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 58
akira1212
208
akira1212 2025.08.17 22:23 
 

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

Yusuf Hamzah
881
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
3433
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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Gold Scalper Super is an easy-to-use trading system. The indicator can be used as a standalone scalping system on the M1 time frame, as well as part of your existing trading system. Bonus: when purchasing an indicator, Trend Arrow Super is provided free of charge, write to us after purchase. The indicator 100% does not repaint!!! If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to the loss of a deposit, because they can show a signal and then remove it.
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Daniel Stein
4.63 (38)
Indicators
FX Volume: Experience Genuine Market Sentiment from a Broker’s Perspective Quick Overview Looking to elevate your trading approach? FX Volume provides real-time insights into how retail traders and brokers are positioned—long before delayed reports like the COT. Whether you’re aiming for consistent gains or simply want a deeper edge in the markets, FX Volume helps you spot major imbalances, confirm breakouts, and refine your risk management. Get started now and see how genuine volume data can
KT Trend Trading Suite MT4
KEENBASE SOFTWARE SOLUTIONS
Indicators
KT Trend Trading Suite is a multi-featured indicator that incorporates a trend following strategy combined with multiple breakout points as the entry signals. Once a new trend is established, it provides several entry opportunities to ride the established trend successfully. A pullback threshold is used to avoid the less significant entry points. MT5 Version is available here  https://www.mql5.com/en/market/product/46270 Features It combines several market dynamics into a single equation to
Advanced Supply Demand
Bernhard Schweigert
4.91 (298)
Indicators
Trading Special – 40% 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 pot
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
Indicators
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures. Is first of its kind, any symbol can be added to the 9th line to show true currency strength of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your trading
GM Arrows Pro
Guillaume Pierre Philippe Mesplont
Indicators
Product Name: GM Arrows Pro – Signals & Alerts Short Description: GM Arrows Pro is a clean, reliable MT4 indicator showing BUY/SELL arrows on the chart with unique alerts at the moment the signal appears. Full Description: GM Arrows Pro is a professional MT4 indicator designed for traders who want clear, actionable signals: BUY and SELL arrows visible on the entire chart history Unique alerts when a new signal appears (no repeated alerts) Option to disable repetitive signals ( disable_repeatin
System Trend Pro
Aleksandr Makarov
5 (2)
Indicators
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite
Candle Power Pro
Thushara Dissanayake
4.5 (8)
Indicators
The   Candle Power Pro   is a sophisticated trading tool designed to decode   real volume pressure, tick data imbalances, and institutional order flow dynamics   by measuring the   battle between bull ticks and bear ticks   in real time. This indicator transforms raw   volume data into actionable insights , helping traders identify   Smart Money movements, liquidity hunts, and hidden market psychology   behind each price candle. By analyzing   buyer/seller volume percentages, divergence pattern
Cyclic Impulse
Vitalyi Belyh
Indicators
Technical indicator that structures charts and identifies cyclical price movements. Can work on any charts. Several types of alerts. There are additional arrows on the chart itself. Without redrawing on history, works on closing a candle. Recommended TF from M5 and higher. Easy to use and configure parameters. When using 2 indicators with different parameters, you can use without other indicators. Has 2 input parameters Cyclicality and Signal duration These 2 parameters work with the processin
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Default Settings for Gold M15 test from 2024 year. Kaufman Smart Regime EA: Adaptive Market Intelligence SPECIAL INTRODUCTORY OFFER: The power of the Smart Regime EA is being released at a fraction of its true value. Secure your license now for $50 , before the price begins its phased, step-by-step increase toward the final valuation of $500 . This is an investment in unparalleled market logic. Unlock the power of adaptive algorithmic trading. The Kaufman Smart Regime EA is not just a strategy;
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Auto Optimized RSI: Professional Market Adaptation Most traders fail because they use static tools in a dynamic market. Using fixed RSI levels like 70/30 on every chart is a mathematical mistake. If you are looking for a "magic arrow" without logic, this is not for you. This is a tool for those who understand that Optimization is the only key to survival. Standard indicators don't care about the symbol or timeframe you are trading. Auto Optimized RSI does. It runs internal simulations on histori
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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
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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
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3.8 (5)
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Experts
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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
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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
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Davit Beridze
5 (2)
Indicators
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
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Davit Beridze
Indicators
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.
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Davit Beridze
5 (5)
Indicators
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
Ma Speedometer Dashboard
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3.5 (2)
Indicators
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
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Davit Beridze
5 (2)
Indicators
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
Chart Patterns All in One
Davit Beridze
4.47 (19)
Indicators
Try "Chart Patterns All in One" Demo and get Bonus. Send me message after trying demo to get Bonus. Leave a Comment after purchase to get 8 high quality indicators as Bonus. 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
Candle Information with Session filter
Davit Beridze
5 (1)
Indicators
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
SpeedAngle
Davit Beridze
Indicators
The SpeedAngle Indicator is an advanced MT4 tool that calculates price movement angles, offering dynamic visual cues and customizable alerts to help traders identify trend reversals and momentum shifts. Key Features Angle-Based Trend Analysis: Calculates angles over a user-defined period to reveal price momentum and direction. Dynamic Visuals: Displays a color-coded circle that changes based on angle thresholds: Above LevelMax: Signals strong upward momentum. Below LevelMin: Indicates strong dow
Filter:
akira1212
208
akira1212 2025.08.17 22:23 
 

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

Davit Beridze
11493
Reply from developer Davit Beridze 2025.08.18 08:51
hello will send you mail. thanks
Yusuf Hamzah
881
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
11493
Reply from developer Davit Beridze 2024.02.18 15:48
thanks for review
rainwalker123
3433
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
11493
Reply from developer Davit Beridze 2023.08.23 09:54
thanks for such words. :)
X_RaXaR
380
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
11493
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
11493
Reply from developer Davit Beridze 2023.07.12 17:28
you are welcome
Epsilon Hogas
1757
Epsilon Hogas 2023.04.08 05:47 
 

Interesting information shown, thank you

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:28
thanks
adonis4ex
6351
adonis4ex 2023.02.21 11:38 
 

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

Davit Beridze
11493
Reply from developer Davit Beridze 2023.03.03 08:45
Hi check PM
jimdog
820
jimdog 2023.02.19 11:13 
 

Thanks, looks good

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:28
thanks
Yoon Jinho
381
Yoon Jinho 2022.12.31 11:12 
 

Great indicator and perfect support

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:29
thank you
Bernardo Carvalho
693
Bernardo Carvalho 2022.12.29 11:02 
 

Good

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:29
thanks
Richard S.
339
Richard S. 2022.12.14 21:22 
 

Great Indicator, Thank you Davit

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:30
you are welcome
tsany
522
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
1604
Lasse Michael Holm 2022.11.08 23:52 
 

User didn't leave any comment to the rating

Davit Beridze
11493
Reply from developer Davit Beridze 2023.07.12 17:30
thanks
Ck.
1046
Ck. 2022.11.07 13:20 
 

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

Erwinlyj
71
Erwinlyj 2022.11.06 11:19 
 

User didn't leave any comment to the rating

Dam Van Long
698
Dam Van Long 2022.11.05 05:51 
 

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

Dariusz Dabrowski
188
Dariusz Dabrowski 2022.11.03 17:29 
 

User didn't leave any comment to the rating

Prianka Bayu Putra
678
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.

123
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