• Overview
  • Reviews (57)
  • Comments (177)
  • What's new

MFI Modern PRO

4.92
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!


Reviews 20
Yusuf Hamzah
543
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.

rainwalker123
3371
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.

X_RaXaR
364
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.

Recommended products
Owl smart levels
Sergey Ermolov
4.34 (35)
MT5 version  |  FAQ The Owl Smart Levels Indicator  is a complete trading system within the one indicator that includes such popular market analysis tools as  Bill Williams' advanced fractals , Valable ZigZag which builds  the correct wave structure  of the market, and  Fibonacci levels  which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private
VR Cub
Vladimir Pastushak
VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss targe
The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com
Trend Ray
Andriy Sydoruk
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Trend Scanner
Vladimir Kalendzhyan
4.33 (6)
By purchasing this indicator, you have the right to receive a free copy of one of   my other indicator's or advisor’s!  (All future updates are included. No limits) . To get it , please contact me by  mql5 message ! The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and  timeframes. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the exist
Super Reversal Pattern
Parfait Mujinga Ndalika
Super Reversal Pattern Indicator Unlock the power of advanced pattern recognition with our Super Reversal Pattern Indicator. Designed for traders seeking precision and reliability, this indicator identifies one of the most effective reversal patterns in technical analysis, offering a significant edge in your trading strategy. Key Features: Non-Repainting Accuracy: Enjoy the confidence of non-repainting technology. Once a Super Reversal Pattern is detected, it remains static, providing consis
Chart Patterns Detect 15 patterns (Ascending Triangle, Descending Triangle, Rising Wedge, Falling Wedge, Bullish Flag, Bearish Flag, Bullish Rectangle, Bearish Rectangle Symmetrical triangle, Head and Shoulders, Inverted Head and Shoulders, Triple top, Triple Bottom, Double Top, Double Bottom) Use historical data to calculate the probability of each pattern to succeed (possibility to filter notification according to the chance of success) gives graphic indication about the invalidation level and
Atomic Analyst
Issam Kassas
5 (2)
First of all Its worth emphasizing here that this Trading Indicator is   Non-Repainting , Non Redrawing and Non Lagging Indicator   Indicator, Which makes it ideal from both manual and robot trading.  User manual: settings, inputs and strategy . The Atomic Analyst  is a PA Price Action Indicator that uses Strength and Momentum of the price to find a better edge in the market. Equipped with Advanced filters which help remove noises and false signals, and Increase Trading Potential. Using Multipl
Trend Line Chart Pattern Signals  Is a traders Tool for Signals based on Strong  Patterns Formed By a pair of robust trend lines. They FOR WITH DIFFERENT POPULAR PATTERNS ON CHARTS LIKE – TRIANGLES, FLAGS,RANGE , ASCENDING TRIANGLES, DESCENDING PATTERNS, PENNANTS ETC. The TREND LINES  form  dynamically  on running bars. The  sensitivity  of the trend lines can be changed by custom settings. The  Buy and Sell Signals Generate upon Break Of the Trend Line + "Close" of the same bar above the previo
Line Magnit
Aleksey Trenin
The LineMagnit Indicator for MT4 is a highly precise tool that builds support and resistance levels which magnetically attract prices. This feature allows traders to easily determine the most probable entry and exit points in the market, as well as identify the market's directional forces, as levels are based on capital inflows into the instrument. Equipped with an intuitively understandable graphical interface, the LineMagnit Indicator enables users to quickly locate and analyze support and res
"Adjustable Fractals" - is an advanced version of fractal indicator, very useful trading tool! As we know   Standard fractals mt4 indicator does not have settings at all   - this is very inconvenient for traders Adjustable Fractals has resolved that issue - it has all necessary settings: Adjustable period   of indicator (recommended values - above 7) Adjustable distance   from Highs/Lows of price Adjustable design   af fractal arrows // More great Expert Advisors and Indicators are available he
Simple to read and powerful, no fancy lines and drawings to clutter your chart or distract you. The trend probability oscillator estimates how likely a trend will continue in a certain period. The cummulator period controls how many bars in the past to use and is a proxy for the timescale the trend probability should hold. The use of a Max Line improves this further by indicating when a trend is likely to reverse. In most cases a trend must lose momentum before reversing. Hence, a trend probabil
[ZhiBiCCI] indicators are suitable for all cycle use, and are also suitable for all market varieties. [ZhiBiCCI] Green solid line is a reversal of bullish divergence. The green dotted line is a classic bullish divergence. [ZhiBiCCI] The solid line to the red is a reverse bearish divergence. The red dotted line is a classical bearish divergence. [ZhiBiCCI] can be set in the parameters (Alert, Send mail, Send notification), set to (true) to send instant signals to the alarm window, email, in
