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Murray Math Levels several oktavs

This indicator calculates and displays Murrey Math Lines on the chart. 

The differences from the free version:

It allows you to plot up to 4 octaves, inclusive (this restriction has to do with the limit imposed on the number of indicator buffers in МТ4), using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths.

It produces the results on historical data. A publicly available free version with modifications introduced by different authors, draws the results on history as calculated on the current bar, which prevents it from being used for accurate analysis of the price movement in the past and complicates determination of the possible direction of the price at the current price range. There are versions that show values based on history but I don't know how accurate they are.

The calculated values can be obtained from indicator buffers using the iCustom() function:

  • indicator line with 0 index contains line 4/8 of the octave set by the Р0 variable value selected on a time frame set by the BaseTF_P0 variable with the selection criterion specified by the BaseMGTD_P0 variable.
    Obtaining the value of this level on the zero bar: double p0_4_8 = iCustom(NULL,0,"ivgMMLevls",..list of parameters..,0,0);
    On the previous bar (number N): double p0_4_8_prev = iCustom(NULL,0,"ivgMMLevls",..list of parameters..,0,N); 
  • indicator line with index 1 contains the grid step of the same octave.
    Obtaining the value of this level on the zero bar: double p0_step = iCustom("ivgMMLevls",..list of parameters..,1,0); 
    On the previous bar (number N):  double p0_step_prev = iCustom("ivgMMLevls",..list of parameters..,1,N);   

A similar approach is used to access data of the other octaves:

  • indicator line with index 2 - line 4/8, for octave Р1
  • indicator line with index 3 - grid step, for octave Р1
  • indicator line with index 4 - line 4/8, for octave Р2
  • indicator line with index 5 - grid step, for octave Р2
  • indicator line with index 6 - line 4/8, for octave Р3
  • indicator line with index 7 - grid step, for octave Р3

This is for those who want to use these levels in Expert Advisors.

An example of the script that obtains data for octave Р0 on the zero bar:

input string s0="Latest Bar Number to calculate >= 0 ";
input int StepBack = 0;
input string s01="Culc Oktavs Count - max 4";
input int _pCNT =  4;
input string s1="History Bars Count";
input int BarsCNT =  150;
input string s2 = "Parameters group for configuring";
input string s20 = "Murray Math Diapazone new search algorithm";
input string s21 = "!!! If you are unsure, do not change these settings !";
input int P0 =    8;
input int P1 =   16;
input int P2 =   32;
input int P3 =  128;
input int BaseTF_P0    = 60;
input int BaseTF_P1    = 60;
input int BaseTF_P2    = 60;
input int BaseTF_P3    = 60;
input int BaseMGTD_P0 =  1;
input int BaseMGTD_P1 =  1;
input int BaseMGTD_P2 =  1;
input int BaseMGTD_P3 =  1;
input string s22 = "**** End Of Parameters group for configuring *** ";
input string s3 = "Line Colors adjustment";    
input color  mml_clr_m_2_8 = White;       // [-2]/8
input color  mml_clr_m_1_8 = White;       // [-1]/8
input color  mml_clr_0_8   = Aqua;        //  [0]/8
input color  mml_clr_1_8   = Yellow;      //  [1]/8
input color  mml_clr_2_8   = Red;         //  [2]/8
input color  mml_clr_3_8   = Green;       //  [3]/8
input color  mml_clr_4_8   = Blue;        //  [4]/8
input color  mml_clr_5_8   = Green;       //  [5]/8
input color  mml_clr_6_8   = Red;         //  [6]/8
input color  mml_clr_7_8   = Yellow;      //  [7]/8
input color  mml_clr_8_8   = Aqua;        //  [8]/8
input color  mml_clr_p_1_8 = White;       // [+1]/8
input color  mml_clr_p_2_8 = White;       // [+2]/8
input string s4 = "Line thickness adjustment";  
input int    mml_wdth_m_2_8 = 2;        // [-2]/8
input int    mml_wdth_m_1_8 = 1;        // [-1]/8
input int    mml_wdth_0_8   = 2;        //  [0]/8
input int    mml_wdth_1_8   = 1;        //  [1]/8
input int    mml_wdth_2_8   = 1;        //  [2]/8
input int    mml_wdth_3_8   = 1;        //  [3]/8
input int    mml_wdth_4_8   = 2;        //  [4]/8
input int    mml_wdth_5_8   = 1;        //  [5]/8
input int    mml_wdth_6_8   = 1;        //  [6]/8
input int    mml_wdth_7_8   = 1;        //  [7]/8
input int    mml_wdth_8_8   = 2;        //  [8]/8
input int    mml_wdth_p_1_8 = 1;        // [+1]/8
input int    mml_wdth_p_2_8 = 2;        // [+2]/8
input string s5 = "Font adjustment";  
input int    dT = 7;
input int    fntSize  =  7;
input string s6 = "Latest Bar Marker adjustment";  
input color  MarkColor   = Blue;
input int    MarkNumber  = 217;

