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MFI Modern PRO

50 USD

Demo downloaded: 980

Published: 23 April 2022

Current version: 1.6

MFI Modern PRO

Name: MFI Modern PRO
Price: 50.00 USD
Rating: 4.923077 (39 reviews)
Author: Davit Beridze

4.92

Indicators
Davit Beridze
Davit Beridze
Georgia

13735
4.7 (151)
Davit Beridze: Indicators That Think for Themselves
The most original indicators on the MQL5 Market. See for yourself.

58 products 10 topics 32 comments
Version: 1.6
Updated: 7 June 2023
Activations: 5

Default settings are just for visualisation, it can not be profitable with it.

Get a Free EA as a Bonus when you Purchase the Indicator! Plus, Receive 4 Interesting Additional Indicators.

Recommended set files for backtesting the indicator on recommended pairs are available in the comments section (last page).

Please note that this product is exclusively sold on the MQL5 market. Any other sources offering it are scams, and the author bears no responsibility.

To receive the bonus gifts, please contact me privately through direct messages.

With the latest upgrade, the MFI period has become dynamic, and a +1 filter has been added.

If you don't see arrows with any set file, simply adjust the "Volatile" setting to "Not use" or set the filterMFI to false.

Here is the EA from the video for easily backtesting the indicator entries before making a purchase: [https://www.mql5.com/en/market/product/85876]. Don't forget to use the recommended set files available in the comments section.

MFI Modern Pro is an enhanced version of the standard MFI indicator. It displays clouds at the intersection of various levels and draws arrows upon the completion of each cloud formation. These clouds represent zones where overbought or oversold conditions are active and are about to end. When the MFI line exits one of these zones, arrows appear, indicating the direction for Buy or Sell trades. Each opposite signal serves as an exit for the previous signal. For instance, a red arrow indicates a sell signal and simultaneously serves as an exit signal for the previous green arrow (buy signal). Occasionally, a similar sell or buy signal may appear when we already have a position in plus from the previous signal. This behavior is completely normal.

Watch the video to see the indicator entries in action (Please note that the EA in the video is solely for demonstration purposes and not available for sale. It is provided as a gift to customers who purchase the indicator).

MFI Modern Pro includes the following input parameters:

mfiPeriod: period for the MFI indicator.
mfiPeriodadd: number of periods to add to mfiPeriod to allow dynamic and automatic changes (linked to CCI).
mfiSellProof: MFI level to cross from up to down initially to confirm a sell arrow.
mfiSellCross: MFI level to cross from up to down after Proof to draw a sell arrow.
mfiBuyCross: MFI level to cross from down to up after proof to draw a buy arrow.
mfiBuyProof: MFI level to cross from down to up initially to confirm a buy arrow.
FilterMfi: Enable/disable an extra condition for arrow confirmation.
FilterTFmfi: Choose timeframe for confirmation.
FilterBuyProofMFI: Level for buy order confirmation (e.g., if we buy when MFI exits the oversold zone on H1, it should not be near the overbought zone on lower timeframes like M30-M15. If filterMFI is false, this option is not used).
FilterSellProofMFI: Level for sell order confirmation (e.g., if we sell when MFI exits the overbought zone on H1, it should not be near the oversold zone on lower timeframes like M30-M15. If filterMFI is false, this option is not used).
Volatile: Choose "Not Use," "Higher," or "Lower." For Higher, the volatility number should be higher than the entered level to draw an arrow. For Lower, the volatility number should be lower than the entered level to draw an arrow (this is an independent indicator built-in from my products).
VolTF: Timeframe for detecting volatility factor.
VolPeriod: Period of volatility.
VolLevel: Level for volatility.
UseCCI: Enable/disable CCI for making the MFI period dynamic. It adds the Periodadd number to the main period of MFI (first input).
cciTF: Timeframe for CCI.
cciPeriod: Period for CCI.
cciPrice: CCI Price.
cciLevel: CCI level (if set to 150, it will use 150 and -150 as the upper and lower thresholds, respectively, which are added to the period of MFI as specified in Periodadd).
UseBB: Enable/disable Bollinger Bands filter. If enabled, the price must be below the upper band to draw a sell arrow (according to the conditions described above), and the price must be above the lower band to draw a buy arrow (according to the conditions described above).
alerts: All available alerts provided by the indicator.

