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I have a great Murrey Math indicator that I've been using in MT4. It can be applied to any time frame chart and it allows the user to define the range for the calculation. I apply it to 1M, 30M, 1H, 4H, and daily charts and then take the 0/8, 3/8, 5/8, and 8/8 levels from each for my basic target and s/r levels. The one minute chart with a 1024 bar count is quite nice for day trading targets. Currently I'm running MT4 just for this one purpose. Would anybody know how to convert the code from MT4 to NT7?
Can you help answer these questions from other members on NexusFi?
I looked at the MQ4 code and although I am not familiar with it I could see that it looks almost identical (to me) to the free MM indicators floating around for NT, all of which do not work correctly as I have posted before.
I will keep searching. I found one indicator from the download section but it was not as good as this one. That one doesn't have an input field where the user can define the space, I think it just provides a daily tf analysis with an unknown default setting. The one I posted gives really precise levels on the one minute chart which is what I use for targets and just keeping the price action relative to something I trust. I will keep looking for an NT7 version that works as well as this one and refer any further comments to the MM thread.