int start()
{
    double p0_4_8 = iCustom(NULL,0,"ivgMMLevls",
    s0,StepBack,s01,_pCNT,s1,BarsCNT,
    s2,s20,s21,P0,P1,P2,P3,BaseTF_P0,BaseTF_P1,BaseTF_P2,BaseTF_P3,
    BaseMGTD_P0,BaseMGTD_P1,BaseMGTD_P2,BaseMGTD_P3,s22,
    s3,
    mml_clr_m_2_8,mml_clr_m_1_8,mml_clr_0_8,mml_clr_1_8,mml_clr_2_8,mml_clr_3_8,
    mml_clr_4_8,
    mml_clr_5_8,mml_clr_6_8,mml_clr_7_8,mml_clr_8_8,mml_clr_p_1_8,mml_clr_p_2_8,
    s4,
    mml_wdth_m_2_8,mml_wdth_m_1_8,mml_wdth_0_8,mml_wdth_1_8,mml_wdth_2_8,mml_wdth_3_8,
    mml_wdth_4_8,
    mml_wdth_5_8,mml_wdth_6_8,mml_wdth_7_8,mml_wdth_8_8,mml_wdth_p_1_8,mml_wdth_p_2_8,
    s5,dT,fntSize,s6,MarkColor,MarkNumber,
    0,0); 
    double p0_step = iCustom(NULL,0,"ivgMMLevls",
    s0,StepBack,s01,_pCNT,s1,BarsCNT,
    s2,s20,s21,P0,P1,P2,P3,BaseTF_P0,BaseTF_P1,BaseTF_P2,BaseTF_P3,
    BaseMGTD_P0,BaseMGTD_P1,BaseMGTD_P2,BaseMGTD_P3,s22,
    s3,
    mml_clr_m_2_8,mml_clr_m_1_8,mml_clr_0_8,mml_clr_1_8,mml_clr_2_8,mml_clr_3_8,
    mml_clr_4_8,
    mml_clr_5_8,mml_clr_6_8,mml_clr_7_8,mml_clr_8_8,mml_clr_p_1_8,mml_clr_p_2_8,
    s4,
    mml_wdth_m_2_8,mml_wdth_m_1_8,mml_wdth_0_8,mml_wdth_1_8,mml_wdth_2_8,mml_wdth_3_8,
    mml_wdth_4_8,
    mml_wdth_5_8,mml_wdth_6_8,mml_wdth_7_8,mml_wdth_8_8,mml_wdth_p_1_8,mml_wdth_p_2_8,
    s5,dT,fntSize,s6,MarkColor,MarkNumber,
    1,0); 
    Print("p0_4_8 = ",DoubleToStr(p0_4_8)," | p0_step = ",DoubleToStr(p0_step));
    return(0);
}

To simplify the operation of the indicator, the number of bars of history is limited - the BarsCNT parameter.

