Dear xard777,
Hi...I am new in this thread. Seem nice to use this indicator as Dolly use it too. Below I quote from article posted by nesalc about MM (in this thread's page#3) :

"1. Sell at 7/8 line, buy back at 4/8 line.
Use stop loss at 8.3201/8 line.

2. Buy at 1/8 line, sell at 4/8 line.
Use stop loss at -0.3201/8 line.

This will work the majority of the time.

These factors will increase the odds:
1. Previous move 5/8 or more.
2. Double/Triple bottom on 1/8 or 7/8 line.
3. Higher low on 1/8, lower high on 7/8"

What does the 8.3201/8 line and -0.3201/8 line mean ? I have inserted #00MurreyMath-TimeFrame indicator but I can't see these lines.

Actually, which version of this MM indicator we must use since there is also a new indicator named #MM-TimeFrame-2007? Why the value of 1/8 to 8/8 line differ between these two indicators for the same timeframe?

Another question, what is the best time frame to use MM indicator?

Thank you for your answers.


Rgds,
Pierre