This indicator is the result of 11 years of trading experience. Tests have been conducted using the "from signal to signal" method, without the use of stop losses, to showcase its accuracy solely based on signals. Every trader should determine suitable stop loss levels based on their preferences and trading styles, as variables can vary significantly depending on the type of trader. The Gift EA can assist in quickly and easily researching different settings. Good luck!

more...

314

akira1212 2025.08.17 22:23 #

I have purchased it. How do I claim my EA?

973

Yusuf Hamzah 2024.02.18 15:44 #

The indicator is MFI-complete and it allows user to perform back-testing and optimization. I have been reviewing it for nearly two weeks. It is feature-wise, provide value-for-money and I have nothing to regret purchasing it. Davit provides a good after-sales support and very generous in giving explanations. He is quick to response and adept to questions. As a caveat, past performance does not guarantee future performance. Although, I do believe the indicator is promising, I still strongly suggest user to do its own homework to fully utilize it (like any other indicators, it is just an indicator). Good luck.

3421

rainwalker123 2023.08.22 13:18 #

DEAR DAVID, you are the best and talented here in MQL5. Your indicator ist the only one, who provides reliable and profitable signals. You are real JEWEL for the trader community here. RIGHT ON, you are the best.

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TDI Multi Timeframe Scanner: This Dashboard indicator uses the TDI (Trader's Dynamic Index) Indicator to find best trades. Read detailed How to Use Guide: https://www.mql5.com/en/blogs/post/758252 Extra indicators also available in above post. Checks for: - SharkFin Pattern Free indicator for SharkFin: https://www.mql5.com/en/market/product/42405/ - TDI Trend: Strong/Weak Trend Up/Down - TDI Signal: Strong/Medium/Weak Signal for Buy/Sell - Consolidation - Overbought/Oversold - Volatility Ban

65 USD

BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO TREND INDICATOR is the best trend indicator on the market, the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many trend indicators around the internet are not complete, does not help, and it's difficult to trade, but the Italo Trend Indicator is different , the Italo Trend Indicator shows the signal to buy or sell, to confirm the signal t

65 USD

Apex Patterns PRO Buy Indicator - Get Expert Advisor Based on it for FREE. Self-Optimizing Chart Pattern & Breakout Intelligence Traditional pattern scanners rely on fixed inputs, often underperforming when market volatility and structures shift. Apex Patterns PRO is designed to adapt to changing market conditions by combining structural chart pattern recognition, momentum filtering, and statistical self-optimization into one analytical framework. Adaptive Scanning Engine Self-Optimizing Patter

150 USD

Auto Optimized SpeedAngle is an institutional-grade momentum vectoring system that eliminates curve-fitting through continuous Walk-Forward Optimization (WFO). Rather than relying on static inputs that degrade when market regimes shift, the indicator dynamically recalibrates its parameters using Out-of-Sample (OOS) validation, ensuring the displayed signals represent genuine statistical edges rather than historical anomalies. By shifting the focus from subjective visual angles to normalized, qua

100 USD

Adaptive Price Action Engine Buy Indicator- Get EA Based on it for FREE. Self-Optimizing Multi-Timeframe Trend & Candlestick Intelligence Markets do not behave the same way all the time—and not every price-action pattern has the same value in every market regime. Adaptive Price Action Engine is designed to adapt to changing market conditions by combining trend structure, multi-timeframe analysis, candlestick patterns, and statistical optimization into one analytical framework. Two Adaptive Mode

100 USD

DayTrader PRO (Buy DayTrader PRO and get Another Paid Self Optimizing indicator for FREE as BONUS!) DayTrader PRO is an advanced trading indicator that combines John Ehlers' Laguerre Filter with a powerful Auto-Optimization Engine. Instead of using fixed parameters, the indicator automatically searches for the best settings based on recent market conditions, helping you adapt to changing volatility without constant manual adjustments. The indicator generates clear BUY and SELL signals together

