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MRA Index

5

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 Index" is a versatile forex indicator that helps traders identify potential market trends and entry points. It features a specialized channel and a dynamic hybrid line that interacts with it to generate buy and sell signals.

Key Features:

  • Dynamic Hybrid Line: Moves within the channel and serves as a basis for generating trading signals.
  • Buy & Sell Arrows: Generated based on specific interactions between the hybrid line and the channel, indicating potential market reversals.
  • Customization: Traders can fine-tune the indicator to match their strategies by adjusting various input parameters.
  • Optional Filters:
    • ATR (Average True Range): Can be enabled or disabled to adjust sensitivity.
    • Bollinger Bands (BB): Helps filter signals based on price action.
    • FTR Filter: Provides visual trend identification with color-coded market conditions.

Customization Options:
The indicator offers several input parameters for flexibility, including settings for ATR, MFI, RSI, Bollinger Bands, and Standard Deviation. Additionally, traders can enable or disable alerts via pop-up messages, push notifications, sound, and email.

Risk Disclaimer:
No indicator guarantees profitable trades. Effective risk management and combining the "MRA Index" with other analysis techniques are essential for making well-informed trading decisions.

Input Parameters Overview:

  • Indicator Behavior:
    • UseATR : Enable/disable ATR in calculations.
    • Std_Period : Standard deviation period for the channel.
    • TimeFrame : Defines the chart timeframe.
    • History : Number of bars for calculation.
  • Filters:
    • UseBB : Toggle Bollinger Bands filter.
    • periodFTR : Controls the FTR filter for market condition visualization.
  • Alerts:
    • alertsOn : Enable/disable alerts.
    • alertsPush , alertsSound , alertsEmail : Notification preferences.

By customizing these settings, traders can tailor the indicator to their specific trading style and objectives.


Reviews 7
Jocys Julius
23
Jocys Julius 2024.01.29 17:41 
 

very helpfull seller, results looks good, looking forward, thank you

DownTheRabbitHole
353
DownTheRabbitHole 2023.08.28 00:17 
 

The MRA index is fantastic, but.. let me explain my findings. After live testing under low volume (Friday) even though the Fed ruined the trade a couple times.... and backtesting, adding multiple indicators as to test the accuracy... this indicator was giving numerous false signals Prior to adding Any indicator by the way, it probably had much to do with the Volume but adding in a Fibo Retracement indicator, and another (you do your homework) it helped to establish focus on better zones... I was able to increase my Hit rate by 15%. I have hundreds if not thousands of indicators, they are separated by accuracy, and value.... for me, this MRA Index hits both those points. I want to add, the Author is similar to a cardiologist, he is always on call, quick to respond to my questions and it's appreciated by myself and anyone else who needs help. Regards, DTRH

Oscar
93
Oscar 2023.08.02 16:34 
 

Very good indicator. Writer is very helpful and shared his EA as gift. Product is profitable and efficient. Nice work!!