MACD Divergence
Sergey Deev
2.5 (2)
The indicator detects divergence signals - the divergences between the price peaks and the MACD oscillator values. The signals are displayed as arrows in the additional window and are maintained by the messages in a pop-up window, e-mails and push-notifications. The conditions which formed the signal are displayed by lines on the chart and in the indicator window. Indicator Parameters MacdFast - fast MACD line period MacdSlow - slow MACD line period MacdSignal - MACD signal line period MacdPri
Indicator. "Indicator wave or Indicator Ma". Using 23 standard indicators and the author's algorithm, the levels of purchases (from 0 to +100) and sales (from 0 to -100) are calculated. Then, using the calculated levels, the "Wave Indicator" draws a wave with 21 moving averages. The wave number is equal to the averaging period of the calculated levels. Waves # 1 - 7 Fast Moving Averages Waves from No. 8 -14 moving averages Waves from No. 15-21 slow moving averages Looking at the figu
The Th3Eng PipFinite indicator is based on a very excellent analysis of the right trend direction with perfect custom algorithms. It show the true direction and the best point to start trading. With StopLoss point and Three Take Profit points. Also it show the right pivot of the price and small points to order to replace the dynamic support and resistance channel, Which surrounds the price. And Finally it draws a very helpful Box on the left side on the chart includes (take profits and Stop loss
Mirror
Stanislav Korotky
This indicator predicts rate changes based on the chart display principle. It uses the idea that the price fluctuations consist of "action" and "reaction" phases, and the "reaction" is comparable and similar to the "action", so mirroring can be used to predict it. The indicator has three parameters: predict - the number of bars for prediction (24 by default); depth - the number of past bars that will be used as mirror points; for all depth mirroring points an MA is calculated and drawn on the ch
Distinctive
Tatiana Savkevych
Distinctive is a forex trending arrow indicator for identifying potential entry points. I like it, first of all, because it has a simple mechanism of work, adaptation to all time periods and trading tactics. Created on the basis of a regression channel with filters. Plotting the Lawrence indicator signals on a price function chart using a mathematical approach. How it works - when the price breaks out in the overbought / oversold zone (channel levels), a buy or sell signal is generated. Every
FreqoMaster
Stanislav Korotky
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
Binary Options Support Resistance Indicator This indicator is designed for binary options trading and effectively shows retracements from support and resistance levels. Signals appear on the current candle. A red arrow pointing downwards indicates a potential selling opportunity, while a blue arrow pointing upwards suggests buying opportunities. All that needs adjustment is the color of the signal arrows. It is recommended to use it on the M1-M5 timeframes as signals are frequent on these timef
UniversalIndicator is a universal indicator. A great helper for beginners and professional traders. The indicator algorithm uses probabilistic and statistical methods for analyzing the price of a trading instrument. The indicator is set in the usual way. Advantages of the indicator works on any time period works with any trading tool has a high probability of a positive forecast does not redraw Indicator Parameters LengthForecast = 30 - the number of predicted bars
Trendiness Index
Libertas LLC
5 (3)
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Laser Trend
Nicolas Zouein
The trend is your friend! This is what this indicator is all about. Follow this famous saying and be safe. Characteristics: Buy/Sell signals fixed on the close of a bar. Works on all symbols and all timeframes. Clear visual market trend laser line, Buy/Sell signal arrows, market strength meter, TP1 & TP2 boxes. Visual signals when to enter, when to exit the market. No repainting. Compatible with Flexible EA for trading automation. (Ask for a free set file optimized to perform 2010-2018) Para
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
The indicator displays the data of the Stochastic oscillator from a higher timeframe on the chart. The main and signal lines are displayed in a separate window. The stepped response is not smoothed. The indicator is useful for practicing "manual" forex trading strategies, which use the data from several screens with different timeframes of a single symbol. The indicator uses the settings that are identical to the standard ones, and a drop-down list for selecting the timeframe. Indicator Parame
Automated Trendlines
Georgios Kalomoiropoulos
5 (16)
