The Murrey Math Time Frame Indicator for MT4 is a technical tool that divides the price chart into eight equal increments, creating nine pivot points ranging from 0/8 to 8/8. These levels provide traders with key support and resistance zones, as well as overbought and oversold conditions, enabling precise entry and exit decisions.
The nine main pivot points in Murrey Math are as follows:
+2/8 – Extreme Overshoot
+1/8 – Overshoot
8/8 – Ultimate Resistance
7/8 – Weak, Stall, & Reverse
6/8 – Pivot, Reverse – Major
5/8 – Top of Trading Range
4/8 – Major Support/Resistance
3/8 – Bottom of Trading Range
2/8 – Pivot, Reverse – Major
1/8 – Weak, Stall, & Reverse
0/8 – Ultimate Support
-1/8 – Overshoot
-2/8 – Extreme Overshoot
These levels help traders identify where price is likely to reverse or continue, providing a clear framework for trade planning.
When price reaches 0/8 to -2/8, the market is considered oversold.
Traders can anticipate a reversal of a downtrend and look for buy opportunities.
Additional confirmation from other indicators or support/resistance levels improves accuracy.
When price reaches 8/8 to +2/8, the market is considered overbought.
Traders can expect a downward reversal and look for sell opportunities.
Confirm signals using other technical indicators or resistance levels for better timing.
Provides multiple pivot points for trading across different timeframes
Highlights overbought and oversold conditions for reversal opportunities
Identifies key support and resistance levels for entry and exit points
Complements other technical indicators to improve trade accuracy
Suitable for intraday, swing, and long-term trading strategies
Free to download and easy to install on MT4
Enhance your MT4 trading with the Murrey Math Time Frame Indicator. Download it for free from IndicatorForest.com and start using pivot points to time your buy and sell trades effectively.
Published:
Nov 21, 2025 01:04 AM
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