Ticker tape by TradingView

The XMR Indicator

Extreme Mean Reversion Indicator
The extreme mean reversion indicator (XMR) is a MT4 chart indicator used to identify potential reversal signals in a financial market. The XMR indicator specializes in scanning previous price action in order to signal potential overbought or oversold conditions in a market. The XMR is displayed as a bar chart, with a set range from -5 to +5. +5 is considered extremely overbought, and -5 being extremely oversold (dark gray areas).

The tool was built with the concept of mean reversion in mind, meaning that markets often return to historical means. With this in mind, this tool can be utilized to look for markets that have significantly moved away from their historical means and may be due for a reversal.

Overbought/Oversold Reversal Spotting Tool: The XMR Indicator for MT4! 


The scanner already has RSI periods built in to the input, but you can choose whatever time periods as well as whatever design you want.

* Note: the indicator is built for Metatrader 4 ONLY. Other platforms (including MT5) will not work for the indicator file.

Email & MT4 Alert Capabilities

The tool also has built it capabilities to automatically alert the user via email or MT4 alert of a new signal/pattern detection. This can be very helpful for reducing screen time and only trading your favorite setups.

One-Time Purchase, Unlimited Uses

Once you purchase the software tool for yourself, you won’t need to pay any recurring fees, and can use the tool on any MT4 platform on multiple devices. MT4 robots only work on MT4 platforms on a laptop or desktop, as MT4 software does not run on mobile devices.

How To Get The XMR Indicator

Step 1: Choose your Package 

Purchase the XMR Indicator individually or get all of our software tools with the gold membership.
Please note, by completing your purchase you agree to our terms and refund policy, found HERE
Having issues with your payment? Message us HERE.


Get a ex4 file for MT4 platform
Receive Installation Instructions
Receive a user guide
Download Instantly
* Disclaimer: Past performance is not a guarantee of future results. We do not guarantee any profit will be made using this product or any other product listed on our website for sale.


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XMR Indicator

Step 2: Download Your New Software! 

Once you’ve made your payment, you will be directed to a download link to receive software, as well as sent a confirmation email. Be sure to follow the steps listed in the manual to download your software tool. Happy trading!
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