Trendlines  are the most essential tool of technical analysis in forex trading.  Unfortunately, most  traders don’t draw them correctly. Automated Trendlines indicator is a professional tool for serious traders that help you visualize the trending movement of the markets . There are two types of Trendlines Bullish Trendlines and Bearish Trendlines. In the uptrend, Forex trend line is drawn through the lowest swing-points of the price move. Connecting at least two "lowest lows" will create a
The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
RenkoMaStoch
Sergey Deev
1 (1)
The indicator displays renko bars on a chart, uses them to plot the fast and slow moving average and Stochastic, as well as it provides buy/sell signals: a buy signal is generated when the fast moving is above the slow one, and the signal line of Stochastic crosses the lower level from bottom up; a sell signal is generated when the fast moving is below the slow one, and the signal line of Stochastic crosses the upper level from top to bottom; Renko is a non-trivial price display method. Instead
Fractal Zig Zag
Mikhail Nazarenko
A   professional version of the ZigZag indicator for visualizing the structure of price movements by fractals. Fractal ZigZag fixes the flaws of the standard version of the ZigZag indicator MT4. It uses Price action and a unique filtering algorithm to determine fractals. Suitable for all types of trading. Ideal for trading according to the WM pattern "Sniper" strategy !!! Features Marks the place of price reversal during the formation of a new fractal with specified parameters. Suitable for
Trend Monitor
Pavel Zamoshnikov
4 (4)
The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features Easy to use. Filter configuration only requires selection of sensitivity in the " Sensitivity of the indicator " input. Signals can be filtered usin
Buyers of this product also purchase
Gann Made Easy
Oleg Rodin
4.85 (81)
Gann Made Easy is a professional and easy to use Forex trading system which is based on the best principles of trading using the theory of mr. W.D. Gann. The indicator provides accurate BUY and SELL signals including Stop Loss and Take Profit Levels. You can trade even on the go using PUSH notifications. PLEASE CONTACT ME AFTER PURCHASE TO GET MY TRADING TIPS PLUS A GREAT BONUS! Probably you heard already many times about Gann trading methods. Usually Gann's theory is very complex thing not only
TPSpro RFI Levels
Roman Podpora
4.82 (22)
Reversal First Impulse levels (RFI)    INSTRUCTIONS        RUS       -       ENG              R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT5 A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. Main functions: Displaying activ
Gold Stuff
Vasiliy Strukov
4.89 (238)
Gold Stuff is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. At it indicator work full auto  Expert Advisor EA Gold Stuff. You can find it at my profile. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual here   SETTINGS Draw Arrow - on off. dra
Trend Punch
Mohamed Hassan
4.95 (19)
This indicator is unstoppable when combined with our other indicator called  Support & Resistance . After purchase, send us a message and you will get it   for  FREE as a BONUS! Introducing Trend Punch , the revolutionary forex trend indicator that will transform the way you trade! Trend Punch is uniquely designed to provide precise buy and sell arrows during strong market trends, making your trading decisions clearer and more confident. Whether you're trading major currency pairs or exotic sym
Scalper Inside PRO
Alexey Minkov
4.73 (56)
An exclusive indicator that utilizes an innovative algorithm to swiftly and accurately determine the market trend. The indicator automatically calculates opening, closing, and profit levels, providing detailed trading statistics. With these features, you can choose the most appropriate trading instrument for the current market conditions. Additionally, you can easily integrate your own arrow indicators into Scalper Inside Pro to quickly evaluate their statistics and profitability. Scalper Inside
TPSproTREND PrO
Roman Podpora
4.79 (19)
TPSpro TRENDPRO  - is a trend indicator that automatically analyzes the market and provides information about the trend and each of its changes, as well as giving signals for entering trades without redrawing! The indicator uses each candle, analyzing them separately. referring to different impulses - up or down impulse. Exact entry points into transactions for currencies, crypto, metals, stocks, indices!  Version MT5             DETAILED DESCRIPTION              R ecommended to use with an indi
FX Power MT4 NG
Daniel Stein
5 (12)
Trading GOLD, and currencies, with the dog walk strategy  - super smart Trading GOLD, and currencies, with the breakout strategy  - super easy Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Power MT4 NG  is the next generation of our long-time very popular currency strength meter, FX Power.  And what does this next-generation strength meter offer? Everything you have loved about the original FX Power  PLUS GOLD/XAU stre
Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e
Trend Screener
STE S.S.COMPANY
4.8 (87)
Unlock the Power of Trends Trading with the Trend Screener Indicator: Your Ultimate Trend Trading Solution powered by Fuzzy Logic and Multi-Currencies System! Elevate your trading game with the Trend Screener, the revolutionary trend indicator designed to transform your Metatrader into a powerful Trend Analyzer. This comprehensive tool leverages fuzzy logic and integrates over 13 premium features and three trading strategies, offering unmatched precision and versatility. LIMITED TIME OFFER : Sup
