Murrey Math FixPeriod - MetaTrader 5 Script - MT4/MT5 Resources
This version of Murray Lines can be constructed for any chart bar and allows to clearly see the behavior of the market in relation to the indicator levels of each bar. Obviously, this indicator is most useful when analyzing strategies in offline mode.
Another advantage of this indicator is that the chart period input variable for Murray line calculation can be fixed with the help of time frame. Therefore, by changing the chart period of a financial instrument, we can use a set of Murray lines belonging to a defined time frame.
Place the Murrey_Math indicator compiled file into terminal_data_folder\MQL5\Indicators\.
Attachment download
📎 murrey_math.mq5 (15.67 KB)
📎 murrey_math_fixperiod.mq5 (15.33 KB)
Source: MQL5 #605
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