Market Maker X Model (MMXM) indicator for MetaTrader 4 download - Free - [TFlab]

The Market Maker Model Indicator (MMXM) is a specialized tool that provides signals in key price areas. The indicator automatically displays Fair Value Gaps (FVG) from higher time frames on the chart. Additionally, it highlights price highs (BSL) and price lows (SSL) within these FVG regions, as shown by the dotted lines.

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

MMXM indicator specifications

The following table briefly outlines the key points of this indicator:

Indicator overview

After forming a CHoCH and the price retraces to the FVG zone, if the indicator confirms, it provides Buy signals (Long) with green arrows and Sell signals with red arrows. This MMXM Market Maker Model indicator suits ICT , Smart Money and other liquidity-based trading methods.

The MMXM indicator is in a bullish trend

On the price chart of USD/JPY in the 30-minute timeframe , the indicator marks the bullish FVG zone in green. After gathering liquidity, price exits the FVG area CISD upwards and displays a Buy Signal following a CHoCH .

The MMXM indicator is in a bearish trend

The price chart of USD/CAD in the 1-hour timeframe shows the bearish FVG zone in red. Price exited the FVG zone downwards to collect liquidity CISD and showed a sell signal on the retracement into the FVG zone.

Indicator Settings

The image below contains complete details of the indicator settings:

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

Conclusion

The Market Maker X Model Indicator (MMXM) is a useful MetaTrader 4 indicator that enables analysts to identify key market areas.

By plotting the FVG area and marking price highs and lows, the indicator displays Buy and Sell signals , helping traders predict price trends effectively.