Murry Math

[MP Wizard]

anyone interested in starting a forum for Murry Math

[FLX]

You have to watch your self w/ MM. Your better off using pivots and trend lines. Some formula are not accurate at all and must be avoided at all cost.
They change to much through out the day, and give a false readings. There is only one that works and it is for forex that i have on file. The Guy is gone now so i can not give you his address. FLX

[walterw]

yea, I did try it, it gives false signals, it moves :rolleyes: .... Floor traders pivots, mP levels dont move... more robust aproach... even Dynamic levels (bands) are more reliable.... thought since I am on this forum I am learning to strongly capitalize from mp levels (value areas)... they are incredible¡¡¡ cheers Walter

[MP Wizard]

Thanks, FLX but you must have the wrong MM. Mine does not change anytime during the day. You need to uncheck UPDATE EVERY TICK. By the way you must not know to much about MP because the VALUE AREAS move all day long also. So how can you make a statement like that. My MM stays just as steady as it can on the right side of my page.

[walterw]

Mp : about moving Value areas... you probably are using a dynamic real time value area wich its not much reliable... most TL traders use previous days Value Areas, so they are fixed levels.... I get them myself on this site Daily Notes for Day Traders | Pivot Points for Index Futures and more , about MM It depends wich version you use, I did use one that would at certain point re-adjust entirely and what was a "pivot" would not be it any more... depends I believe on what verion of MM you are.... cheers Walter.

[MP Wizard]

You need to get a developing value area program to trade MP to see dva.

[walterw]

I have one but dont use it anymore... found out its better using fixed levels from yesterday session...

[TinGull]

MP Wizard, the developing value area holds no value during the day it's being formed. MP traders will trade on the value area of the previous day because that is the value that has been established. Things can't be established if they are still in the process of moving. Check out Mind Over Markets. It's the best MP book out there. All of my trades are strictly based on Market Profile.

[FLX]

The indicators in trade station do work but, only on a 60 min chart which i dont use at this time. I like to have the pivot on my tick charts that is the problem.
I creat my own pivot levels with several formulas which i place on a sheet before the market opens and they know the major buy and sell area in advance. The main thing it tell me if it is a buy or sell day before the market open.

Today you did not have to look very far to know what the market would do all you had to do is look at the trin and the currencies to determine direction!

[FLX]

I have checked the Russell and the mm is right on, the dow it does not work so well and the SP i give it a 70% for pivot accuracy using the muerry math levels on a 60 minite chart unless your have a better MM indicator. Flx

I will watch it for a few days on the russell this might be very interesting!