Scribd
Upload
170 views

MurreyMathCalculator, Version 1.3 (Dec 1999)

This document provides information on the Murrey Math Calculator for Excel, including: - Instructions for entering values into the calculator for demonstration purposes. - An explanation of the frame and interval scales used in the calculator output. - Formulas for determining the lower and higher "natural" frame lines that a given number would fall between. - An example demonstrating how to use the frame scale and formulas to determine what frame and lines a number is between. - A brief explanation of calculating the "waist" or average of the open and close prices of a candlestick.

Uploaded by

nikesh_prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
170 views

MurreyMathCalculator, Version 1.3 (Dec 1999)

This document provides information on the Murrey Math Calculator for Excel, including: - Instructions for entering values into the calculator for demonstration purposes. - An explanation of the frame and interval scales used in the calculator output. - Formulas for determining the lower and higher "natural" frame lines that a given number would fall between. - An example demonstrating how to use the frame scale and formulas to determine what frame and lines a number is between. - A brief explanation of calculating the "waist" or average of the open and close prices of a candlestick.

Uploaded by

nikesh_prasad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 3

Murrey Math Calculator for Excel version 1.

3 Dec 1999
enter your values here ** for demonstration purposes only **
High 1092.00 Scale Frame 1000 Frame Hgt 4 ** output is NOT guaranteed **
Low 1085.00 Scale Interval 1.953 Frame Intvl 0.977

bMML mMML MMML MML


Frame MMI's 1.953125 15.625 125 125 125 1000
1109.375 1125 1 = 1125
+2/8 1095.70 0 1 6.125 0.765625
+1/8 1094.73 4 6.0625 0.7578125
8/8 1093.75 0 0 6 6 6 0.75
7/8 1092.77 4 5.9375 0.7421875
6/8 1091.80 0 7 5.875 0.734375
5/8 1090.82 4 5.8125 0.7265625
4/8 1089.84 0 6 5.75 0.71875
3/8 1088.87 4 5.6875 0.7109375
2/8 1087.89 0 5 5.625 0.703125
1/8 1086.91 4 5.5625 0.6953125
0/8 1085.94 0 4 5.5 0.6875
-1/8 1084.96 4 5.4375 0.6796875
-2/8 1083.98 0 3 5.375 0.671875
1078.125 1000 0 = 1000
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
==============

You might also like