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MFI Modern PRO

4.94
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!


Avis 20
Yusuf Hamzah
408
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
3363
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
353
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.

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ACTUELLEMENT 31% DE RÉDUCTION ! ! La meilleure solution pour tout débutant ou Expert Trader ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une formule secrète. Avec seulement UN graphique, il donne des alertes pour les 28 paires de devises. Imaginez comment votre trading s'améliorera parce que vous serez capable de repérer le point de déclenchement exact d'une nouvelle tendance ou d'
FX Volume
Daniel Stein
4.6 (35)
Indicateurs
Obtenez votre mise à jour quotidienne du marché avec des détails et des captures d'écran via notre Morning Briefing ici sur mql5 et sur Telegram ! FX Volume est le PREMIER et SEUL indicateur de volume qui fournit un VRAI aperçu du sentiment du marché du point de vue d'un courtier. Il fournit des informations impressionnantes sur la façon dont les acteurs institutionnels du marché, comme les courtiers, sont positionnés sur le marché des changes, bien plus rapidement que les rapports COT. Voir c
Shepherd Harmonic Pattern
Abdullah Alrai
4.68 (59)
Indicateurs
Cet indicateur détectera des motifs harmoniques dessinés sur le graphique par des méthodes manuelles et automatiques. Vous pouvez consulter le manuel d'utilisateur à partir de ce lien: Ajoutez votre avis et contactez-nous pour l'obtenir. Il existe une version gratuite pour essayer ce produit sur MT4. Vous pouvez l'utiliser pour détecter les motifs Gartley et Nenstar: https://www.mql5.com/en/market/product/30181 Vous pouvez acheter la version complète de MT4 à partir de: https://www.mql5.com/en/m
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.82 (17)
Indicateurs
TakePropips Donchian Trend Pro   (MT4) est un outil puissant et efficace qui détecte automatiquement la direction de la tendance à l'aide du canal Donchian et vous fournit des signaux de trading d'entrée et de sortie ! Cet indicateur multifonction comprend un scanner de tendance, des signaux de trading, un panneau statistique, un filtre, des sessions de trading et un tableau de bord de l'historique des alertes. Il est conçu pour vous fournir des signaux de trading et vous faire gagner des heures
Pair Trading Station MT4
Young Ho Seo
5 (1)
Indicateurs
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
RelicusRoad Pro
Relicus LLC
4.78 (139)
Indicateurs
Maintenant 147 $ (augmentant à 499 $ après quelques mises à jour) - Comptes illimités (PCS ou Mac) Manuel d'utilisation RelicusRoad + Vidéos de formation + Accès au groupe Discord privé + Statut VIP UNE NOUVELLE FAÇON DE REGARDER LE MARCHÉ RelicusRoad est l'indicateur de trading le plus puissant au monde pour le forex, les contrats à terme, les crypto-monnaies, les actions et les indices, offrant aux traders toutes les informations et tous les outils dont ils ont besoin pour rester renta
PTS Precision Index Oscillator V2
PrecisionTradingSystems
5 (1)
Indicateurs
L'oscillateur de l'indice de précision (Pi-Osc) de Roger Medcalf de Precision Trading Systems La version 2 a été soigneusement recodée pour être ultra-rapide à charger sur votre graphique, et quelques autres améliorations techniques ont été incorporées pour améliorer l'expérience. Le Pi-Osc a été créé pour fournir des signaux de synchronisation de trading précis conçus pour trouver des points d'épuisement extrêmes, les points auxquels les marchés sont contraints d'aller simplement pour élim
Cycle Sniper
Elmira Memish
4.41 (34)
Indicateurs
NEW YEAR SALE PRICE FOR LIMITED TIME!!! Please contact us after your purchase and we will send you the complimentary indicators to complete the system Cycle Sniper is not a holy grail but when you use it in a system which is explained in the videos, you will feel the difference. If you are not willing to focus on the charts designed with Cycle Sniper and other free tools we provide, we recommend not buying this indicator. We recommend watching the videos about the indiactor and system before pu
ON Trade Waves Patterns Harmonic Elliot Wolfe
Abdullah Alrai
5 (1)
Indicateurs
Nous vous présentons ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicateur avancé conçu pour détecter divers types de schémas sur le marché à l'aide de méthodes manuelles et automatiques. Voici comment il fonctionne : Schémas Harmoniques : Cet indicateur peut identifier les schémas harmoniques qui apparaissent sur votre graphique. Ces schémas sont essentiels pour les traders qui pratiquent la théorie du trading harmonique, telle qu'elle est décrite dans le livre de Scott Carney "Harmonic
IX Power MT4
Daniel Stein
5 (5)
Indicateurs
IX Power apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez analyser tout ce que votre terminal a à offrir. Essayez-le et découvrez comment votre timing s'améliore considérablement lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %, sans ré
Up down v6T
Guner Koca
5 (1)
Indicateurs
Thise indicator is up down v6  comes with tradingwiev version. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView version. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is dow
XQ Indicator MetaTrader 4
Marzena Maria Szmit
3 (2)
Indicateurs
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange,   XQ Forex Indicator   empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The
Quantum Heiken Ashi PRO MT4
Bogdan Ion Puscasu
4.43 (7)
Indicateurs
Présentation de la       Cartes   Quantum Heiken Ashi PRO Conçues pour fournir des informations claires sur les tendances du marché, les bougies Heiken Ashi sont réputées pour leur capacité à filtrer le bruit et à éliminer les faux signaux. Dites adieu aux fluctuations de prix déroutantes et bonjour à une représentation graphique plus fluide et plus fiable. Ce qui rend le Quantum Heiken Ashi PRO vraiment unique, c'est sa formule innovante, qui transforme les données traditionnelles des chandelie
Currency Strength Exotics
Bernhard Schweigert
4.88 (33)
Indicateurs
ACTUELLEMENT 20% DE RÉDUCTION ! La meilleure solution pour tout débutant ou trader expert ! Cet indicateur est spécialisé pour montrer la force de la devise pour tous les symboles comme les paires exotiques, les matières premières, les indices ou les contrats à terme. C'est le premier de son genre, n'importe quel symbole peut être ajouté à la 9ème ligne pour montrer la force réelle de la devise de l'or, l'argent, le pétrole, DAX, US30, MXN, TRY, CNH etc. Il s'agit d'un outil de trading uniq
Smart Support and Resistance Trading System
Issam Kassas
5 (2)
Indicateurs
Tout d'abord, il convient de souligner que ce système de trading est un indicateur non repainting, non redrawing et non lagging, ce qui le rend idéal pour le trading professionnel. Le "Système de Trading de Support et Résistance Intelligent" est un indicateur avancé conçu pour les traders novices et expérimentés. Il permet aux traders de bénéficier de précision et de confiance sur le marché du forex. Ce système complet combine plus de 7 stratégies, 10 indicateurs et diverses approches de trad
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Indicateurs
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Experts
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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
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Davit Beridze
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Indicateurs
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
Laguerre Scrat
Davit Beridze
5 (1)
Indicateurs
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
Indicateurs
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
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5 (6)
Indicateurs
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Davit Beridze
Experts
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Davit Beridze
5 (2)
Indicateurs
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MA Revolution
Davit Beridze
5 (1)
Indicateurs
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
Fiter
Davit Beridze
5 (1)
Indicateurs
Indicator customers will get Ea based on Fiter indicator for free as a Bonus. (watch video to see Ea in action) 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 determining big trend
Volatility Arrow
Davit Beridze
Indicateurs
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
Filtrer:
Yusuf Hamzah
408
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
6758
Réponse du développeur Davit Beridze 2024.02.18 15:48
thanks for review
rainwalker123
3363
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
6758
Réponse du développeur Davit Beridze 2023.08.23 09:54
thanks for such words. :)
X_RaXaR
353
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
6758
Réponse du développeur 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
6758
Réponse du développeur Davit Beridze 2023.07.12 17:28
you are welcome
Epsilon Hogas
1468
Epsilon Hogas 2023.04.08 05:47 
 