FX Volume
Daniel Stein
4.58 (33)
Visit our all-new   Stein Investments Welcome Page   to get the latest information, updates and trading strategies. FX Volume is the FIRST and ONLY volume indicator that provides a REAL insight into the market sentiment from a broker's point of view. It provides awesome insights into how institutional market participants, like brokers, are positioned in the Forex market, much faster than COT reports. Seeing this information directly on your chart is the real game-changer and breakthrough solut
- Real price is 80$ - 40% Discount ( It is 49$ now ) Contact me for instruction, add group and any questions! Related EA Product: Bitcoin Expert Introduction The breakout and retest strategy is traded support and resistance levels. it involves price breaking through a previous level.  The break and retest strategy is designed to help traders do two main things, the first is to avoid false breakouts. Many false breakouts start with a candlestick that breaks out of a level but ends with an immedi
CURRENTLY 31% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a secret formula. With only ONE chart it gives Alerts for all 28 currency pairs. Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity! Built on new underlying algorithms it makes it even easier to identify and confir
Enigmera
Ivan Stefanov
5 (3)
ENIGMERA: The core of the market (If the demo of mql5.com doesn't working and you want to try Enigmera please message me.) Introduction This indicator and trading system is a remarkable approach to the financial markets . ENIGMERA uses the fractal cycles to accurately calculate support and resistance levels. It shows the authentic accumulation phase and gives direction and targets.  A system that works whether we are in a trend or a correction.   How does it operate? ENIGMERA comprises of fol
Trend Cutter
Oleg Rodin
5 (2)
Trend Cutter   is a trend indicator which can be used with any time frame including the lower time frames like M1 and M5. The indicator is ideal for traders who prefer intraday trading and will be helpful to those who prefer long-term trading as well. You can use this indicator as a basis for your trading system or as a standalone trading solution. The indicator provides non-repaint signals on the close of the current candle. When the signal candle is closed, the signal will stay fixed on chart.
PRO Renko System
Oleg Rodin
5 (25)
PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
Market Reversal Alerts
LEE SAMSON
4.19 (113)
Profit from market structure changes as price reverses and pulls back. The market structure reversal alert indicator identifies when a trend or price move is approaching exhaustion and ready to reverse. It alerts you to changes in market structure which typically occur when a reversal or major pullback are about to happen. The indicator identifies breakouts and price momentum initially, every time a new high or low is formed near a possible exhaustion point. The indicator draws in a rectangle on
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.44 (16)
TakePropips Donchian Trend Pro  (MT4) is a powerful and effective tool that automatically detects the direction of the trend using the Donchian Channel and provides you with an entry and exit trading signals! This multi-function indicator includes a trend scanner, trading signals, statistical panel, screener, trading sessions, and alerts history dashboard. It is designed to provide you with trading signals and save you hours analyzing the charts! You can download the user manual and installation
Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT version available here:  https://www.mql5.com/en/market/product/97973 There are 2 CORE features in the indicator and 4 additiona
Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
IX Power MT4
Daniel Stein
5 (5)
IX Power finally brings the unbeatable precision of FX Power to all your trading symbols. It accurately determines the intensity of short, medium and long-term trends in your favourite indices, stocks, commodities, ETFs, and even cryptocurrencies. You can analyse everything your terminal has to offer. Try it out and experience how your timing improves significantly when trading. Read about our latest strategic development -  Easy scalping with IX Power Visit our all-new   Stein Investments
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
Trend Pulse
Mohamed Hassan
5 (4)
Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you know that it's not a good time to enter a trade. This excellent system makes Trend Pulse
The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1. Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or reversal is due soon. 2. Use one time frame (your favourite to trade)
Stratos Pali Indicator   is a revolutionary tool designed to enhance your trading strategy by accurately identifying market trends. This sophisticated indicator uses a unique algorithm to generate a complete histogram, which records when the trend is Long or Short. When a trend reversal occurs, an arrow appears, indicating the new direction of the trend. Important Information Revealed Leave a review and contact me via mql5 message to receive My Top 5 set files for Stratos Pali at no cost! D
