⚡ Murrey Math Level Calculation – Plots key support and resistance lines based on Murrey Math formulas.
📈 Identify Market Opportunities – Helps traders determine potential entry and exit points.
🎯 Support for Trade Management – Guides placement of stop-loss and take-profit levels.
🔍 Enhanced Market Analysis – Incorporates Gann theory for accurate key levels.
⏱️ Multi-Timeframe Compatible – Suitable for both short-term and long-term trading strategies.
💡 User-Friendly Tool – Automatically plots levels on your chart for easy use.
💹 Better Trading Decisions – Helps traders make informed, data-driven choices.
🛠️ Easy Installation – Download and apply on MT4 quickly and efficiently.
🌟 Free & Accessible – Fully free indicator for all MT4 users.
Murrey Math Label Levels Period
⚡ Free MT4 Indicator – Provides Murrey Math support and resistance levels.
📊 Key Price Levels – Helps identify potential entry and exit points.
🎯 Trade Strategy Support – Guides stop-loss and take-profit placement.
⏱️ Multi-Timeframe Support – Works across different timeframes.
🛠️ Platform: MetaTrader 4 (MT4)
Input Settings & Controls
Variable | Description |
---|---|
MM_LABEL_SIZE | Font size for Market Maker (MM) level labels. |
MM_LABEL_SHIFT | Pixel offset/shift for MM labels to improve readability. |
ALLBabymmLevels | Enables display of all baby MM levels. |
BabymmLevels_48_ONLY | Restricts display to 48 baby MM levels only. |
Color_Bright | Sets brightness/intensity of chart colors. |
ColorPanels_ON | Enables/disables colored panels for levels/zones. |
Comments | Toggles on-screen comments from the indicator. |
LevelComments | Displays textual comments/notes for support/resistance levels. |
ShowComments_Top_Right | Places comments in the top-right corner of the chart. |
MoveComments_Up_Down | Shifts comment block vertically for better positioning. |
lengthLevel_Equal_to_Daily | Sets intraday level length equal to daily range. |
Level_Line_Labels | Enables/disables text labels on drawn level lines. |
Move_AllLineLabels | Shifts all line labels on the chart simultaneously. |
YCloseLevel | Enables display of yesterday’s closing price level. |
Move_YCloseLabels | Shifts the label of yesterday’s close level for clarity. |
Devices Supported
Device Type | Operating System | Compatibility with TradingView |
---|---|---|
💻 Windows Laptop/Desktop | Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11 | ✅ Fully supported via app |
🍏 MacBook / iMac | macOS 10.15+ | ✅ Fully supported via app |
📱 Android / Mobile | Android OS | ❌ Not supported |
Risk Disclaimer
- TrendCharts.in and its associated products, services, software, and tools do not provide any offer or solicitation to buy or sell securities, futures, forex, commodities, or derivatives.
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- TrendCharts is solely involved in the development, sell, resale, and distribution of financial market software, datafeeds, indicators, scanners, and tools.
- All our offerings are intended for testing strategies and educational evaluation only—not for real-money trading.
- Users may utilize the software and tools for paper trading or strategy evaluation only.
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- Past performance (actual or hypothetical) is not indicative of future results.
- Hypothetical or backtested performance may not reflect the impact of actual market conditions.
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Final Note: Trading in financial markets is speculative and may not be suitable for all investors. TrendCharts.in provides various automatic signal setups for Paper Trading & help in Analysis, it is not a “black box” system to be used without careful evaluation. Users must apply their judgment in filtering automated setups, particularly in relation to broader market trends. All trading decisions are solely the responsibility of the individual trader. Trading and investing involve risks, and losses are inevitable, So Kindly use only risk capital and never invest money you cannot afford to lose.
Always remember
my 3R Rule
: If the money
is yours then, risk
, reward
and regret
are solely yours.