Nanda86

Murrey Math Lines with labels

updated the script from @ceyhun and added labels for reference...

For high probability setup pair it with higher timeframe (30 min, 60 min) and 5 min for support and resistance and use price action to go long or short... For more info on how to trade these lines you can search forexfactory . It is uncanny how these lines react to prices. Need to explore more on this subject...
Release Notes: Added alerts "When price crosses any MM levels" and also added alert when octaves changes during the course of the day and other minor code updates..

Release Notes: Updated for memory error..
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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