The Math Lines Indicator is based on the Murrey Math concept and is designed to identify key support and resistance levels. Both major and minor levels are computed. These lines are computed using both the current price level as well as the recent price range. The user dictates the period used to compute the recent price range in the Math Lines preferences. The major levels are drawn in blue and labelled as 0/8, 1/8, 2/8, 3/8, 4/8, 5/8, 6/8, and 7/8. The minor levels are drawn using gold for levels 1 & 7, pink for 2 & 8, green for 3 & 5, and blue for 4.

To read more in-depth detail on the Murrey Math Lines Indicator, Go to: http://blog.bigmiketrading.com/2009/06/murrey-math-in-more-detail.html