Market Maker X Model (MMXM) indicator for MetaTrader 5 download - Free - [TFlab]

The Market Maker X Model Indicator (MMXM) is an analytical tool used to identify price behaviors and trend reversal areas . This indicator focuses on analyzing order flow and the influence of buyers and sellers market structure, helping traders better understand liquidity movements and key price levels .

MMXM indicator specifications

This table contains a summary of details related to this indicator:

Indicator overview

The MMXM Market Maker X Model Indicator helps traders determine the best entry points. After CHoCH is formed and the price falls back to the FVG zone, the indicator confirms and shows Buy signals (Long) with a green arrow and Sell signals with a red arrow.

If the price crosses the dotted line and collects liquidity, a change of behavior (CHoCH) or CISD is detected and marked with a purple arrow.

The MMXM indicator is in a bullish trend

In the price chart of the USD/CHF pair on a 5-minute timeframe , the indicator first identifies and plots the areas of the higher timeframe on the bullish FVG chart.

Upon entering this area, the price moves upward CISD , collecting available liquidity. Thereafter, when the price exits the FVG zone and the confirmation candle closes, the indicator shows Buy Signal with a green arrow.

The MMXM indicator is in a bearish trend

On the 30-minute USD/JPY pair chart, price collected liquidity in the bearish FVG zone (red) and showed a change of character (CHoCH) as it exited the FVG zone with a large candle.

After the price retraces into the bearish FVG zone and the indicator shows Sell Opportunity , a red arrow appears on the chart after confirming the required conditions.

Indicator Settings

The complete setup of this indicator is shown in the image below:

• Color themes for charts and objects : set to light mode;
• Show Higher Time Frame Areas : Shows bullish and bearish FVG on higher time frames.

Conclusion

Market Makers play an important role in providing liquidity and facilitating trading. They help maintain market stability by balancing supply and demand .

By identifying Changes in Market Characteristics (CHoCH) and price pullbacks into FVG zones , this indicator provides buy and sell signals using green and red arrows.