Murrey Math Trading ELD Code

[HBBHVN 10]

Hi Guys !

 

I thinh it's very useful and here is ELD Code

 

http://www.murreymath.com/

 

Pls help me to write code for RadarScreen to display like below.

 

Thanks !!

MURREYMATH.ELD

[bakrob99 11]

I attended the Webinar held by Murrey Math last night. It is fascinating in its approach. Intersting stuf to put the above ELD file on the VIX and look for changes in direction keyed off the Murrey numbers every 4 days.

 

In the attached file on a daily basis the VIX closed above the recent High of the lowest bar indicating strength. This means its safe to SHORT the S&P on the Close of trading that day. Doing so would have provided very little heat and given an MFE of around 25 S&P pts or $1250 per emini contract.

 

Four (trading) days later ... on July 9th the VIX closed strongly below the Low of the Highest Bar indicating weakness. A LONG entry on tghe close of trading on that day would have resulted in an entry on the S&P at around 880 which has so far had an MFE of over 50 PTS or $2500 per contract.

 

Perhaps this could be better played with Options?

 

Looking at the Murrey Numbers ... the VIX bounced off the 0/8 harmonic and went to the 5/8 harmonic as expected. ENtries at these places would have been even better.

 

I do NOT know what this stuff is ... but I am watching it.

[xcalibur 10]

I have been using MM and Gann Octaves for the last 3 years. They are incredible and can be used in any market, any instrument, any time period. I don't use any other tools, no moving averages, no stochastic, no RSI, not B Bands, nothing but a Trade Line. Phenomenal returns when combined with options.