90 USD

Buy the indicator and get the EA based on it, CPA Pattern Trader, for free. Send me a private message after purchase. Leave a comment after purchase to get 8 high-quality indicators as a bonus. Current offer: 50% discount. Chart Patterns All in One finds 8 classic chart patterns automatically. Every pattern comes with an entry, stop loss and take profit. Signals are confirmed on bar close and never repaint, so what you see in history is what you would have seen live. Included patterns 1-2-3 Top

50 USD

Bazooka EA – Trend & Momentum Expert Advisor for MT5 Important: We regularly release updated set files in the Comments area. Please ensure you are using the most recent version for your backtests and live trading to ensure optimal performance with current market volatility. Bazooka EA is a fully automated Expert Advisor for MetaTrader 5 , designed to trade directional market moves using trend confirmation and momentum filtering . The EA focuses on controlled entries and disciplined exits,

250 USD

Bazooka EA – Trend & Momentum Expert Advisor for MT4 MT5: https://www.mql5.com/en/market/product/163078 Important: We regularly release updated set files in the Comments area. Please ensure you are using the most recent version for your backtests and live trading to ensure optimal performance with current market volatility. Bazooka EA is a fully automated Expert Advisor for MetaTrader 4 , designed to trade directional market moves using trend confirmation and momentum filtering . The EA f

250 USD

Dashboard for Ma Speedometer: https://www.mql5.com/en/market/product/116784 Non standard attitude to the standard moving average indicator. The essence of the indicator is to determine the strength and speed of the price direction by determining the tilt angle of the moving average. A point is taken on the fifteenth MA candle and a point on the last closed MA candle, a straight line is drawn between them, it is movable and on a hemisphere shows an angle of inclination from 90 degrees to -90. a

65 USD

Auto Optimized RSI is a smart and easy-to-use arrow indicator designed for precision trading. It automatically finds the most effective RSI Buy and Sell levels for your selected symbol and timeframe using real historical data simulations. The indicator can be used as a standalone system or as part of your existing trading strategy. It is especially useful for intraday trading. Unlike traditional RSI indicators that rely on fixed 70/30 levels, Auto Optimized RSI dynamically adjusts its lev

50 USD

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informativity. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. To make yourself sure check out the screens

40 USD

Check my p a id tools they work perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose

FREE

Check my p a id tools they work perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w

FREE

Check my p a id tools they work perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus: https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma

FREE

Check my paid tools they work great and I share Ea's based on them for free please r ate The Dual Timeframe RSI (Relative Strength Index) indicator is a novel trading tool that allows traders to monitor RSI readings from two different timeframes on a single chart. This dual perspective enables traders to identify potential trend confirmations and divergences more effectively. For instance, a trader might use a 1-hour RSI alongside a daily RSI to ensure that short-term trades align with the broa

FREE

Indicator shows buy/sell arrows depending on volatility factor. Indicator does not repaint! It works on any pair and any timeframe. It is well tested through strategy builders and shows quite interesting results as a good filter indicator and as independent signaler as well (check the screenshots). It is possible to search for a lot of interesting parameters for profitable trading, some of which are shown on the screenshots. There are next inputs in indicator settings: N-volatility period; Level

40 USD

Steady Ranger EA – Smart & Safe Channel Trading Backtest: Use the provided set files (Comments section) in "Open Prices Only" mode. Video: Watch with subtitles for full understanding. Why Steady Ranger EA? A long-term, risk-managed system designed for stability and safety—not unrealistic profits. Multi-Level Stop Protection: Combines per-trade stop loss with a "sum of loss" limit. Channel-Based Trading: Trades at extreme levels, exiting on signals while managing risk. Adaptive Lot Scaling: Adjus

450 USD

RSI Entry Points is the upgrade of the standard RSI indicator to avoid lagging. Indicator draws the clouds and the arrows to have clear picture where price is and what to wait for. Why standard RSI is lagging? because mostly we do not use it correctly and it is with very weak visual flexibility, less informative. With my current upgrade I tried to Fix both problems same time and I got much better results and more exact entries than standard RSI has. I Made RSI line Dynamic, it gets more flexible

