Understanding MM levels

There seems to be a lot of confusion on how to trade these MM levels....lemme just introduce to you what these MM levels are at a high level...and believe me, this is all that u need to know about the MM levels if you are going to trade using PA and MM levels...

Murray Maths tries to divide everything into octaves (i.e. by 8)...whether it is price or time or whether it is forex or stocks or whatever...everything is divided by 8.. So what the MM indicator does is basically divide 2 important price points (at swing lows and highs) into octaves. This leads to 8 levels which are called the MM levels. These are the standard MM levels. Apart from this , these can be extended further in both sides to form the overshoot levels....In fact, you can keep extending these levels on either side for as long as you want.

Just as in fibs, the amazing point here is that the price seems to respect these MM levels as points of SR. How or why, i really dont know but we know that it does.

There are 2 points of confusion here : one is the fact that the MM levels change with the TF that the chart is in and two, the MM levels seem to repaint. Heres why :

As the MM levels are calculated based on swings in the current timeframe, the swing in each timeframe would be different. The swing in a daily chart would be much bigger than the swing in a 5M chart. Thats why the MM levels differ according to the TF of the chart. The MM levels, irrespective of the TF that they r calculated in, do act as SR points but the MM levels in lower TFs are weaker than the ones in higher TFs. In other words, you can be sure that the price would respect the 4/8 MM level in a daily chart much more than it would in the 5M chart.

Next question is, does the indicator repaint? Yes and No. Since the MM levels are calculated based on price swings, as long as the price continues to swing within the 2 points with which the levels were calculated, the MM levels wont change. But if on any day, there has been very less or very high volatility which has caused price to swing much less or much more than the normal swing, then the swing points would have changed and hence the MM levels would need to be recalculated. Thats why i make it a point to close and open my charts atleast once a day especially if on that day, the price had swung very less or a lot more.

Hope this is clear.