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
M1 Arrow
Oleg Rodin
4.73 (15)
M1 Arrow is an indicator which is based on natural trading principles of the market which include volatility and volume analysis. The indicator can be used with any time frame and forex pair. One easy to use parameter in the indicator will allow you to adapt the signals to any forex pair and time frame you want to trade. The Arrows DO NOT REPAINT and DO NOT LAG! The algorithm is based on the analysis of volumes and price waves using additional filters. The intelligent algorithm of the indicato
Bomb Bank Signal
Igor Pereira Calil
5 (1)
Bomb Bank Signal: Your Trusted Indicator for MetaTrader 4 The Bomb Bank Signal is a powerful indicator for MetaTrader 4, designed to identify the most relevant trends in the financial market. If you are looking for a tool that accurately anticipates movements, Bomb Bank is the ally you need. How it Works: This indicator combines three distinct methods – volume analysis, candle closes and symmetrical trend – to detect and signal buying and selling opportunities. Bomb Bank is like a "bomb"
Advanced Supply Demand
Bernhard Schweigert
4.91 (294)
CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Order Block Hunter
Noha Mohamed Fathy Younes Badr
5 (4)
Order block hunter indicator is the best indicator for  hunt the order blocks that area where there has been a large concentration of limit orders waiting to be executed Order blocks are identified on a chart by observing previous price action and looking for areas where the price experienced significant movement or sudden changes in direction .This indicator does that for you by using very complicated codes and helps you to take the best areas To buy and sell because it make marks at the best a
More from author
The Chart Patterns All-in-One indicator helps traders visualize various chart patterns commonly used in technical analysis. It supports identifying potential market behaviors, but profitability is not guaranteed. Testing in demo mode is recommended before purchasing. Current Offer : 50% discount on the "Chart Patterns All in One" indicator. Included Patterns : Pattern 1-2-3 : Detects market reversals using three key points (highs or lows). Buy : Two consecutive lows followed by a lower high. Se
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
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
Fiter
Davit Beridze
5 (1)
Indicator customers will get Ea based on Fiter indicator for free as a Bonus. (watch video to see Ea in action) Comment To get EA Fiter is EMA+ATR*RSI hibrid yellow line combined with Moving average red line, cross of which gives much smoother results than two simple Ma cross usage in trading. Effectiveness is proven by backtest and comparison with two simple Ma crosses. History shows that this method Fits with different market conditions and it can be boldly used in real manual trading for det
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 Dashboar
MRA Index
Davit Beridze
5 (5)
You get Ea based on MRA Index for free as a Bonus in case of indicator purchase.  For sc alping I optimize sets on period of l ast 12 months  and use it next 1 month, this w ay it works very well ! Def ault settings   are just for vizu alis ation, it c an not be profit able with it, recommendations about Correct optimization process I sh are with buyers. The "MRA Index" forex indicator is a versatile tool that combines various technical elements to provide traders with valuable insights into pot
Period Cross RSI
Davit Beridze
5 (6)
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
Filtered TMA Arrows
Davit Beridze
5 (2)
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
MA Speedometer
Davit Beridze
4.6 (10)
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.
Adjustable Pin Bar
Davit Beridze
5 (2)
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
Laguerre Scrat
Davit Beridze
5 (1)
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
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.
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 bro
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
Steady Ranger EA
Davit Beridze
3 (2)
B acktest with set files from comments section (L a st comment) with method open price only. Watch video and Turn ON Subtitles when watching! This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense. Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is n
RSI Entry Points
Davit Beridze
5 (5)
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
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 f
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
MA Revolution
Davit Beridze
5 (1)
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
MA Speedometer MT5
Davit Beridze
5 (3)
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. above 30 degrees is the buying area, below -30 degrees is the selling area. abo
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
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
Filter:
Yusuf Hamzah
543
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.

