Math-System Indicator for Predicted-Price Support and Resistance Levels
Article MQL5 code base
Summary
The Math-System indicator presents a set of target support and resistance levels for an anticipated price move. The document points readers to related Murrey Math indicators, placing this tool in a family of chart-based level systems.
It states that the indicator was first implemented in MQL4 and published in 2008. No formula, parameter guidance, market examples, validation, or trading rules are provided, so the description does not show how the levels are calculated or whether they have predictive value. It is best understood from this text as a brief indicator overview rather than evidence for a standalone strategy.
Key ideas
- The indicator displays target support and resistance levels for a predicted price movement.
- It is related to other Murrey Math support and resistance tools.
- The document provides no calculation details or evidence of predictive performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.