Thank you so much for sharing your indicator with us! It is a really great one.
There is still one thing that keeps my head occupied - I can't understand the presence of a level "1.0000". It just doesn't match the information from any of the sources on MM that I have read so far. Is there any problem with that? Thanks a lot, once again, for this great release! Keep up the good work!

The Square is divided by 10 every time.
100'000, 10'000, 1'000, 100, 10, 1, 0.1, 0.01, etc...

The Parameters are divided by 10 every time.
25'000, 2'500, 250, 25, 2.5, 0.25, 0.025. etc...

so far it's the only sequence that makes any sense.

Xard777

Thanks Oneprint, that what I needed to know, makes sense now!

Re my short CAD trade I exited yesterday @ breakeven, it ended up would have hit my target last night for 100 pips, hate that.

AUD has hit the 1/8 @ 78.74
GBP came within 25 pips of the 1/8 and has since fallen over 100 pips

CMC

Hi Vasu,

Please see posts 341,347,352,534,538 or send me a private message

CMC

Hi CMC,

So based on your MM trading style, one buys at 1/8 with 100pips TP, and no SL.

EURUSD just hit 1/8 @ 1.3164.

Am I correct?

WOW.... Xard777.... Is the piccy normal ? Why the writing all cramp together ? Cheeers

Attached Images

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If you go long @ 1.3164 then a stop should be placed @ 1.3154

Xard777

If you have a profit management strategy in place you should also have a loss management strategy as well. Gambling with house money is fantastic except for one little factor - it's no longer the house's money - IT'S YOURS.

The quicker you realise this misconception the quicker you will realise PROFITS and not just 400 pips per month.

Well, what do you think about putting it in this way:

The Square is divided by 10 every time.
80'000, 8'000, 8'00, 800, 80, 8, 0.8, 0.08, etc...

The Parameters are divided by 10 every time.
20'000, 2'000, 200, 20, 2.0, 0.2, 0.02. etc...

Guess that this little modification wouldn't make things less "fractal" then they were in the original Murrey Math theory. On the other hand, numbers that can be represented as 8 * 10 pow N can be easily divided into smaller 8ths, so that the square will probably look neater. Don't forget the fact the the current lenght of the square in time can be represented as 8 * 8 = 64. I am going to experiment with this a little later...

Hope that you find any use for this idea. Thanks again for your great work!

I'm impressed...

Xard777

Attached Images

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The file you posted, the display does not come out like your charts - missing the banner at the bottom.