Davit Beridze
7729
Reply from developer Davit Beridze 2024.02.18 15:48
thanks for review
rainwalker123
3371
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.

Davit Beridze
7729
Reply from developer Davit Beridze 2023.08.23 09:54
thanks for such words. :)
X_RaXaR
364
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.

Davit Beridze
7729
Reply from developer Davit Beridze 2023.08.23 09:54
thanks. good luck
VALERІI SKVORTSOV
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 !

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:28
you are welcome
Epsilon Hogas
1533
Epsilon Hogas 2023.04.08 05:47 
 

Interesting information shown, thank you

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:28
thanks
adonis4ex
6308
adonis4ex 2023.02.21 11:38 
 

User didn't leave any comment to the rating

Davit Beridze
7729
Reply from developer Davit Beridze 2023.03.03 08:45
Hi check PM
jimdog
758
jimdog 2023.02.19 11:13 
 

Thanks, looks good

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:28
thanks
passyjh
271
passyjh 2022.12.31 11:12 
 

Great indicator and perfect support

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:29
thank you
Bernardo Carvalho
672
Bernardo Carvalho 2022.12.29 11:02 
 

Good

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:29
thanks
Richard S.
334
Richard S. 2022.12.14 21:22 
 

Great Indicator, Thank you Davit

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:30
you are welcome
tsany
483
tsany 2022.12.14 17:08 
 

Thank you, Davit for this very useful trading tool!

HKjobs Mt4
164
HKjobs Mt4 2022.12.10 18:17 
 

User didn't leave any comment to the rating

Lasse Michael Holm
1389
Lasse Michael Holm 2022.11.08 23:52 
 

User didn't leave any comment to the rating

Davit Beridze
7729
Reply from developer Davit Beridze 2023.07.12 17:30
thanks
Ck.
1041
Ck. 2022.11.07 13:20 
 

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

Erwinlyj
61
Erwinlyj 2022.11.06 11:19 
 

User didn't leave any comment to the rating

Dam Van Long
588
Dam Van Long 2022.11.05 05:51 
 

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

Dariusz Dabrowski
80
Dariusz Dabrowski 2022.11.03 17:29 
 

User didn't leave any comment to the rating

Prianka Bayu Putra
634
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
66
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.

lisi
1038
lisi 2022.10.28 14:45 
 

Great indicator! Thanks for the advisor.

123
Reply to review
Version 1.6 2023.06.07
new upgrade contains extra filter bollinger bands. + some bug fix. I will send mail with new upgraded ea and sets to customers, who do not get mail contact me here or on telegram.
Version 1.5 2023.02.17
new version contains extra confirmation timeframe for MFI which checks mfi level to be higer or lower of given number. for exampe if there is Buy signal on H1 to decline it if there is overbought situation on M30 or lower and if there is SELL signal on H1 to decline it if M30 is oversold on M30. this way it got possible to have better results and to achive lower timeframe profitability as well. New set files I will send on mail to everyone as here I can not answer messages till 2 March, in case of questions write me on telegram. after 2 March new sets will also be uploaded in comments section.
Version 1.4 2022.10.01
with new upgrade now Mfi Period is dynamic, it changes according CCI filter. Profitability increased by 50% according backtests through Ea based on it. as MFI customers get Ea for free as a bonus everyone should contact me in privat chat to share upgraded version of Ea.
Version 1.3 2022.09.07
in notifications added name of indicator as MFI to make you understand which indicator sends you notification. + default set changed to gbp/usd H1
Version 1.2 2022.08.13
modified default set file, it is for AUD/NZD H1