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- MMXM Indicator ICT to TradingView - Free – [TFlab]
MMXM Indicator ICT to TradingView - Free – [TFlab]
The MMXM indicator is a combined tool based on key concepts of ICT (Inner Circle Trader) and Smart Money trading styles.
This tradingview ICT indicator facilitates forecasting future price movements and analyzing critical chart zones.
It provides FVG, SMT Divergence, Liquidity Sweep, MSS, CISD, and HTF PD Array indices.
ICT MMXM Indicator Specifications
The specifications for the ICT Market Maker Model indicator are outlined in the table below:
Category | ICT - Smart Money - Liquidity |
Platform | TradingView |
Skill Level | Advanced |
Indicator Type | Continuation - Reversal - Breakout |
Timeframe | Multi timeframe |
Trading Style | Intraday - Scalping |
Markets | All Markets |
Bullish Trend Conditions
In the 4hour chart analysis of the GBP/USD pair, the price was tested in the "HTF PD" demand zone.
Under these conditions, a "MSS" or "CHoCH" zone can be established, and an arrow can be drawn to initiate a buy position.
Bearish Trend Conditions
In the 1hour chart of the EUR/USD pair, after interacting with the "HTF PD" supply zone, the price has gathered the necessary liquidity and turned bearish.
The formation of an "MSS" or "CHoCH" line confirms the price drop.
MMXM Indicator Settings
Settings for the Market Maker Model indicator panel are as follows:
Local Settings
- Higher Time Frame PD Array: Display the "HTF PD" box
- PD Array Period: Computational period for "HTF PD."
- ATR Coefficient Threshold: Allowed fluctuation range
- Max Swing Back Method: Method for identifying maximum swing
- Max Swing Back: Price reversal level based on swing units
- Second Symbol for SMT: Divergence detection
- SMT Fractal Periods: Number of fractal periods for divergence computation
- FVG Validity Period: Validity duration of "FVG" zones
- MSS Validity Period: The validity period of the "MSS" line
FVG Local Settings
- FVG Filter: Fair Value Gap filter
- Mitigation Level FVG: Balance level
FVG Display Settings
- Demand FVG: Display demand "FVG" zones
- Supply FVG: Display supply "FVG" zones
- Show SMT Divergence Line from the Bottom: Display the "SMT" divergence line from the bottom
- Show SMT Divergence Label from the Bottom: Display the "SMT" divergence label from the bottom
- Show SMT Divergence Line from the Top: Display the "SMT" divergence line from the top
- Show SMT Divergence Label from the Top: Display the "SMT" divergence label from the top
Display Settings
- Show All HTF LvL: Display all "HTF PD" levels
- Show High HTF LvL Name: Define names for higher "HTF" boxes
- Show Low HTF LvL Name: Define names for lower "HTF" boxes
- Show All MSS: Display all "MSS" lines
- Show High MSS Name: Define names for higher "MSS" lines
- Show Low MSS Name: Define names for lower "MSS" lines
Conclusion
The MMXM indicator is one of TradingView's indicators based on "ICT" and "Smart Money" trading concepts. It is highly effective in identifying key reversal zones and trend initiation points.
The ICT Market Maker Model indicator has flexible settings, allowing users to enable or disable its elements.
What is the meaning of the indicator name MMXM?
The meaning of the indicator name MMXM is an abbreviation for "Market Maker Buy and Sell Model."
Is this indicator limited to Forex markets only?
No, this indicator can be used across all markets, including crypto, forex, stocks, and commodities.