Booker (40% club, trifecta5) like to use both GRaB candles and Murrey Math to combine, or to compare entry and exit moments.
Color of candles are as GRaB candles.
Midline use:...
Took the orginal Murrey's Math Lines Channel and added Multi Timeframe functionality.
Question though, how do I get 4H available in the drop down list when setting the desired timeframe ?
Thanks
![1000XECUSDT.P: Murrey Math Horizontal/Diagonal + Subharmonics 0 - 12 [All-Time]](https://s3.tradingview.com/c/CVK62XWV_mid.png "Murrey Math Horizontal/Diagonal + Subharmonics 0 - 12 [All-Time]")
![GBPNZD: [RS] MTF Murrey's Math Lines Channel](https://s3.tradingview.com/g/gcnIhigV_mid.png "[RS] MTF Murrey's Math Lines Channel")
