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Re: MURREY MATH lines

by: sizabici
Thanks sizabici, But Can you please explain to me this "negative" picture? yes... that is how one should not trade! Emotional trades will always lead to results like that. How many accounts we need to blow up?! before awakening! And maybe I am not good to recover that lose, but I may try....

Re: MURREY MATH lines

by: sizabici
tuanvuong wrote: Tue Dec 29, 2020 1:10 pm

Why do you use 200 period for MM line?
IMO, I use 60 period (H1) fix MML for lower TF (M5) trading
The Murrey`s levels with the P=200 parameter reacts on changes faster, but they are reconstructed much less often than with P=64 parameter and gives the bigger width of the range.