Interesting information shown, thank you

Davit Beridze
6758
Réponse du développeur Davit Beridze 2023.07.12 17:28
thanks
adonis4ex
6288
adonis4ex 2023.02.21 11:38 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Davit Beridze
6758
Réponse du développeur Davit Beridze 2023.03.03 08:45
Hi check PM
jimdog
664
jimdog 2023.02.19 11:13 
 

Thanks, looks good

Davit Beridze
6758
Réponse du développeur Davit Beridze 2023.07.12 17:28
thanks
passyjh
272
passyjh 2022.12.31 11:12 
 

Great indicator and perfect support

Davit Beridze
6758
Réponse du développeur Davit Beridze 2023.07.12 17:29
thank you
Bernardo Carvalho
672
Bernardo Carvalho 2022.12.29 11:02 
 

Good

Davit Beridze
6758
Réponse du développeur 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
6758
Réponse du développeur Davit Beridze 2023.07.12 17:30
you are welcome
tsany
481
tsany 2022.12.14 17:08 
 

Thank you, Davit for this very useful trading tool!

HKjobs Mt4
159
HKjobs Mt4 2022.12.10 18:17 
 

Hello , I just buy this indicator, would you please send me the EA? Thanks.

Lasse Michael Holm
1298
Lasse Michael Holm 2022.11.08 23:52 
 

l like this indicator. It's really good. Precise and easy to use. Thanks

Davit Beridze
6758
Réponse du développeur Davit Beridze 2023.07.12 17:30
thanks
Ck.
1036
Ck. 2022.11.07 13:20 
 

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

Erwinlyj
56
Erwinlyj 2022.11.06 11:19 
 

Hello , I just buy this indicator, would you please send me the EA? Thanks.

Dam Van Long
588
Dam Van Long 2022.11.05 05:51 
 

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

derek9639
73
derek9639 2022.11.03 17:29 
 

Great indicator! Thanks

Prianka Bayu Putra
626
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
994
lisi 2022.10.28 14:45 
 

Great indicator! Thanks for the advisor.

123
Répondre à l'avis
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