Murray Lines is a free mt4 (Metatrader 4) Forex indicator that can be used for both trade entry and exit or as an additional digital filter for other strategies and systems.
The indicator appears in the main MT4 chart window and is very reliable, lightweight, and will not slow down your trading platform.
The indicator works equally well on all currency pairs (majors, minors and exotic) and shows promising results if used correctly.
Free Download
Download the “Murray Lines.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The chart below displays the Murray Lines indicator in action on the trading chart.
After you downloaded and installed the indicator (mq4 or ex4 format) to the trading platform, it should look like the image as shown above.
Trading Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Murray Lines Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Indicator type: Trend analysis
Repaint? No.
