Murrey Math Calculator for Excel

enter your values here

High 4121.00 Scale Frame 10000 Frame Hgt 8
Low 4016.00 Scale Interval 19.531 Frame Intvl 19.531
** WARNING, Your high and low are reversed **
bMML mMML MMML MML
Frame MMI's 19.53125 156.25 1250 1250 1250 10000
1 = #DIV/0! 4218.75 5000 4 = 5000
+2/8 4179.69 2.7500288 3.3437536
+1/8 4160.16 2.6250304 3.3281288
8/8 4140.63 2.500032 3.312504
7/8 4121.10 2.3750208 3.2968776
6/8 4101.57 2.2500224 3.2812528
5/8 4082.04 2.125024 3.265628
4/8 4062.50 2.0000256 3.2500032
3/8 4042.97 1.8750272 3.2343784
2/8 4023.44 1.7500288 3.2187536
1/8 4003.91 1.6250304 3.2031288
0/8 3984.38 1.500032 3.187504
-1/8 3964.85 1.3750336 3.1718792
-2/8 3945.32 1.2500352 3.1562544
3906.25 3750 3 = 3750

The formulas -- Came from Murrey's book and Tim Kruzels notes
There may be occasions where these formulas do not work!!!! This spreadsheet is ** UNDER DEVELOPMENT **
and is ** NOT WARRANTED TO PRODUCE ACCURATE RESULTS, USE OF THIS SPREADSHEET IS AT
YOUR OWN RISK **. Brian McMullan, © Dec 1999, [email protected]

Step 0
Table 1 High Low Step 1
250000 25000 100000
25000 2500 10000 10000 10000 Step 2
2500 250 1000
250 25 100
25 12.5 12.5 Step 3
12.5 6.25 12.5
6.25 3.125 6.25
3.125 1.5625 3.125
1.5625 0.390625 1.5625
0.390625 0 0.1953125

** WARNING, Your high and low are reversed **

** WARNING, This does not scale data < 25 properly yet, results may be invalid! **
** WARNING, This does not handle frame transitions correctly yet **
** WARNING, Calc'd Octave is smaller than a bMML ** Step 4
** ERROR: Price high is larger than +2/8th line!

Warning/Error Msg Selection

h/l reverse
scale prob
transition
sub octave 4
High > 2/8 Step 5

Msg Sel ** WARNING, Your high and low are reversed **

** WARNING, Calc'd Octave is smaller than a bMML **
** WARNING, Calc'd Octave is smaller than a bMML **
** WARNING, Calc'd Octave is smaller than a bMML **
** WARNING, Calc'd Octave is smaller than a bMML **
** WARNING, Calc'd Octave is smaller than a bMML **
Step 6
0 = #DIV/0!
 version 1.3 Dec 1999
** for demonstration purposes only **
** output is NOT guaranteed **

uzels notes
UNDER DEVELOPMENT **
PREADSHEET IS AT

Scale the data if needed

Excel formulas not up to this task - darn!

Real High 4121.00

Real Low 4016.00
PriceRange 105.00

Identify the Scale Factor

Scale Frame (frm, tbl 1) 10000

Determine the MMI that the square in time will be built from
RangeMMI
Octave 1 - MMML 1250 0.084 1
Octave 2 - mMML 156.25 n/a 2
Octave 3 - bMML 19.53125 n/a 3
Octave 4 - bMML^1 2.44140625 n/a
Octave 5 - bMML^2 0.305175781 n/a
Octave 6 - bMML^ 3 0.038146972 n/a
RangeMMI (pick > 1.25) 5.376
Octave Count 3

Determine Height of square in time

Table 2
1.25 < RangeMMI < 3.0 0 (0,2) (1,3) …. (6,8) (7,1)
3.0 <= RangeMMI < 5.0 0 (0,4) (2,6) (4,8) (6,2)
5.0 <= RangeMMI 8 (0,8) (4,4)

Height of Square (frm tbl 2) 8 bMML's

Scale Interval 19.53125

Find Bottom of Square in Time

Calc for each MML, but choose the Octave Count one
MMML (Octave = 1) 4016.00 3 3750.000
mMML (Octave = 2) 266.000 1 3906.250
bMML (Octave = 3) 109.750 5 4003.906
bMML^1 (Octave = 4) 12.094 4 4013.672
bMML^2 (Octave = 5) 2.328 7 4015.808
bMML^3 (Octave = 6) 0.192 5 4015.999
Base _ML 5
Bottom of Square in Time 4003.906 on the 5/8 th's bMML's

Frame Height 156.25

Adjusted Height of Square

Find the best Square

if Height is 2, check best fit, one below and one above

bot top Error 51.25
Best fit, one with low error 4 3984.375 4140.625 51.250 1.00
5 4003.906 4160.156 51.250 2.00
6 4023.437 4179.687 66.124 0.00
Octave Count = 2 Final 4003.906 4160.156 2.00

if Height is 4, make sure on (0,4) (2,6) (4,8) (6,2) (eg must start on even)
bot top Error 26.9
0 3906.250 3984.375 246.375 0.0
2 3945.313 4023.438 168.250 0.0
4 3984.375 4062.500 90.125 0.0
6 4023.438 4101.563 26.875 4.0
0 3906.250 3984.375 246.375 0.0
Octave Count = 4 Final 4023.438 4101.563 4.0

if Height is 8, make sure on 0,8 or 4,4 boundary

bot top Error 51.3
Best fit, one with low error 0 3906.250 4062.500 168.250 0.0
4 3984.375 4140.625 51.250 2.0
0 4062.500 4218.750 144.250 0.0
Octave Count = 8 Final 3984.375 4140.625 2.0

Best Square Results SqInTime bot top +2/8th

Final bot and top of square 8 3984.375 4140.625 4179.688
1/8 line height 19.531

Double Check Best Square

Is price high > 2/8th line SqInTime No +2/8th
If yes, force SqInTime = 4 8 3984.375 4140.625 4179.688
19.531

4121.00
 Frames
Given a value N, where is it inside frame F? 100000
10000
Where in Frame = WIF = (( n / f ) - Int( n / f)) * 8 1000
integer part tells which frame it is in 100

Next best lower and higher "natural" frame line for number

lower int( n / f ) * f + int(wif) * ( f / 8 )

higher int( n / f ) * f + (int(wif)+1) * ( f / 8 )

Example N F WIF Lower Higher

433 1000 3.464 3 = 375 4 = 500
800 1000 6.4 6 = 750 7 = 875
3249 1000 1.992 1 = 3125 2 = 3250
3251 1000 2.008 2 = 3250 3 = 3375
11333 10000 1.0664 1 = 11250 2 = 12500

==============================================================================

"Waist" of price in candlestick

avg of open and close

open 1298.06
high 1342.47
low 1298.06
close 1342.43
Waist = 1320.25