The Murrey Math Line X Indicator for MT4 is a powerful tool that uses pivot-based levels to reveal hidden support and resistance zones on a chart. It automatically draws eight key horizontal lines, each representing a potential reversal or breakout zone.
These Murrey Math levels act as market balance points, allowing traders to identify the most probable price reaction zones. You can use it as a standalone indicator or combine it with other tools like Fibonacci retracement, Bollinger Bands, or moving averages for better signal confirmation.
The indicator plots eight core lines labeled from 0/8P to 8/8P, with an option to display five additional sub-levels for finer precision. Each line has its own trading significance:
Level
Meaning
Description
0/8P & 8/8P
Ultimate Support/Resistance
The strongest levels where price rarely breaks through. Excellent reversal zones.
2/8P & 6/8P
Major Reversal Points
Strong support and resistance zones ideal for swing entries.
3/8P & 5/8P
Range Boundaries
Represent the upper and lower limits of the average trading range. Price often oscillates here.
4/8P
Central Pivot
The most powerful Murrey Math level. Acts as equilibrium; breaking above or below this line offers high-probability trade setups.
The indicator provides a structured framework for identifying where price might reverse, break out, or consolidate.
Wait for price to touch or bounce from a strong support line, such as 0/8P, 2/8P, or 4/8P.
Confirm reversal with bullish price action, like a hammer or bullish engulfing pattern.
Enter a buy trade after confirmation.
Stop Loss: just below the next lower Murrey level.
Take Profit: near the next higher resistance level (for example, from 2/8P to 4/8P).
Wait for price to reach a key resistance, such as 6/8P, 7/8P, or 8/8P.
Confirm with bearish candlestick patterns or momentum divergence.
Enter a sell trade when price closes below that resistance.
Stop Loss: above the next higher Murrey level.
Take Profit: near the next lower support line.
In the example below, the EUR/GBP chart shows how price reacts strongly near the 3/8 and 4/8 lines:
The 4/8P line formed a major resistance for the broader trend.
The 3/8P line acted as short-term resistance for smaller swings.
Similarly, 1/8P and 2/8P served as reliable pivot points during reversals.
This behavior confirms how Murrey Math lines effectively highlight zones of market reaction, allowing traders to time entries with precision.
Identifies hidden support and resistance levels
Works well across all MT4 timeframes
Offers structured pivot levels for trade planning
Helps in detecting breakouts and reversals
Complements any trading strategy or system
The Murrey Math Line X Indicator for MT4 is one of the most versatile support and resistance tools available for Forex traders. By using mathematically calculated Murrey levels, it helps you pinpoint key turning points, entry zones, and profit targets with high accuracy.
Simply buy and sell when the price interacts with major Murrey lines — especially 4/8P, 2/8P, and 6/8P — and always confirm with price action or another indicator.
📥 Download the Murrey Math Line X Indicator for MT4 for free and start identifying high-probability reversal levels today.
Published:
Nov 11, 2025 11:49 AM
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