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Multi Meter Indicator MMI MT4

Multi Meter Indicator (MMI) for MetaTrader 4

The Multi Meter Indicator (MMI) on the MetaTrader 4 (MT4) platform is an advanced visual tool that integrates nine technical indicators into one compact panel, including a 14-period Moving Average displayed in the upper right corner. With MMI, traders can evaluate market momentum and buyer-seller dynamics with a consolidated data view on their charts.

«Indicator Installation & User Guide»

MT4 Indicator Installation | Multi Meter Indicator MMI MT5 | ALL Products By TradingFinderLab | Best MT4 Indicator: Refined Order Block Indicator for MT4 | Best MT4 Utility: Trade Assistant Expert TF MT4 | TP & SL Tool: Risk Reward Ratio Calculator RRR MT4 | Money Management: Easy Trade Manager MT4 | Trade Copier: Free Fast Local Trade Copier MT4


Indicator Overview (MMI)

Category

Signal & Forecast – Volatility – Trading Utility

Platform

MetaTrader 4

Skill Requirement

Intermediate

Indicator Style

Momentum – Leading

Available Timeframes

M15 – M30 – H1 – H4 – Daily – Weekly

Trading Approach

Scalping – Intraday – Daily Trading

Markets Supported

Forex – Cryptocurrency – Equities

 

Practical Use of the MMI Tool

On the GBP/CHF one-hour timeframe, the MMI indicator streamlines technical evaluation by combining data from multiple indicators. This integration allows traders to interpret market conditions quickly and effectively.

  • WPR% Histogram: Presents the Williams' Percent Range level in bar format.
  • Trade Signal (Buy/Sell): Provides trade direction via color-coded arrows—green for buy, red for sell.
  • Price Bar Comparison: Highlights price change over the last four candles as a percentage.
  • MACD Direction: Indicates the crossover trend of the MACD signal.
  • MA-X Crossover: Shows crossover between linear weighted and simple moving averages.
  • SAR Directional Bias: Indicates the current trend based on Parabolic SAR.
  • Bid-Ask Spread: Displays the spread value between current buy/sell prices.
  • MA Trend Flow: Reflects the current slope and direction of moving average.
  • Stochastic Reading: Converts the stochastic oscillator reading into a histogram for quick analysis.

 

MMI Buy Signal Example
In a one-hour chart of the USD/CAD pair, the MMI tool generated a buy signal by evaluating conditions across its component indicators. This serves as a potential entry point for long positions.

MMI Sell Signal Example
On the NZD/USD hourly chart, a sell signal is produced using the MMI system, guiding traders toward potential short setups based on aggregated signal logic.

 

MMI Input Settings

  • StockValues: Refers to Stochastic Oscillator input values
  • Stock_K / D / Slowing: Defines K, D, and Slowing periods of the stochastic settings
  • MA_Values / Period / Shift: Configures Moving Average calculation and placement
  • MACD_Values / Periods 1–3: Manages MACD Fast, Slow, and Signal line parameters
  • MAXVALUES / FastLWMA / SlowSMA: Controls parameters for the MA-X crossover analysis
  • PSARValues / STEP / MAX: Adjusts the Parabolic SAR step and maximum values

 

Conclusion

The Multi Meter Indicator (MMI) is a highly functional solution for MT4 users aiming to combine multiple data points into a single interface. By grouping nine different indicators into a neat, top-right corner display, MMI reduces clutter and enhances decision-making speed for traders across all major markets.

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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
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Aleksandr Makarov
5 (2)
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Juvenille Emperor Limited
5 (3)
Matrix Arrow Indicator MT4 est une tendance unique 10 en 1 suivant un indicateur multi-période 100% non repeint qui peut être utilisé sur tous les symboles/instruments: forex, matières premières, crypto-monnaies, indices, actions.  Matrix Arrow Indicator MT4 déterminera la tendance actuelle à ses débuts, en rassemblant des informations et des données à partir d'un maximum de 10 indicateurs standard, qui sont: Indice de mouvement directionnel moyen (ADX) Indice de canal de matières premières (CC
Black dragon indicator
Ramil Minniakhmetov
4.86 (119)
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Gold AMS
Aleksandr Makarov
Special offer! https://www.mql5.com/ru/users/bossik2810 Gold AMS   - is a good technical stock indicator. The indicator algorithm analyzes the asset price movement and reflects volatility and potential entry zones. The indicator 100% does not repaint!!! The best indicator signals: If a signal appears, it does not disappear! Unlike indicators with redrawing, which lead to loss of deposit, because they can show a signal and then remove it. Trading with this indicator is very easy. We wait for a
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