40 USD

This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are fo

100 USD

Re ad First Before Testing. This Ea goes as a Bonus to MFI Modern PRO indicator users only. Set files generated after upgrade you can check in comments section. This Expert advisor is based on MFI Modern PRO indicator https://www.mql5.com/en/market/product/80765 just to give possibility to indicator users for fastly test the indicator Before buying. In comments section recommended set files are uploaded by which you can prove yourself that backtest data from indicator overview are real. Thi

100 USD

MA Revolution is upgraded version of standard Moving A verage. With the current upgrade moving average line got more sensitive with different market conditions. It gets more flexible by decreasing default period step by step while market is sharp and incrasing period back to default period step by step while market is normal again. testing of the ide a shows th at this upgr aded version gives much more acur acy for detecting m arket direction, ch anges in direction are shown much e arly th an

30 USD

In case you get Laguerre S crat indicator, you will get Laguerre Scrat Ea as a Gift. To get Ea and det a iled m anu al PDF contact me PM. Default settings are for usd/cad H4 For St able Long term Profits Laguerre Scrat is a trading system based on 4 indicator combinations in the shape of one indicator. Laguerre indicator (upgraded), CCI, Bollinger bands and market volatility factor. It generates arrows in the indicator window and nuts on the price chart, doubling arrows for a better view where

50 USD

Indicator customers will get an EA based on the Fiter indicator for free as a bonus. (Watch the video to see the EA in action.) Comment to get the EA. Fiter is a hybrid indicator that combines an Exponential Moving Average (EMA) with an ATR-modulated RSI line (yellow), alongside a traditional Moving Average (red). The crossover of these two lines generates significantly smoother and more reliable trading signals than the classic approach of using two simple moving averages. Backtesting has prove

50 USD

after getting indic ator cont act me for Bonus E a. Non Repaint TMA channel with special conditioned arrows on price cross of channel lines plus market Volatility factor, which makes product much more accurate than any usual tma channel indicators. It is proven to be profitable with Ea built based on it which you will get as a BONUS in case of indicator purchase. Good luck.

50 USD

MRA Index Indicator Overview Bonus Offer: You get the "MRA Index EA" for free when you purchase the indicator. Optimization Strategy: For scalping, I optimize settings based on the last 12 months and use them for the next month. This approach has proven to work effectively. Important Note: Default settings are for visualization purposes only and are not optimized for profitability. Proper optimization guidelines are provided exclusively to buyers. About the "MRA Index" Indicator: The "MRA Ind

85 USD

There is No use in the Testing Demo. You will understand nothing from running flashing numbers. It is a Dashboard. Just try to understand idea, get it and I will help in everything further. Symbols must be separated by commas (,) and entered into the parameters exactly as displayed by your broker to ensure they are recognized in the dashboard. These symbols will be used for analysis by the indicator. With one click open any pair any timeframe directly from dashboard The MA Speedometer Dashboard

40 USD

Candlestick Patterns Indicator for MetaTrader 4 (MT4) This customizable indicator identifies key bullish and bearish candlestick patterns, aiding traders in technical analysis and decision-making. Key Features: Pattern Detection : Bullish : Hammer, Bullish Engulfing, Morning Star, Three White Soldiers, Bullish Harami, Inverted Hammer. Bearish : Shooting Star, Bearish Engulfing, Evening Star, Three Black Crows, Bearish Harami, Hanging Man. Customization : Enable or disable specific patterns based

65 USD

50 USD

The "Candle Info" indicator for MetaTrader 4 (MT4) helps traders analyze and visualize key candle formations directly on the chart. By detecting formations such as Higher Highs (HH), Lower Lows (LL), Higher Lows (HL), and Lower Highs (LH), it provides insights into market trends and potential price movements. Key Features: Candle Formations: Identifies and labels HH, LL, HL, LH, along with combinations like HH & HL (bullish) and LL & LH (bearish). Session Filters: Allows filtering of formations

50 USD

This indicator is for Live Chart not for Tester. The PRO Trend Divergence indicator is a cutting-edge technical analysis tool focused on detecting Trend Continuation Divergence —a signal indicating that the current trend is likely to persist. Unlike conventional indicators that emphasize reversals, this tool helps traders identify market conditions where the trend remains strong, even during temporary retracements or minor corrections. Trend Continuation Divergence occurs when the price moves i

65 USD

Filter:

314

akira1212 2025.08.17 22:23 #

I have purchased it. How do I claim my EA?