 To analyze the behavior of the indicator over the history in the manual mode, there is a shift parameter StepBack, which allows you to draw the specified number of indicator values not only from the current bar (with 0 number).

Attention! This version of the indicator features an improved selection of ranges for plotting octaves.

By default, the indicator is set with minimal differences from the basic calculation algorithm for intraday trading with lines drawn over the hourly range, which allows you to properly use it for all intrahourly ranges. If it is necessary to use the indicator on senior time frames, the current chart time frame will be selected automatically. Alternatively, you can manually set the desired time frame, being higher than the current chart time frame.

Please modify the default parameters only if you know exactly what you are doing. The default parameters should be optimal for most trading strategies.

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Dynamic Forex28 Navigator: la herramienta de trading de Forex de última generación. ACTUALMENTE CON UN 49 % DE DESCUENTO. Dynamic Forex28 Navigator es la evolución de nuestros indicadores populares de larga data, que combina el poder de tres en uno: Indicador avanzado Currency Strength28 (695 reseñas) + Indicador avanzado Currency IMPULSE con ALERT (520 reseñas) + Señales combinadas CS28 (bonificación). Detalles sobre el indicador https://www.mql5.com/en/blogs/post/758844 ¿Qué ofrece el i
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Ivan Stefanov
5 (3)
ENIGMERA: El núcleo del mercado https://www.enigmera.com Introducción Este indicador y sistema de negociación es un enfoque extraordinario de los mercados financieros. ENIGMERA utiliza los ciclos fractales para calcular con precisión los niveles de soporte y resistencia. Muestra la auténtica fase de acumulación y proporciona dirección y objetivos.  Un sistema que funciona tanto si estamos en una tendencia como en una corrección.  ¿Cómo funciona? ENIGMERA consta de tres líneas: la línea de s
¡Actualmente 20% OFF ! ¡La mejor solución para cualquier novato o trader experto! Este software funciona con 28 pares de divisas. Se basa en 2 de nuestros principales indicadores (Advanced Currency Strength 28 y Advanced Currency Impulse). Proporciona una gran visión general de todo el mercado de divisas. Muestra los valores de Advanced Currency Strength, la velocidad de movimiento de las divisas y las señales para 28 pares de divisas en todos los (9) marcos temporales. Imagine cómo mejorar
Currently Price 20% OFF ( for unlimited use )   BONUS  AUX VIP Club 2024 : Include  EA Airbag  and  Load Data History  to enhance the performance of this tool to its maximum potential  Click Here to Download Files   ( for users only )   Hello World! Introducing.. SMCpro VIP tool and Indicator for MetaTrader 4, designed to revolutionize your trading experience with the ICT Smart Money Concept. This system is meticulously crafted to empower traders with advanced insights and precision in
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Aleksandr Makarov
5 (2)
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!   The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the oppo
Indicador único que implementa un enfoque profesional y cuantitativo para el comercio de reversión a la media. Aprovecha el hecho de que el precio se desvía y vuelve a la media de manera predecible y medible, lo que permite reglas claras de entrada y salida que superan ampliamente las estrategias comerciales no cuantitativas. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Señales comerciales claras Sorprendentemente fácil de operar Colores y tamaños personalizable
Presentamos ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicador avanzado diseñado para detectar diversas formas de patrones en el mercado mediante métodos tanto manuales como automáticos. A continuación, te explicamos cómo funciona: Patrones Armónicos: Este indicador puede identificar patrones armónicos que aparecen en tu gráfico. Estos patrones son esenciales para los traders que practican la teoría del trading armónico, tal como se popularizó en el libro de Scott Carney "Harmonic Tradi
Alright. This indicator works on MT4 and is very easy to use. When you receive a signal from it, you wait for that candle with the signal to close and you enter your trade at the beginning of the next new candle. A red arrow means sell and a green arrow means buy. All arrows comes with Popup Alert like for easy identification of trade signal. Are you okay with that?   100% non repaint Work All Major currency  Pair,  1 minute time frame 1 minute expire
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Gann Swing Structure