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Davit Beridze
4.65 (17)
Leave a Comment after purchase to get 4 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 in One" indicator. Included Patterns : Pattern 1-2-3 : Detects market reversals using three key point
This indicator is for Live Chart not for Tester. The PRO Trend Divergence indicator is a cutting-edge technical analysis tool focused on detecting Trend Continuation Divergence —a signal indicating that the current trend is likely to persist. Unlike conventional indicators that emphasize reversals, this tool helps traders identify market conditions where the trend remains strong, even during temporary retracements or minor corrections. Trend Continuation Divergence occurs when the price moves i
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
MA Speedometer MT5
Davit Beridze
5 (3)
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
Period Cross RSI
Davit Beridze
5 (6)
Check my p a id tools they   work  perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w
FREE
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
Filtered TMA Arrows
Davit Beridze
5 (3)
Check my p a id tools they   work  perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus:  https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma
FREE
MA Speedometer
Davit Beridze
4.6 (10)
Dashboard for Ma Speedometer:  https://www.mql5.com/en/market/product/116784 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. a
Adjustable Pin Bar
Davit Beridze
5 (2)
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
FREE
MFI Modern PRO
Davit Beridze
4.92 (37)
Def ault settings   are just for visu alis ation, it c an not be profit able 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,
MA Revolution
Davit Beridze
5 (1)
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
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 broa
FREE
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
Steady Ranger EA
Davit Beridze
3 (2)
B acktest with set files from comments section (L a st comment) with method open price only. Watch video and Turn ON Subtitles when watching! This EA contains Few stop out levels built in what makes it much safer than any other method! Never pay attention to the Stereotips. Any method can be risky if you use them without a Sense. Steady Ranger EA is an advanced automated channel trading system with potential to find out hundreds of profitable set files according to the back tests. This EA is no
RSI Entry Points
Davit Beridze
5 (5)
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 informative. 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. I Made RSI line Dynamic, it gets more flexible
This EA is Created just for RSI Entry points Indicator ( https://www.mql5.com/en/market/product/67581 Test, to show indicators profitable parameters and to give potential buyers possibility to backtest indicator Entries. EA opens Buy orders on Buy Arrows and Sell orders on Sell Arrows of the indicator, orders are closed on opposite signals. EA is not created for Live automated trading, thats not the goal to sell EA, but any ways if you like it and need it, you can rent. Default settings are fo
Re ad First Before Testing. This Ea goes as a Bonus to  MFI Modern PRO indicator users only. Set files generated  after upgrade you can check in comments section. This Expert advisor is based on MFI Modern PRO indicator   https://www.mql5.com/en/market/product/80765 just to  give possibility to indicator users for fastly test the indicator Before buying. In comments section recommended set files are uploaded by which you can prove yourself that backtest data from indicator overview are real. Thi
Laguerre Scrat
Davit Beridze
5 (1)
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
Fiter
Davit Beridze
5 (2)
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
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.
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
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
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
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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สุกิจฏิพันธ์
214
 

User didn't leave any comment to the rating

Davit Beridze
8844
Reply from developer Davit Beridze 2024.07.27 14:42
thanks. you are welcome
Gerald Cowan
875
Gerald Cowan 2024.01.31 20:22 
 

User didn't leave any comment to the rating

Davit Beridze
8844
Reply from developer Davit Beridze 2024.02.03 18:23
thanks
Jocys Julius
23
Jocys Julius 2024.01.29 17:41 
 

very helpfull seller, results looks good, looking forward, thank you

Davit Beridze
8844
Reply from developer Davit Beridze 2024.02.03 18:22
thank you very much
DownTheRabbitHole
353
DownTheRabbitHole 2023.08.28 00:17 
 

The MRA index is fantastic, but.. let me explain my findings. After live testing under low volume (Friday) even though the Fed ruined the trade a couple times.... and backtesting, adding multiple indicators as to test the accuracy... this indicator was giving numerous false signals Prior to adding Any indicator by the way, it probably had much to do with the Volume but adding in a Fibo Retracement indicator, and another (you do your homework) it helped to establish focus on better zones... I was able to increase my Hit rate by 15%. I have hundreds if not thousands of indicators, they are separated by accuracy, and value.... for me, this MRA Index hits both those points. I want to add, the Author is similar to a cardiologist, he is always on call, quick to respond to my questions and it's appreciated by myself and anyone else who needs help. Regards, DTRH

Davit Beridze
8844
Reply from developer Davit Beridze 2024.02.03 18:22
thanks
Oscar
93
Oscar 2023.08.02 16:34 
 

Very good indicator. Writer is very helpful and shared his EA as gift. Product is profitable and efficient. Nice work!!

Davit Beridze
8844
Reply from developer Davit Beridze 2023.08.02 18:09
thank you very much
Epsilon Hogas
1632
Epsilon Hogas 2023.06.28 09:29 
 

when taking RSI, ATR, MFI into account this indicator can provide interesting information about how the current market moves, I am trying to have some fun on day/swing trading with it

Davit Beridze
8844
Reply from developer Davit Beridze 2023.08.02 18:09
thanks Epsilon
leavemealonepredators
228
leavemealonepredators 2023.06.28 06:02 
 

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Reply to review
Version 2.1 2023.07.20
Bollinger Bands filter (BB) added. possibility to show arrows on price chart added. Flat zone on FTR filter added with Golden collor.