13735

Reply from developer Davit Beridze 2025.08.18 08:51 #

hello will send you mail. thanks

973

Yusuf Hamzah 2024.02.18 15:44 #

13735

Reply from developer Davit Beridze 2024.02.18 15:48 #

thanks for review

3421

rainwalker123 2023.08.22 13:18 #

13735

Reply from developer Davit Beridze 2023.08.23 09:54 #

thanks for such words. :)

392

X_RaXaR 2023.07.19 22:01 #

This indicator really gives very accurate signals. The author almost instantly replies to messages and gives detailed explanations. In general, both the product and technical support are excellent. Well, the bonuses are so generous that you will be pleasantly surprised.

13735

Reply from developer Davit Beridze 2023.08.23 09:54 #

thanks. good luck

165

VALERІI SKVORTSOV 2023.06.07 20:45 #

Знайшов те, що шукав. Приємно здивував бонус у вигляді додаткових індикаторів та робот на цьому ж індикаторі, це суттєво полегшує процес створення стратегії та саму торгівлю. Продавець завжди на зв'язку та охоче відповідає на всі запитання. Д Я К У Ю !

13735

Reply from developer Davit Beridze 2023.07.12 17:28 #

you are welcome

1772

Epsilon Hogas 2023.04.08 05:47 #

Interesting information shown, thank you

13735

Reply from developer Davit Beridze 2023.07.12 17:28 #

thanks

6375

adonis4ex 2023.02.21 11:38 #

great indicator, always knew the mfi was the goat. may i get ea please

13735

Reply from developer Davit Beridze 2023.03.03 08:45 #

Hi check PM

729

jimdog 2023.02.19 11:13 #

Thanks, looks good

13735

Reply from developer Davit Beridze 2023.07.12 17:28 #

thanks

434

Yoon Jinho 2022.12.31 11:12 #

Great indicator and perfect support

13735

Reply from developer Davit Beridze 2023.07.12 17:29 #

thank you

693

Bernardo Carvalho 2022.12.29 11:02 #

Good

13735

Reply from developer Davit Beridze 2023.07.12 17:29 #

thanks

344

Richard S. 2022.12.14 21:22 #

Great Indicator, Thank you Davit

13735

Reply from developer Davit Beridze 2023.07.12 17:30 #

you are welcome

539

tsany 2022.12.14 17:08 #

Thank you, Davit for this very useful trading tool!

164

HKjobs Mt4 2022.12.10 18:17 #

User didn't leave any comment to the rating

1627

Lasse Michael Holm 2022.11.08 23:52 #

User didn't leave any comment to the rating

13735

Reply from developer Davit Beridze 2023.07.12 17:30 #

thanks

1046

Ck. 2022.11.07 13:20 #

Great indicator. EA works as intended and allows hands off trading. Great support as well.

Erwinlyj 2022.11.06 11:19 #

User didn't leave any comment to the rating

703

Dam Van Long 2022.11.05 05:51 #

Super good indicator and EA. I use it for my $20k account.

188

Dariusz Dabrowski 2022.11.03 17:29 #

User didn't leave any comment to the rating

758

Prianka Bayu Putra 2022.11.03 15:52 #

I tested this indicator multiple times now and decided to buy it, great tools ! Looking forward to work with it

d1n3kk 2022.10.30 22:45 #

After ~1 month I can confirm, that indicator (as well as gift EA) works as it should and there are no repaints or any other scams. Performance is good, risk/reward ratio also. Currently I'm ~5% on plus (0.01 lot on 2000$ account). It covers with backtest effects.

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