Kirill Borovskii
5 (1)
This indicator is based on the mathematics of the great trader W.D. Ganna. With its help, you can easily find strong levels by analyzing swings to find the optimal entry point. The indicator works on all instruments and all timeframes. The indicator is fully manual and has control buttons. All you need to do is press the NEW button, a segment will appear, which you can place on any movement, swing or even 1 candle that you want to analyze. By placing the segment, press the OK button. A grid (th
MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for tho
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
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Sergey Khramchenkov
5 (2)
In the "Masters of Risk" trading system, one of the main concepts is related to places where markets change direction. In fact, this is a change in priority and a violation of the trend structure at the extremes of the market, where supposedly there are or would be stop-losses of "smart" participants who are outside the boundaries of the accumulation of volume. For this reason, we call them "Reversal Patterns" - places with a lot of weight for the start of a new and strong trend. Some of the imp
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Alexey Minkov
4.48 (27)
The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market analysis. All-in-One
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
El sistema de comercio Double Trend es un sistema de comercio independiente que consta de varios indicadores. Determina la dirección de la tendencia general y da señales en la dirección del movimiento de precios. Se puede utilizar para operaciones de especulación, intradía o intrasemanal. Posibilidades Funciona en cualquier marco temporal e instrumento comercial (Forex, criptomonedas, metales, acciones, índices). Lectura visual sencilla de información sin cargar un gráfico. El indicador
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
PZ Day Trading
PZ TRADING SLU
3.67 (3)
Este indicador detecta reversiones de precios en forma de zig-zag, utilizando solo análisis de acción de precios y un canal donchian. Ha sido diseñado específicamente para el comercio a corto plazo, sin repintar ni pintar en absoluto. Es una herramienta fantástica para comerciantes astutos con el objetivo de aumentar el tiempo de sus operaciones. [ Guía de instalación | Guía de actualización | Solución de problemas | FAQ | Todos los productos ] Increíblemente fácil de comerciar Proporciona
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Señal de Bomb Bank: su indicador de confianza en MetaTrader 4 Bomb Bank Signal es un poderoso indicador para MetaTrader 4, diseñado para identificar las tendencias más relevantes en el mercado financiero. Si buscas una herramienta que anticipe los movimientos con precisión, el Bomb Bank es el aliado que necesitas. Cómo funciona: Este indicador combina tres métodos distintos (análisis de volumen, cierre de velas y tendencia simétrica) para detectar y señalar oportunidades de compra y venta
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The indicator draws trend lines based on Thomas Demark algorithm. It draws lines from different timeframes on one chart. The timeframes can be higher than or equal to the timeframe of the chart, on which the indicator is used. The indicator considers breakthrough qualifiers (if the conditions are met, an additional symbol appears in the place of the breakthrough) and draws approximate targets (target line above/below the current prices) according to Demark algorithm. Recommended timeframes for t
This indicator calculates and displays Murrey Math Lines on the chart. This MT5 version is similar to the МТ4 version: It allows you to plot up to 4 octaves, inclusive, using data from different time frames, which enables you to assess the correlation between trends and investment horizons of different lengths. In contrast to the МТ4 version, this one automatically selects an algorithm to search for the base for range calculation. You can get the values of the levels by using the iCustom() funct
Классификатор силы тренда. Показания на истории не меняет. Изменяется классификация только незакрытого бара. По идее подобен полной системе ASCTrend, сигнальный модуль которой, точнее его аппроксимация в несколько "урезанном" виде, есть в свободном доступе, а также в терминале как сигнальный индикатор SilverTrend . Точной копией системы ASCTrend не является. Работает на всех инструментах и всех временных диапазонах. Индикатор использует несколько некоррелируемых между собой алгоритмов для класси
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Versión 1.1 2022.02.03
Перекомпилирован под терминал 1353 от 16.12.2021